Largest tier II NCD in Indian Microfinance history issued

 IFMR Capital, a Chennai-based Non-banking financial company (NBFC), has successfully executed the issuance of long term tier II NCD for Satin Creditcare Network Limited (SCNL).   INR 21 Crore was raised in the form of privately placed, unsecured, subordinated, rated, NCDs issued by Satin Creditcare for tenure of a little over 5 years. The NCDs were … Continue reading “Largest tier II NCD in Indian Microfinance history issued”

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”