Asirvad MFI appoints Satish Nair as President and CEO

Jun 07, 2024

Kochi (Kerala) [India], June 7: Asirvad Micro Finance Limited ('Asirvad'), a subsidiary of Manappuram Finance Limited (MAFIL) (BSE: 531213) (NSE: MANAPPURAM), has appointed Satish...

NBFC-MFI sector may see more restructuring of portfolio: Crisil

Jun 12, 2021

Mumbai (Maharashtra) [India], June 12 : A hit to collection efficiency of non-banking finance companies and microfinance institutions (NBFCs-MFIs) owing to protracted Covid-19 curbs...

MFI Spandana Sphoorty to buy Criss Financial for Rs 50 cr

Mar 11, 2021

Hyderabad (Telangana) [India], March 11 : Micro-finance institution Spandana Sphoorty Financial Ltd on Thursday approved an investment of Rs 50 crore in equity share...

Microfinance sector to remain in distress in FY 25 - Motilal Oswal

Oct 21, 2024

The microfinance sector (MFI) is expected to remain under distress for the entire current financial year, according to a recent report by Motilal Oswal.

Arohan selects Scienaptic's AI-Powered Platform to strengthen Its AI Innovation

Oct 03, 2022

Kolkata (West Bengal) [India], October 3 (ANI/PNN): Leading global AI-powered credit decisioning platform provider Scienaptic AI announced today that Arohan Financial Services Limited, India's...

Dia Vikas Capital, a subsidiary of Opportunity International Australia makes its exit from SATYA MicroCapital

Oct 28, 2022

New Delhi [India], October 28 (ANI/NewsVoir): Dia Vikas Capital Pvt. Ltd., the India based subsidiary of Opportunity International Australia Limited has exited from the...