SIDBI

SIDBI initiates Microfinance Lenders forum to promote responsible microfinance

Posted on October 19th, 2010 in Bankers Forum India, Business Lessons, India Shares, Lenders Forum, MFIN, Microfinance India, Microfinance Lenders India, Microfinance Sector India, NBFC-MFI, SIDBI, The Lenders’ Forum

SIDBI_1Major microfinance lenders of India have come together to set up a Lenders’ Forum to promote transparent, responsible and commercially sustainable industry practices and codes of conduct so as to better safeguard the interests of the poor and the unbanked who form their client base. The Lenders’ Forum – possibly the first such initiative globally [...]

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Bandhan Microfinance to begin lending to smaller MFI’s

Posted on October 17th, 2010 in Bandhan MFI, Bandhan Microfinance, Bank Loan for Microfinance, How to get microfinance loan, India Shares, Lending Rates of MFI, Loans to MFI, MFI's in India, Microfinance East India, Re-lending, risk premium funds, SIDBI, Small MFI Companies

Bandhan MicrofinanceHaving received a generous credit line to the tune of Rs 350 crore from SIDBI, Bandhan Microfinance now plans to re-lend a part of this amount to smaller MFI’s in the region. Bandhan chairman and MD Chandra Shekhar Ghosh feels this move will help the smaller microfinance companies to survive in the competitive sector of [...]

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SIDBI gets Rs 265 crore from DFID for capacity building of Microfinance Institutions

Posted on August 08th, 2010 in Access Development Services, Department for International Development, India Shares, ITC, Microfinance India, microfinance institutions in india, Nabard, SIDBI, UK Microfinance

sidbi dfid microfinance fundThe Small Industries Development Bank of India (SIDBI) has received a fresh £36 million commitment from UK’s Department for International Development (DFID) to kick off an inclusive growth projects in four states of India. Developmental organistions and microfinance institutions in Bihar,Orissa. Uttar Pradesh and Madhya Pradesh are expected to benefit from this fund. At the [...]

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SKS Microfinance IPO price band could be between Rs 650-Rs 700

Posted on July 20th, 2010 in Elevar Equity, Hedge Fund, India Shares, Microfinance India, Price Band, Share price of SKS, SIDBI, SKS Investors, SKS Microfinance, SKS Microfinance Investors, Sks Microfinance IPO, SKS Microfinance Valuation, Sun Microsystems, Tree Line Asia, Unitus, Vinod Khosla

sks microfinance ipo dateMarket analysts expect SKS Microfinance to set a price band of Rs 650 – Rs 700 for it’s IPO.This would make SKS Microfinance’s valuation touch US$1 billion With a price band of Rs 650-700 a share, SKS Microfinance could be looking to raise around Rs 1,500 crore through its initial public offering. SKS Microfinance is [...]

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