Fusion Micro Finance makes muted debut; lists at 2% discount
The ₹1,104 crore IPO of Fusion Micro Finance was subscribed 2.95 times; the issue had a price band of ₹350-₹368 per share
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November 2022
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Fusion Micro Finance’s ₹1,100 cr IPO opens today; should you subscribe
Ahead of the IPO, Fusion Micro Finance has raised around ₹331 crore from 17 anchor investors by allotting 89,99,943 equity shares at the upper end of issue price at ₹368 apiece
RBI announces steps to fight second wave of Covid-19
The central bank unveils liquidity facility of ₹50,000 crore for access to emergency health services, and ₹10,000 crore for small finance banks’ on-lending, among a slew of measures to fight Covid-19.
How MFIs can balance profits with social good
Right policy measures and strategic tie-ups with banks hold the key.
