Page 2 - Micro Banking News Today

Established in April 2016, the 100 percent owned subsidiary of the fertilizer cooperative IFFCO, IFFCO Bazar

Shares of RBL Bank crashed 23 per cent to hit a 52-week low of Rs 132.35 on the Bombay Stock Exchange (BSE) after the sudden exit of long-standing MD and CEO Vishwavir Ahuja, and the induction of RBI-appointed Yogesh Dayal as an additional director on the bank's board.

Established in April 2016, the 100 percent owned subsidiary of the fertilizer cooperative IFFCO, IFFCO Bazar has completed its five years in existence. It’s Chairman Dr U S Awasthi who is also the MD of IFFCO has congratulated the entire team of IFFCO Bazar. Talking to Indian Cooperative the IFFCO Bazar Managing Director Yogendra Kumar said, “There is no doubt that in the span of five years we have achieved a lot but we are making efforts to take the IFFCO Bazar to newer heights. We are get...

‘In Q4, we are looking at growing the business, but methodically’ Surabhi Mumbai | Updated on Nitin Chugh, Managing Director and CEO, Ujjivan Small Finance Bank   -  BusinessLine× ‘Credit demand has started returning as people get back to their livelihoods. Disbursement is even stronger in January. Demand is coming from across sectors’ The micro-finance sector is showing signs of improvement barring some lagging areas and customer sets. However, there is demand for credit, said Niti...