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    Janalakshmi Financial Services

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    • Janalakshmi Financial Services raises Rs 1030 cr ahead of small finance bank launch

    • FIPB to consider 14 foreign investment proposals on June 10

    • Won't see many downgrades as expectations muted: iPru AMC

    • IBM sets up public data centre in Chennai

    • Accenture To Help Janalakshmi Financial Services Scale Up Operations

      Indian microfinance company to outsource core business processes and IT management to Accenture.

    • Videocon Ind unit withdraws application for bank licence

      Value Industries was among the 26 applicants for a new banking licence in the private sector, for which the Reserve Bank had invited applications by July 1 this year.

    • Janalakshmi Fin Services raises Rs 325cr; aims to cut debt

      In an attempt to aid its expanding loan portfolio, Janalakshmi Financial Services raised Rs 325 crore by selling its stake to different entities. By doing so, the company aims to aid its expanding loan portfolio, reports CNBC-TV18's Vineetha Athrey.

    • RBI relaxes NBFC-MFI rules: Positives and negatives

      The Reserve Bank of India has relaxed guidelines for all non-banking financial company-micro finance institutions (NBFC-MFIs). In an interview to CNBC-TV18, Ramesh Ramanathan, chairman of Janalakshmi Financial Services analyses the new guidelines.

    • MFIs to turn business correspondents for banks

      Microfinance companies may be looking at all potential business opportunities to tide over the crisis in the sector. “They are now exploring the possibility of acting as business correspondents for banks to achieve financial inclusion,” reports Gopika Gopakumar of CNBC-TV18.

    • Initial lending to MFIs may not be strong: Janalakshmi Fin

      Bangalore-based urban microlender Janalakshmi Financial Services raised Rs 65 crore from Citi Venture Capital International (CVCI which is based out of London. Ramesh Ramanathan, Chairman of the company, in an interview with CNBC-TV18’s Latha Venkatesh and Sonia Shenoy, spoke about the latest happenings in his company and the road ahead.

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