Bharat Microfinance Report 2016 -2017 Released

Sa-Dhan, India’s premier body of development finance institutions has released it’s latest report on the status of microfinance in India for the FY2015-16. The report titled the Bharat Microfinance Report provides the latest data and statistics about the micro-finance sector in India. The much anticipated report serves as a barometer of the sector for Indian … Continue reading “Bharat Microfinance Report 2016 -2017 Released”

Indian Microfinance Industry touches Rs. 64,000 Crores for 2016 – 2017

According to Sa-Dhan’s “Bharat Microfinance Report – 2016”, the Indian microfinance industry is pegged at Rs. 63,853 crores making it about US$ 10 billion industry. The industry is beginning to see benefits of scale with reduced interest for borrowers. The top 10 NBFC-MFIs contributing  80% of the sector’s Gross Loan Portfolio or over Rs. 40,000 … Continue reading “Indian Microfinance Industry touches Rs. 64,000 Crores for 2016 – 2017”

17 Times – Equitas IPO Oversubscribed

On the last day of it’s IPO, Equitas received bids for more than Rs 28,000 Crores which resulted in an over-subscription of 17 times. The IPO which opened on 5th April closed today afternoon with orders for more than 247 Crore shares. Earlier this week the IPO began with a subdued start garnering only 0.10 … Continue reading “17 Times – Equitas IPO Oversubscribed”

Inclusive Finance India Report 2015 – 2016

The Microfinance India, state of the sector report which has been in publication since the last eight years has now re-branded itself as the Inclusive Finance India Report.The 2015 edition’s editor is Professor M.S Sriram who leads the Centre for Public Policy at the IIM, Bangalore. This report is a must read for those looking to … Continue reading “Inclusive Finance India Report 2015 – 2016”

Ujjivan IPO News

Ujjivan Financial Services has announced that it’s IPO could soon hit the markets as the company seeks to list on the NSE and BSE. Ujjivan’s IPO would be the second one to hit the primary capital markets this year after Equitas Holdings announced the dates of its IPO yesterday. Unlike Equitas which is planning to … Continue reading “Ujjivan IPO News”

Equitas IPO Review – Should you invest?

Equitas Holdings Ltd has fixed the dates when it’s shares would be offered to the public through an IPO. The Equitas IPO would open on the 5th April,2016 and close on the 7th April, 2016. The company received an approval from SEBI in January 2016 for its Draft Red Herring Prospectus. It has fixed a … Continue reading “Equitas IPO Review – Should you invest?”