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The funds raised from this issuance will be deployed by TruCap to facilitate growth capital access for small businesses in MSME hubs, with a particular emphasis on empowering nano lenders, fostering financial inclusion, and providing working capital to underserved enterprises.
TruCap Finance, an MSME focused non-banking finance company, has decided to take a clusterbased approach for increasing its gold loan business.
On Wednesday, 1811 stocks advanced, 1701 declined and 122 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.06, indicating a positive closing of stocks in broader markets.