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Odisha police arrests woman MD in connection with Rs 100 Cr fraud case

The Economic Offences Wing (EOW) of Odisha police has arrested a woman for her alleged involvement in misappropriation of Rs 100 crore loan taken from various financial institutions, officials said here on Monday.The accused person is Amrita ...

Orissa , India , Bhubaneswar , Hyderabad , Andhra-pradesh , Odisha , Singapore , Deepak-kindo , Dipak-kindo , Small-industries-development-bank , Economic-offences-wing , Amrita-kindo

microfinance: Northern Arc raises $50 mn from American development bank to scale up lending to microfinance firms

Microfinance lenders, especially the smaller ones, are facing difficulty in raising resources from banks, which have turned ultra-cautious after the Sambandh Finserve fraud where the promoter has allegedly diverted money into his family-owned entities.

United-states , India , America , Sambandh-finserve , Kshama-fernandes , Us-international-development-finance-corporation , Northern-arc , Development-finance-corporation , Micro-finance , Agriculture- , Non-banking , Value-chain

Janakalyan Financial aims to grow loan book by 50% in FY22 - The Hindu BusinessLine

Janakalyan Financial aims to grow loan book by 50% in FY22 - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Tripura , India , Odisha , Orissa , Bihar , Sambandh-finserve , Alok-biswas , Shobha-roy , Janakalyan-financial-services , Venture-capital , Sun-tech-city-private-ltd , Financial-services