Bandhan raises Rs. 500 million of equity capital from Small Industries Development Bank of India (SIDBI) Bandhan Financial Services Private Limited (Bandhan), a pan-India microfinance institution headquartered in Kolkata, is pleased to announce the successful completion of its first major round of equity infusion of INR 500,000,000 (Rupees five hundred million – US$ 10.7mn approx),… Read more >
Tag: Bandhan
Unitus Partners Shine in New Microfinance Rankings
February 1, 2008 – Unitus Labs, Update
Unitus is proud to congratulate its partners Bandhan, Grameen Koota, and SKS for ranking among Forbes Magazine’s top 50 microfinance institutions in December. Forbes Magazine’s first-ever list of the “World’s Top 50 Microfinance Institutions” surveyed and ranked a field of 641 micro-credit providers according to scale, efficiency, portfolio risk, and profitability. Using this rating system, Bandhan ranked… Read more >