Search For "nbfc mfi"
CreditAccess Grameen posts highest-ever quarterly profit growth at 195%
Updated : 3 years, 7 months ago IST
The MFI's total income rose 31 per cent year-on-year to Rs 814.3 crore from Rs 618.6 crore in the corresponding quarter the previous year. Its net interest income increased 39.9 per cent to Rs 516.2 crore from Rs 368.9 crore in the year-ago period. However, impairment of financial instrument
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Arohan selects Scienaptic's AI-Powered Platform to strengthen Its AI Innov
Updated : 3 years, 8 months ago IST
Kolkata (West Bengal) [India], October 3 (ANI/PNN): Leading global AI-powered credit decisioning platform provider Scienaptic AI announced today that Arohan Financial Services Limited, India's leading NBFC-MFI has selected its predictive modeling platform for sharper analytical decisioning.
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SATYA MicroCapital continues its rapid growth by reaching 10 lakh clients
Updated : 3 years, 9 months ago IST
New Delhi [India], August 23 (ANI/NewsVoir): SATYA MicroCapital, one of India's fastest growing RBI registered NBFC-MFI has crossed the milestone of reaching 10 lakh active clients by offering collateral free micro credit services through cashless transactions to women entrepreneurs nestl
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Ananya Finance and Prayas Microfinance join hands to lower poverty levels
Updated : 3 years, 10 months ago IST
New Delhi [India] July 8 (ANI/SRV): Impact lender, Ananya Finance for Inclusive Growth Pvt Ltd, one of the NBFCs of India is set to expand its span of operation by joining hands with Prayas Financial Services Pvt Ltd, a Micro Finance company. Ananya has announced acquiring a majority stake i
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Annapurna Finance raises USD 15mn from Proparco, bringing the total round
Updated : 3 years, 11 months ago IST
Bhubaneshwar (India), June 27 (ANI/PNN): Bhubaneshwar-based Annapurna Finance ("Annapurna"), among the top five NBFC-MFIs in the country, has raised funds worth USD 15 million from Proparco in Series A2. With the fresh funds, the total round size amounts to USD 100 million. This is the fourt
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INR 1000 Crore worth Skill Loans announced by SATYA MicroCapital Ltd. in a
Updated : 4 years ago IST
New Delhi [India], May 30 (ANI/NewsVoir): SATYA MicroCapital Ltd., one of the leading RBI registered NBFC-MFIs in the country, announced their collaboration with National Skill Development Corporation (NSDC) for providing financial support to the students enrolled with NSDC's network of trai
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SATYA MicroCapital ropes in international footballer Sangeeta Soren as its
Updated : 4 years, 3 months ago IST
New Delhi [India], February 3 (ANI/NewsVoir): SATYA MicroCapital Ltd.; one of the most prominent RBI registered NBFC-MFIs in the country announced International Football player, Sangeeta Soren as the company's brand ambassador. This announcement comes at the time when the MFI has completed t
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SATYA MicroCapital reaches Rs. 2000 cr. Assets under Management
Updated : 4 years, 5 months ago IST
New Delhi [India], December 31 (ANI/NewsVoir): Despite of confronting various challenges posed by pandemic, SATYA MicroCapital Ltd., RBI registered NBFC-MFIs has once again proved that nothing can deter the organization from achieving remarkable growth.
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SATYA MicroCapital appoints Former Executive Director of RBI, Deepali Pant
Updated : 4 years, 7 months ago IST
New Delhi [India], October 7 (ANI/NewsVoir): SATYA MicroCapital Ltd., one of the rapidly expanding growing NBFC-MFIs in the country announced the appointment of Deepali Pant Rajeev Joshi, as a new Independent Director on the Company's Board with effect from September 24, 2021.
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SATYA MicroCapital secures fresh funding worth Rs.300mn from GMO-Z.Com pay
Updated : 4 years, 8 months ago IST
New Delhi, [India], September 9 (ANI/NewsVoir): GMO-Z.Com Payment Gateway India Credit Fund has backed SATYA MicroCapital Ltd. through Non-Convertible Debentures (NCDs) worth Rs. 300mn. This is for the first time; SATYA has raised debt funding from Japan based investor. The funds will be uti
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NBFC-MFI sector may see more restructuring of portfolio: Crisil
Updated : 4 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 12 (ANI): A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs will increase asset-quality pressures in the sector, according to Crisil Ratings.
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RBI Governor meets MDs, CEOs of NBFC-Micro Finance institutions
Updated : 5 years 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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