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Utkarsh Small Finance Bank's IPO will test investor interest in microfinance

Utkarsh Small Finance Bank Ltd is offering its equity to investors at Rs 23-25 per share and is targeting to raise Rs 500 crore through the IPO. ....

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jm financial: Sectoral dynamics to help microfinance scrips: 5 stocks with up to 26% upside potential

An improvement in economic activity, rising credit demand, diversification of loan mix and attractive valuations are likely to drive the performance of microfinance institutions. ....

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CreditAccess to sell ₹1.1k cr stake in MFI

CreditAccess India BV, promoter of CreditAccess Grameen, will sell up to 5.8% stake in the microfinance institution in a block deal worth around ?1,100 crore. ....

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