Arman Financial Services reports Q3FY25 loss as microfinance sector faces turmoil
Arman Financial Services Limited, a Gujarat-based non-banking financial company (NBFC) specialising in microfinance, micro-enterprise (MSME) loans, two-wheeler loans, and Loan Against Property (LAP), posted a ... Read More
IIFL Finance Q3FY25 results: Profit plummets 85% amid rising credit costs and loan portfolio shifts
IIFL Finance Limited has reported an 85% year-on-year decline in profit after tax (PAT) for the third quarter of the 2024-25 financial year, as rising ... Read More
Satin Creditcare and HSBC India seal landmark Rs 119.1cr deal—What it means for microfinance in India
Satin Creditcare Network Limited (SCNL), a major player in India's microfinance sector, has successfully concluded its first Pass-Through Certificate (PTC) transaction with HSBC India, valued ... Read More
Muthoot Microfin launches first branch in Andhra Pradesh to boost financial inclusion
Muthoot Microfin (NSE: MUTHOOTMF, BSE: 544055), a prominent microfinance institution in India, has announced its expansion into Andhra Pradesh with the opening of its inaugural ... Read More
Muthoot Microfin announces co-lending partnership with State Bank of India to support women entrepreneurs
Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055), a prominent microfinance institution based in Kochi, has entered into a strategic co-lending partnership with the State Bank ... Read More
Siguler Guff & Company acquires ownership stake in Spandana Sphoorty Financial with Rs 240cr investment
Siguler Guff & Company, LP, a global multi-strategy private markets investment firm with over $16 billion in assets under management, has invested INR 240 crores ... Read More
Muthoot Microfin secures $75m in syndicated social loan to boost microfinance
Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055), a forefront microfinance institution in India, has successfully announced the closure of a significant financial deal, securing a ... Read More