Symbiotics Launches INR 1,260 Million Bond To Finance Indian C&I Solar Developer Fourth Partner Energy Limited
Symbiotics has arranged its first bond, the proceeds of which are solely used to finance renewable energy projects.
Microinsurance Cover Needed for India's Poor to Prevent COVID-19 Economic Debacle
The events that have unfolded have brought to the fore the need to provide some sort of a social security net for millions of toiling masses.
In a First for India’s Fintech Ecosystem, Kaleidofin Announces Its Board Is Majority Women Led
Its seven-member board now comprises four women board members including Geeta Goel, Michael & Susan Dell Foundation, Suvalakshmi Chakraborti, Founder Finreach, Treasa Mathew, Omidyar Network, and Sucharita Mukherjee, Co-founder, Kaleidofin.
ADB and HSBC India Establish $ 100 M Guarantee Plan for Microcredit
The program will help women running small businesses and microfinance institutions lending after the pandemic.
IFC Makes Debt Investment in Microfinance Entity CreditAccess Grameen
The proceeds will be used towards expanding the company’s portfolio to female borrowers for income generation purposes, specifically in the low-income or rural areas of India.
Symbiotics Opens New Offices in Armenia and India
This new office in Yerevan, Armenia aims to strengthen Symbiotics' long-standing presence in the region and further support its growth.
Cost Rises for Micro Borrowers as RBI Deregulates Lending Rates
Certain lenders have revised their lending rates upward by as much as 400 basis points as they apply risk-based pricing to arrest the asset quality degradation and the loss they suffered in the last three years.
COVID-19: Indian Oil Customers Can Now Use Paytm to Pay for LPG Cylinders and at Petrol Pumps
Paytm, India’s largest digital payments and financial services company has entered into a strategic partnership with Indian Oil Corporation Limited to enable digital transactions across its fueling stations as well as LPG cylinder delivery ecosystem.