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Business News | Siguler Guff Builds 240 Crore Stake in Spandana Sphoorty, a Leading Microfinance Lender
06 May 2024 13:09 GMT
… "Company"), a leading microfinance non-banking financial corporation (… under the joint liability group model, predominantly to women. As of …
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Siguler Guff Builds 240 Crore Stake in Spandana Sphoorty, a Leading Microfinance Lender
06 May 2024 13:20 GMT
… "Company"), a leading microfinance non-banking financial corporation (… under the joint liability group model, predominantly to women. As of …
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Siguler Guff invest Rs 240 crore in Hyderabad-based microfinance lender Spandana Sphoorty
06 May 2024 10:12 GMT
… Financial Ltd, a Hyderabad-based microfinance Non-Banking Financial Corporation (NBFC … under the joint liability group model, predominantly to women.
Spandana’s …
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IPO alert: Muthoot arm Belstar Microfinance files draft papers with SEBI for ₹1,300-crore issue May 5, 2024 3:48 PM 2 Min Read
05 May 2024 14:02 GMT
… that its subsidiary Belstar Microfinance has filed the draft … The company's lending model primarily centers around the … ;s public issue.
The microfinance industry has recorded healthy growth … sized loans disbursed by microfinance lenders, per a CRISIL …
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Muthoot Finance's arm Belstar Microfinance files DRHP with SEBI for ₹1,300 crore IPO
05 May 2024 13:57 GMT
… percent ownership in Belstar Microfinance. The proceeds generated from … general corporate purposes. Belstar Microfinance, an NBFC-MFI, … subscription Primarily, its lending model revolves around the … group' (SHG) model, constituting 57 percent of the …
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5 ways businesses can help to alleviate poverty
06 May 2024 14:09 GMT
… solidarity among different groups and models humane leadership qualities. Organizations can … can be seen within the microfinance industry of some developing economies …
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Narendra Modi: Transforming mindsets
06 May 2024 09:58 GMT
… lines of the successful Somnath model, when the idols appeared under … Jan Dhan accounts, collateral-free microloans, confidence in the people to …
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Oradian Pioneers Next-Gen Financial Services with Local Flair in the Philippines
06 May 2024 08:37 GMT
… specific needs of local banks, microfinance institutions, digital lending firms, SME … support, and subscription-based pricing models tailored to the local market …
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Muthoot Finance's subsidiary files ₹1,300 crore IPO papers with SEBI"
06 May 2024 04:02 GMT
… first invested in Belstar Microfinance in 2018, and made … two-thirds of Belstar Microfinance.
Allocation of IPO proceeds … and emergency loans.
Business model and financial performance
Belstar primarily … group' (SHG) model, which constitutes 57% of its …
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Bajaj Finance sinks 8% amid rising NIM pressure
05 May 2024 12:04 GMT
Investors shunned shares of Bajaj Finance on Friday, a day after the non-banking financial company (NBFC) reported a sharp contraction in its net interest margin (NIM) for the March quarter of the financial year 2023-24 (Q4FY24).
The losses accounted for a …