Sanchetna Financial Services

Sanchetna Financial Services brings down interest rate from 15% to 12.5%

Posted on September 26th, 2010 in India Shares, Loan Products MFI, MFI's in India, Microfinance Interest Rates, Samridhi Loans, Sanchetna Financial Services

Sanchetna Financial ServicesAfter Bandhan and Ujjivan reduced their Interest rates, other smaller microfinance institutions have now began to follow suit. Sanchetna Financial Services a Lucknow based microfinance NBFC with operations in central Uttar Pradesh has announced that it will be bringing down the interest rates for its flagship loan product “Samridhi” from flat 15% (46 weeks) to [...]

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  1. Sanchetna Financial Services Newsletter – January 2010
  2. Sanchetna Financial Services Newsletter – Sanchetna – August 2009
  3. Sanchetna financial services ends financial year 2009-2010 on a high note

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Indian Microfinance: What holds back the Game Changers?

Posted on September 21st, 2010 in Apple Innovation, Articles about Micro Finance, India Shares, Lokesh Kumar Singh, Microfinance Articles, Microfinance Products, Sanchetna Financial Services

microfinance lokeshBy Lokesh Kumar Singh , Managing Partner - Sanchetna Financial Services Till the start of the 18th century, India constituted over 35% of the world trade. Today with over 400 million people coming under the BPL, India alone constitutes over 35% of the world’s poverty. Thanks to our colonial past which rendered the otherwise working classes [...]

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Corporate Governance in the Indian Microfinance Sector

Posted on September 15th, 2010 in Corporate Governance, India Shares, Lokesh Singh, Microfinance Articles, Microfinance Audit, Microfinance India, Ownership Microfinance, Sanchetna Financial Services

microfinance lokeshBy Lokesh Kumar Singh , Managing Partner - Sanchetna Financial Services Corporate governance has never been India Inc’s forte. Last year’s Satyam fiasco is a testimony to the plight of Indian businesses. The causes for such fiasco’s can be summarised in the points mentioned below. Ownership structure Role of independent directors Pricing of Products Audit reports Grants & [...]

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Sanchetna financial services ends financial year 2009-2010 on a high note

Posted on April 08th, 2010 in India Shares, MFI's in India, Microfinance Lucknow, Microfinance Newsletters, Nagendra Rawat, Sanchetna Financial Services, Sanchetna Microfinance, Sanchetna Newsletter

Sanchetna Micro FinanceSanchetna Financial Services Pvt Ltd a startup microfinance institution with headquarters in Lucknow,Uttar Pradesh has ended the financial year 2009-10 with outstanding loans of Rs 2.15 crore which is a 648 % jump over the previous year.
During this period, the company reached out to 3228 new families. The company now has a total of 3748 [...]

Related posts:

  1. Sanchetna Financial Services Newsletter – January 2010
  2. Sanchetna Financial Services Newsletter – Sanchetna – August 2009
  3. Sanchetna Financial Services – Newsletter September 2009
  4. Sanchetna Financial Services – Newsletter October 2009
  5. Sanchetna Financial Services Newsletter – December 2009
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