Top Microfinance Companies in India 2014 – 2015 List

After a gap of more than five years, CRISIL – India’s leading agency for microfinance ratings has released it’s updated list of the top microfinance companies in India titled “India’s 25 Leading MFI’s“ for the years 2014 – 2015. The previous ranking of Microfinance Institutions was released in 2009 and was titled India’s Top 50 Microfinance Institutions. CRISIL has been … Continue reading “Top Microfinance Companies in India 2014 – 2015 List”

IFMR Capital structures India’s 1st Collateral Bond Obligation in Financial Inclusion

Eleven microfinance firms and small business lenders access debt capital markets for the first time under the path-breaking collateral bond obligation (CBO) comprising multi-issuer pooled NCDs totaling to Rs 98 crores In keeping with its mission of providing access to debt capital for financial enterprises serving the financially-excluded communities, IFMR Capital, the Chennai based non-banking … Continue reading “IFMR Capital structures India’s 1st Collateral Bond Obligation in Financial Inclusion”

Annapura Microfinance raises Rs 30 Crore in Funding – News Digest

Annapurna Microfinance Pvt. Ltd (AMPL) on Wednesday said it raised Rs 30 crore from the Belgian Investment Company for Developing Countries (BIO) and Belgium-based Incofin Investment Management’s Rural Impulse Fund II, an existing investor. Read more on Livemint Bandhan Financial Services raises Rs 100 crore from in NCDs Microfinance company Bandhan Financial Services has raised … Continue reading “Annapura Microfinance raises Rs 30 Crore in Funding – News Digest”