Latest Articles in microfinance
Microfinance Platform Enabling MSMEs
New-age financial technology firms have devised novel ways to bridge the gap between these two vital sectors of the economy, whether by developing a platform to assist banks in faster data verification or by offering a full suite of services, including a savings account, to provide an end-to-end one-stop solution
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Muthoot Microfin Raises Rs 75 Crore
The market-linked debentures, which were issued on a private placement basis, are slated to mature in 18 months
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IPO To Grow Bigger As More Players Line Up Rs 55,000 Cr Issues
With more than a dozen insurance, asset management, commercial banking, non-banks, microfinance, housing finance, and payment bank players already filing draft documents with the market regulator Sebi for public offerings, the financial services sector is set to dominate the primary issues or initial public offerings (IPOs) over the coming months
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UPI Auto Pay Debuts Into MFI Segment
In an effort to drive financial inclusion and boost cashless transactions in the country, SCNL has made loan EMI payments more seamless for its customers by introducing UPI AutoPay. SCNL is the first player in the microfinance segment to go live on this unique functionality.
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The Week That Has Been: Startups Raise Millions Of Dollars and Counting
The funding in Indian start-ups is pouring in a sector-agnostic manner
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Asirvad Microfinance Raises USD 15 mn In ECB From WorldBusiness Capital Inc
Proceeds from the loan, availed under the external commercial borrowing (ECB) norms, will enable Asirvad to expand its business of providing small loans to low-income women business owners in rural areas.
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Northern Arc Capital Syndicates €10 Million Debt Facility From BANK IM BISTUM ESSEN Eg (BIB) To Fusion Microfinance
The transaction facilitated by Northern Arc Capital, a leading digital debt platform that addresses the credit requirements of the underbanked in India, took over a year to culminate with the global health crisis throwing up multiple challenges.” added Markus
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Grameen Koota Honoured with ISC-FICCI 2017 Sanitation Award
The microfinance organization was conferred with ‘Best Financial Accessibility for Sanitation’ award for its role in providing credit access for toilet construction
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Janalakshmi Financial Services Gets Final RBI Nod to Open Small Finance Bank
It’s the largest microfinance company in India and has already worked with 5 million families and loaned 1 crore in 16 months
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Empowering India’s Women Entrepreneurs Through Crowd-Funded Microfinance
A year back, 20 random social microinvestors came together and pooled in Rs 15,000 to support these women and thus created social impact.
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