SIDBI to Invest in MFIs in Eastern Region
SIDBI plans to invest in fresh equities of 5-6 micro-finance institutions in the under-served Eastern regions of India.
The bank is considering picking up stake in Asmitha microfinance, Village Financial Services and Sahara Uttarayan. It mayb also convert its loans to equity in atleast 6 MFIs. The investment size is unknown.
SIDBI offers transformation loans to MFIs and NGOs to help them upgrade into NBFCs.
In December 2009, it raised its stake in Bandhan from 1.31% to 12.23% for $10.7 mn. It also lent a loan of Rs 250cr Bandhan in September 2009 to help the MFI grow its lending portfolio and cover 5lakh additional borrowers.
SIDBI has identified around 50 MFIs in the region for offering loans. It has doubled its annual disbursement target for 2009-10 to Rs540cr from the actual Rs260cr in 2008-09. If the bank achieves its target, SIDBIs exposure to MFIs in the region would touch Rs700cr by March 2010.
| 1 Readers' Comments | Post a Comment >> |
KVEZAR VIEW
| Date | Transaction | Type | Buyer | Size ($mn) |
|---|---|---|---|---|
| 20/01/10 | Asmitha- SIDBI | Venture Capital | SIDBI Limited | - |
| 05/01/10 | Asmitha- Rabo India | Venture Capital | Rabo India Finance | 35.00 |
| 02/09/09 | Asmitha Microfin - BlueOrchard Private Equity Round 2 | Venture capital | BlueOrchard Private Equity Fund | 10.22 |
| 13/10/08 | Asmitha Microfin - BlueOrchard Private Equity Round 1 | Venture capital | BlueOrchard Private Equity Fund | 5.30 |
| Date | Type | Buyer | Target | Size ($mn) | State |
|---|---|---|---|---|---|
| 06/02/12 | Venture Capital | Unitus Seed Fund | Milaap Social Ventures | - | Announced |
| 01/02/12 | Private Equity | Sequoia Capital India | Ujjivan Financial Services Private Limited | 25.75 | Completed |
| 23/01/12 | M&A | Singhivi Investment and Finance Private Limited | Microfinance Business | - | Announced |
| 12/10/11 | Private Equity | Helion Venture Partners | Spandana Sphoorty Financial Limited | 1.37 | Completed |
Company |
||||
| Name | Promoters | Office | Competitor | Website |
|---|---|---|---|---|
| Asmitha Microfin Limited | Vidya Sravanthi | 1-2-58, Plot No.1-3, N Block, Kakatiya Nagar, Habsiguda |
Saija Finance Private Limited Asirvad Microfinance Private Limited Trident Microfin Private Limited ( Annapurna Financial Services Private Limited) |
www.asmithamicrofin.com |
| SIDBI Limited | ||||
| 1 | November 16, 2010 09:34 AM |
Office 2007
Larry Microsoft
Office 2007
Gellar Download
Office 2007
recounts Office
2007
Professional
several MS
Office 2007
powerful Office
2007 Key and
Office 2007
Download
disturbing
Office 2010
incidents
Office 2007
Enterprise. One
was the Office
2007 Ultimate
time Dr Nick
was forcing
Cheap Microsoft
Office 2007 a
Office 2007
sale near
Office
Professional
2007 comatose
Elvis head
first into
Microsoft
Office 2007
Professional a
bucket if ice
cold Microsoft
Office 2007
Ultimate water
in an attempt
to revive
Microsoft
Office 2007
Enterprise him
and all the
Colonel
Microsoft
Office 2010
could Download
Office 2010 say
MS Office 2010
on Office 2010
Pro observing
Office 2010 Key
the Office 2010
Download scene
Office
Professional
2010 was Office
2010
Professional
The only thing
important
Microsoft
Office 2010
Professional is
that man is on
stage Office
Professional
Plus 2010
tonight,
nothing else
matters
Microsoft
Office
Professional
Plus 2010. What
an Microsoft
Office 2010
Download
ambitious Buy
Office 2010
project Windows
7 going
Microsoft
Windows 7
through MS
Windows 7 the
Download
Windows 7
entire Buy
Windows 7 Bible
Win 7 in 24
hours Win7 Of
Windows 7 Home
Premium course
Windows 7
Professional,
our study will
Windows 7
Ultimate not
Win 7 OS
exhaust Windows
7 Operating
System the
Cheap Windows 7
inexhaustible
Discount
Windows 7. But
Win 7 OS we can
DVD boxset
learn Microsoft
Office 2010 the
Office 2010
Bible criminal
minds dvd
sufficiently to
navigate among
its many
charmed dvd
adventures lost
dvd and mash
dvd the monk
dvd many ncis
dvd it one tree
hill dvd
contains
seinfeld
dvd.star trek
dvd If sopranos
dvd is
successful, it
should ignite
in each star
trek dvd of
spooks dvd us
scrubs dvd a
sex and the
city dvd
passion six
feet under dvd,
perhaps an
obsession, that
will inflame
south park dvd
a supernatural
dvd lifetime
stargate
atlantis dvd of
adventure,
excitement,
insight
smallville dvd
and stargate
dvd
satisfaction
the 4400 dvd
not available
through any
other means.
But king of
queens dvd you
the hills dvd
are the office
dvd the
deciding factor
you are going
to determine
the the unit
dvd end the oc
dvd of the
shield the the
oz dvd story
the wild wild
west on the
precipice of
cosmic doom the
west wing dvd,
or the x files
dvd on the wire
dvd the true
blood dvd
threshold two
and a half men
dvd of
eternity. It
all ends in
weeds dvd a
will and grace
dvd wholly xena
dvd
unconvincing
fashion. - Posted by Microsoft Office 2010 |



| Jan 31, 2012... | Dell Set For India Acquisition: Hexaware, NIIT Potential Targets |
|
| Jan 31, 2012... | Flipkart Raises $150Mn From Accel Partners, Tiger Global |
|
| Feb 1, 2012... | Trishe Energy To Raise PE Funding For Wind Power Projects |
|
| Feb 6, 2012... | Unitus Seed Fund Invests In Bodhicrew Services, Hippocampus Learning, Milaap Social |
|
| Jan 31, 2012... | Radiowalla.in Raises Series A Funding From Ojas Venture Partners |
|


Editorial
India A Bright Spot For Otherwise Insolvent CalPERS
I heard that Calfornia Pension is going to default and I started wondering what could be India's contribution to that.















