Search For "nbfc mfi"
RBI takes action against 4 NBFCs over excessive interest rates, non-compli
Updated : 1 year, 7 months ago IST
According to RBI, Asirvad Micro Finance Limited (Chennai), Arohan Financial Services Limited (Kolkata), DMI Finance Private Limited (New Delhi), and Navi Finserv Limited (Bengaluru) were directed to cease and desist from sanction and disbursal of loans, effective from close of business of Oc
Read More
SATYA MicroCapital Limited Secures Rs 1000 Mn Debt Funding from Japan Base
Updated : 1 year, 8 months ago IST
New Delhi [India], September 27: RBI registered NBFC-MFI, SATYA Micro Capital Limited has successfully raised Rs 1000 Mn from Mizuho Bank Ltd. which is a subsidiary of Mizuho Financial Group, Inc. Expanding its lender base, it is for the very first time that SATYA has been backed by Mizuho B
Read More
Annapurna Finance, British International Investment, and FinReach Solution
Updated : 1 year, 8 months ago IST
New Delhi [India], September 13: Annapurna Finance Pvt. Ltd., one of India's leading Non-Banking Financial Companies and Microfinance Institutions (NBFC-MFI), has entered into a landmark partnership with British International Investment (BII), the UK's development finance institution and imp
Read More
SATYA MicroCapital Limited Secures Rs 500 Cr (USD 60Mn) Debt Funding from
Updated : 1 year, 8 months ago IST
New Delhi [India], September 7: RBI-registered NBFC-MFI SATYA MicroCapital Limited has once again secured Rs 500 Cr (USD 60Mn) from Sumitomo Mitsui Banking Corporation (referred as SMBC hereafter), a renowned Japanese multinational financial services institution under Sumitomo Mitsui Financi
Read More
Jana Small Finance Bank Sweeps 4 Awards at ICC Emerging Asia Banking Concl
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], August 26: Jana Small Finance Bank has once again cemented its status as a frontrunner in the Indian banking industry. The bank's commitment to excellence and innovation was recognized at the prestigious 2nd ICC Emerging Asia Banking Conclave & Awards, where
Read More
Siguler Guff Builds 240 Crore Stake in Spandana Sphoorty, a Leading Microf
Updated : 2 years ago IST
Mumbai (Maharashtra) [India], May 6: Siguler Guff & Company, LP ("Siguler Guff" or the "Firm), a global multi-strategy private markets investment firm with over USD 16 billion in assets under management, announced today that it has invested Rs 240 crores, for an approximate 3.5 per cent
Read More
Former NABARD Chairman Dr. Govinda Rajulu Chintala Joins IIFL Samasta Fina
Updated : 2 years, 1 month ago IST
Mumbai (Maharashtra) [India], April 26: IIFL Samasta Finance, which is one of India's largest non-banking microfinance companies (NBFC-MFI), today said that Former Chairman of NABARD, Dr. Govinda Rajulu Chintala has joined as independent director and Chairman of the Board at IIFL Samasta Fin
Read More
Dvara Research Releases Report on MFIN's CGRM - Findings and Recommendatio
Updated : 2 years, 7 months ago IST
New Delhi [India], October 11: Microfinance Institutions Network (MFIN), the premier industry association and RBI recognised Self-Regulatory Organization (SRO) has made public its Study Report by Dvara Research on its Customer Grievance Redressal Mechanism (CGRM). MFIN's CGRM was set-up in 2
Read More
CRISIL upgrades Fusion Micro Finance Limited to 'CRISIL A+/Stable'
Updated : 2 years, 7 months ago IST
New Delhi [India], October 4: Fusion Micro Finance [BSE (BOM: 543652) and NSE (NSE: FUSION)], one of India's leading NBFC-MFIs, has announced that CRISIL, the Credit Rating Agency, has upgraded its credit rating on the Bank Loan Facilities and Non-Convertible Debentures of Fusion Micro Finan
Read More
SATYA MicroCapital Limited Secures Rs 500 Cr (USD 60Mn) Debt Funding from
Updated : 2 years, 8 months ago IST
New Delhi [India], September 30: RBI registered NBFC-MFI, SATYA MicroCapital Limited has successfully raised Rs 500 Cr (USD 60Mn) from Sumitomo Mitsui Banking Corporation which is a Japanese multinational banking financial services institution owned by Sumitomo Mitsui Financial Group, Inc.
Read More
SATYA MicroCapital crosses Rs 5,001 crores Assets Under Management mark
Updated : 3 years, 1 month ago IST
New Delhi [India], April 4 (ANI/NewsVoir): SATYA MicroCapital, one of the fastest growing RBI registered NBFC-MFI has achieved the milestone of Rs 5001 crores Assets Under Management on the commencement of FY23-24. This is not the only feather SATYA has added to its golden cap at this moment
Read More
Dia Vikas Capital, a subsidiary of Opportunity International Australia mak
Updated : 3 years, 7 months ago IST
New Delhi [India], October 28 (ANI/NewsVoir): Dia Vikas Capital Pvt. Ltd., the India based subsidiary of Opportunity International Australia Limited has exited from the RBI registered NBFC-MFI SATYA MicroCapital Ltd. Dia was the initial institutional investor in SATYA.
Read More