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- Spandana shortlists banks for $400m in IPO (31 August 2010)
Spandana Sphoorty Financial a leading MFI has shortlisted Morgan Stanley(MS.N), Citi(C.N) and JM Financial(JMSH.BO) for its IPO of $400 million, which may be launched next year. ...
- Bandhan looks to rope in pvt investor for 100-cr infusion (31 August 2010)
Bandhan Microfinance, an Indian MFI is now on a look out for a private investor who can infuse a capital of Rs. 100 crore in to the MFI. ...
- Western Union and Bandhan Microfinance join hands (30 August 2010)
Western Union, a leader in money transfer services has joined hands with Bandhan, an MFI to increase its threshold in rural areas. ...
- Equitas raises Rs 45 Cr from Canaan Partners (30 August 2010)
Equitas Microfinance is an Indian MFI operational in Tamil Nadu, Andhra Pradesh and Maharashtra. It has a loan portfolio of nearly Rs. 600 crores and has a client base of more than 10 lakhs. ...
- IPO makes SKS employees rich (27 August 2010)
Many of the employees of SKS who had received its shares under the employee share purchase scheme (ESPS) have become rich post IPO. ...
- Catamaran investment in SKS grows three times in 6 months (27 August 2010)
Catamaran Ventrues which is a venture capital fund backed by Chairperson of Infosys has made a mark to market profit of nearly Rs. 64 crore in just 6 months of its investment in India’s biggest MFI SKS Microfinance. Catamaran became a pre-IPO investor of SKS Microfinance which raised Rs. 1654 crore in its IPO recently. ...
- M-CRIL rates Incofin’s microfinance fund (26 August 2010)
The leading Indian microfinance rating agency, M-Cril has given Incofin’s Rural Impulse Fund I and Incofin CVSO a rating of ‘being strongly recommended’ on both the financial and social performance dimension. ...
- Investing in SKS is a fantastic investment opportunity (26 August 2010)
As per the inputs of Chief Manager, Geojit BNP Paribas Financial Services investing in SKS Microfinance is good investment opportunity. ...
- Janalakshmi Financial Services undertakes securitization deal with IFMR worth Rs. 250 million (25 August 2010)
Janalakshmi Financial Services (JFS) is a NBFC-MFI based in Bangalore and has undertaken a securitization deal worth Rs. 250 million with IFMR Capital. ...
- New credit bureaus try to retrieve old data (25 August 2010)
At present the Credit Information Bureau of India is dominating the credit information bureau space in India. As per RBI, it has given its consent to three more such entities to launch a credit bureau in India. The new prospective credit bureaus are attempting to leap further and provide better services. ...
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