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Kinara Capital Plans INR 800+ Crores Disbursements in FY24 Deepening its Commitment to MSME Growth in Telangana & Andhra Pradesh

Published: June 7, 2023

NewsVoir

Source: webindia123.com

Kinara Capital allocates Rs 400 crores in FY24 for HerVikas; Program of discounted business loans for women entrepreneurs

Published: April 29, 2023

Bangalore (Karnataka) [India], March 10 (ANI/NewsVoir): Kinara Capital, a fast-growing fintech driving financial inclusion of small business entrepreneurs, marks 4th year anniversary of its HerVikas program by allocating an additional Rs 400 crores disbursement in FY24 in discounted business loans for women entrepreneurs. The latest allocation brings the total commitment to date to Rs 700 crores solely dedicated to driving the financial inclusion of women entrepreneurs from the micro-small-medium enterprise (MSME) sector. Kinara Capital exceeded its previous disbursement goal of Rs 300 crores ...

Source: laosnews.net

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Andhra Pradesh Tamil Nadu Hardika Shah Bombay Stock Exchange Kinara Capital Incremental Income Generation New Jobs Food Products Gender Lens Investing Kinara App Systemically Important Reserve Bank Bangalore Karnataka India Arch 10 Ani Newsvoir Kinara Capital A Fast Growing Fintech Driving Financial Inclusion Of Small Business Entrepreneurs Arks 4th Year Anniversary Of Its Hervikas Program By Allocating An Additional Rs 400 Crores Disbursement In Fy24 Discounted Business Loans For Women Entrepreneurs The Latest Allocation Brings Total Commitment To Date 700 Solely Dedicated Driving Financial Inclusion From Micro Small Medium Enterprise Msme Sector Kinara Capital Exceeded Previous Goal 300 Fy20 23 Itha 38 Per Cent Higher Disbursement Of Rs 414 Crores Across 4 305 Hervikas Business Loans For Women Owned Msmes Hardika Shah Ounder Amp Ceo Of Kinara Capital Uot Hervikas Has Firmly Established The Importance And Viability Of Women Centric Financial Services In India With Approximately 100 Crores Disbursed Each Year E Are Now Doubling Down And Pledging Rs 400 Crores Disbursement In Fy24 Solely For Msme Women Entrepreneurs This Will Lead To Reaching 10 000 Hervikas Discounted Business Loans By Next Year Entrepreneurship Isa Powerful Way To Aim For Gender Parity The Financial Independence Of Women Immediately Gives Them Agency And Leads Betterment Families Communities Entrepreneurs Can Rapidly Drive Economic Social Change Are Critical India 39s Ambition Becominga Usd 5 Trillion Economy Quot Since Program Was Initiated In Fy20 He Impact Of The Hervikas Business Loans Has Led To Over Rs 125 Crores In Incremental Income Generation For Women Entrepreneurs And 32 680 Jobs Supported In Local Economies Of These 535 Are New Jobs Created With 20 Per Cent Of These Going To Women Workers And 61 The First Time Wage Earners About 70 From Msme Sub Sectors Food Products

SICOM swings back to profit in 18 months

Published: April 13, 2023

Mumbai, April 12: The State Industrial Investment Corporation of Maharashtra (SICOM) has scripted a remarkable comeback story with the key financial ratios of the company bouncing back to black along with an improvement in business while its stressed assets declined substantially leading to overall profitability. The company has achieved the comeback by successfully tackling bad loans, which once blotted its books, along with overall cost reduction practices and strict financial control and liquidity management.

Source: newkerala.com

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Nitinb Jawale Industrial Investment Corporation Of Maharashtra Supreme Industries Bajaj Auto State Industrial Investment Corporation Managing Director Capital To Risk Weighted Assets Capital Adequacy Ratio Leverage Ratio State Public Sector Units Reserve Bank Prompt Corrective Action Systemically Important Future Group Lupin Laboratories Jindal Iron State Public Sector Undertakings Sicom Swings Back To Profit In 18 Months

SICOM swings back to profit in 18 months

Published: April 12, 2023

Mumbai (Maharashtra) [India], April 12 (ANI/PRNewswire): The State Industrial Investment Corporation of Maharashtra (SICOM) has scripted a remarkable comeback story with the key financial ratios of the company bouncing back to black along with an improvement in business while its stressed assets declined substantially leading to overall profitability

Source: webindia123.com

Related Topics:

Nitinb Jawale Bajaj Auto Supreme Industries Industrial Investment Corporation Of Maharashtra State Industrial Investment Corporation Managing Director Capital To Risk Weighted Assets Capital Adequacy Ratio Leverage Ratio State Public Sector Units Reserve Bank Prompt Corrective Action Systemically Important Future Group Lupin Laboratories Jindal Iron State Public Sector Undertakings Ews India

Credit Suisse chiefs say sorry to angry shareholders

Published: April 5, 2023

ZURICH - Credit Suisse chairman Axel Lehmann said Tuesday he was "truly sorry" that the beleaguered bank could not be saved as he faced angry and tearful shareholders whose money has gone up in smoke.

Source: bangkokpost.com

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Ulrich Koerner Vincent Kaufmann Stephan Denzler Florian Guenzel Axel Lehmann Credit Suisse Albert Keel Systemically Important Criminal Suisse

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