by Renata Samadova -

MICROCAPITAL BRIEF: Svatantra of India Paying Navi Group $179m for Microfinance Subsidiary Chaitanya

Svatantra Microfin Private Limited, an Indian non-banking financial company-microfinance institution (NBFC-MFI) recently agreed to pay INR 15 billion (USD 179 million) to India-based Navi Group in exchange for its fully-owned subsidiary Chaitanya. Navi was advised on the deal by

by Anesa Kratovac -

MICROCAPITAL BRIEF: BRAC, LOLC Micro Investments Buy 90% of Shares of Sri Lanka’s Nanda Investments and Finance, Plan its Downscaling to Microfinance

BRAC, an NGO that was formally known as the Bangladesh Rehabilitation Assistance Committee and serves eleven countries as of 2013, has bought 56.6 percent of the shares of Nanda Investments and Finance Public Limited Company, a Sri Lankan finance company specializing in deposits, loans, leasing and installment-based purchases [1].