News & Updates

Mar 2010

The Hindu Business Line : Temasek to invest Rs 175 cr in Spandana … “Temasek will pick up a little less than 10 per cent stake in Spandana with this investment. The deal is going to be formalised in the next ...

May 2010

Padmaja Reddy on Young TurksTransformers, CNBC [Download Video]
Padmaja Reddy, Founder and MD of MFI Spandana Sphoorthy Financial Services, India

June 2010

Govt plans to bring Bill in LS soon With the growing importance of microfinance, the Government is planning to reintroduce the Micro Financial Sector (Development and Regulation Bill) in the current session of the Lok Sabha.

June 2010

To Provide Funding to Microfinance Institutions (MFIs) To step up lending to microfinance institutions, the Small Industries Development Bank of India (SIDBI) has tied up funds amounting to $300 million from the World Bank