Search For "micro finance"
SATYA MicroCapital raises USD 15mn led by Japan based investor Gojo and Co
Updated : 3 years, 9 months ago IST
New Delhi [India] June 24 (ANI/NewsVoir): Micro-finance firm SATYA MicroCapital Limited has recently raised fresh funding of worth USD 15mn led by its existing Japan-based investor-Gojo & Company Inc. The total amount of fiscal backing is constituted by USD 8mn being allocated to Debt an
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SATYA MicroCapital to raise more Funding up to USD 22 Mn for Future Growth
Updated : 4 years ago IST
New Delhi [India], March 2 (ANI/NewsVoir): Micro-finance firm SATYA MicroCapital Limited recently announced raising of fresh round of funding. The company will be securing funds worth up to USD 22 Mn led by an existing investor. The total amount of fiscal backing is constituted by USD 15 Mn
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Assam Forest Minister Parimal Suklabaidya rolls out Assam Micro Finance In
Updated : 4 years, 1 month ago IST
Guwahati (Assam) [India], February 3 (ANI): Assam Environment and Forest Minister Parimal Suklabaidya gave away cheques as financial support to women borrowers who took loans from microfinance institutions in Assam's Hojai district on Thursday under Category 1 of Assam Micro Finance Incentiv
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Assam CM distributes cheques to beneficiaries of Micro-Finance Incentive a
Updated : 4 years, 2 months ago IST
Dhemaji (Assam) [India], January 2 (ANI): Assam Chief Minister Himanta Biswa Sarma on Sunday distributed cheques worth Rs 25,000 each to five-thousand women beneficiaries under the Assam Micro-finance Incentive and Relief Scheme.
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Satin Creditcare Network suffers Q1 loss of Rs 81 crore
Updated : 4 years, 7 months ago IST
New Delhi [India], Aug 9 (ANI): Micro-finance major Satin Creditcare Network Ltd said on Monday it recorded a loss of Rs 81 crore in the April to June quarter as collection efficiency dipped due to second wave of Covid-19 pandemic.
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RBI Governor meets MDs, CEOs of NBFC-Micro Finance institutions
Updated : 4 years, 10 months ago IST
New Delhi [India], May 3 (ANI): The Reserve bank of India Governor, Shaktikanta Das on Monday met managing directors (MD) and Chief Executive officers (CEOs) of Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) via video conferencing.
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Loans of Rs 14.96 lakh crore sanctioned since launch of PM Mudra scheme
Updated : 4 years, 11 months ago IST
New Delhi [India], April 7 (ANI): More than 28.68 crore loans for an amount of Rs 14.96 lakh crore have been sanctioned by banks, Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs) since the launch of Pradhan Mantri Mudra Yojana (PMMY), according to the Centre.
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Satin Creditcare completes first call on rights issue
Updated : 5 years ago IST
New Delhi [India], March 26 (ANI): Micro-finance major Satin Creditcare Network Ltd said on Friday it has successfully completed the conversion of shares from Rs 2.50 paid up per share to Rs 7.50 paid up per share against face value of Rs 10 per share in first call money of its partly paid r
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MFI Spandana Sphoorty to buy Criss Financial for Rs 50 cr
Updated : 5 years ago IST
Hyderabad (Telangana) [India], March 11 (ANI): Micro-finance institution Spandana Sphoorty Financial Ltd on Thursday approved an investment of Rs 50 crore in equity share capital of its subsidiary Criss Financial Holdings Ltd (CFHL) in one or more tranches.
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Odisha: ED attaches properties worth Rs 128.86 Crores in chit fund cases
Updated : 5 years, 1 month ago IST
Bhubaneshwar (Odisha) [India], February 11 (ANI): Directorate of Enforcement (ED) on Wednesday issued a Provisional Attachment Order under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA) attaching movable and immovable properties worth Rs 128.86 Crores in the case of Mi
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SC refuses to entertain plea seeking law over conduct of micro-finance ins
Updated : 5 years, 1 month ago IST
New Delhi [India], February 9 (ANI): The Supreme Court on Tuesday refused to entertain a petition seeking directions to the Centre to enact a law for the conduct of micro-finance institutions.
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Over Rs 24,500 crores distributed to MIFs, RRBs under special liquidity fa
Updated : 5 years, 8 months ago IST
New Delhi [India], July 2 (ANI): Union Minister G Kishan Reddy on Thursday said that over Rs 24,500 crores have been distributed to Corporate Banks, Regional Rural Banks and Micro Finance Institutions under special liquidity facility by the National Bank for Agriculture and Rural Development
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