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Kinara Capital adds 15 new branches; reaches 125 branches across 100 plus cities in India to serve MSME Sector

Bangalore (Karnataka) [India], December 15 (ANI/NewsVoir): Kinara Capital, a fast-growing fintech driving MSME financial inclusion, today announced the launch of additional 15 new branches, that brings the company's total field presence to 125 branches serving MSMEs in 100+ cities across Andhra Pradesh, Gujarat, Karnataka, Maharashtra, Tamil Nadu, Telangana and UT Puducherry. The new branches will expand the company's customer service in Tier 2 urban areas. Kinara Capital aims to support 2,00,000 MSMEs in the next 3 years. The company on-boarded 800 employees this year, thereby increasing the workforce by 45 per cent and plans to hire 2,000 by FY25. Serving the MSME sector for over a decade, Kinara Capital is wholly dedicated to simplifying access to credit for small business entrepreneurs. With 90 per cent of Kinara's customers new to business credit, doorstep customer service in vernacular languages is a critical step towards educating many small business entrepreneurs on ....

Andhra Pradesh , Tamil Nadu , Bombay Stock Exchange , Kinara Capital , Chief Operating Officer , Kinara App , Working Capital , Asset Purchase , Bill Discounting , Systemically Important , Reserve Bank , Bangalore Karnataka India , Ecember 15 Ani Newsvoir Kinara Capital , A Fast Growing Fintech Driving Msme Financial Inclusion , Oday Announced The Launch Of Additional 15 New Branches , Hat Brings The Company 39s Total Field Presence To 125 Branches Serving Msmes In 100 Cities Across Andhra Pradesh , Tamil Nadu , Elangana And Ut Puducherry The New Branches Will Expand Company 39s Customer Service In Tier 2 Urban Areas Kinara Capital Aims To Support , 000 Msmes In The Next 3 Years Company On Boarded 800 Employees This Year , Hereby Increasing The Workforce By 45 Per Cent And Plans To Hire 2 , 000 By Fy25 Serving The Msme Sector For Overa Decade , Inara Capital Is Wholly Dedicated To Simplifying Access Credit For Small Business Entrepreneurs With 90 Per Cent Of Kinara 39s Customers New , Oorstep Customer Service In Vernacular Languages Isa Critical Step Towards Educating Many Small Business Entrepreneurs On How Loans Work And Helping Them With The Application Process Thirunavukkarasur Thirur , Chief Operating Officer Coo , Kinara Capital , Uot In Our Mission To Drive Vast Financial Inclusion ,

Star Housing Finance Limited Board Declares Record Date For Subdivision Of Shares (Split 1:2) And Bonus (1:1) For Shareholders

Mumbai (Maharashtra) [India], December 7 (ANI/PNN): Star Housing Finance Limited (Star HFL) (Scrip code: BOM: 539017), a rural focused HFC, has received the members' consent for a bonus issue at its shareholders' meeting held on December 6, 2022. The shareholders have also approved the proposal to split the company's shares. The board of directors of the company has fixed December 16, 2022, as the record date for the purpose of bonus issue and share split. The members of the company approved a bonus issue in the ratio of 1:1 i.e. One new bonus equity share for every one existing fully paid-up equity share and subdivision of the company's one equity share of the face value of Rs 10 each into two equity shares of the face value of Rs 5 each. Speaking on the occasion, Ashish Jain, MD of Star HFL said, "Star HFL board has declared Dec 16, 2022 as the record date for subdivision and bonus for shareholders. This action is consistent with our philosophy of creating sustai ....

Kalpesh Dave , Ashish Jain , Star Housing Finance Limited , Akme Star Housing Finance Company , Lending Institution , Systemically Important , Head Corporate Strategy , Housing Finance Limited , Primary Lending Institution , Pradhan Mantri Awas Yojana , Mumbai Maharashtra India , Ecember 7 Ani Pnn Star Housing Finance Limited Hfl Scrip Code Bom 539017 , A Rural Focused Hfc , As Received The Members 39 Consent Fora Bonus Issue At Its Shareholders Meeting Held On December 6 , 022 The Shareholders Have Also Approved Proposal To Split Company 39s Shares Board Of Directors Has Fixed December 16 , S The Record Date For Purpose Of Bonus Issue And Share Split Members Company Approveda In Ratio 1 Ie One New Equity Every Existing Fully Paid Up Subdivision 39s Face Value Rs 10 Each Into Two Shares 5 Speaking On Occasion , Ashish Jain , D Of Star Hfl Said , Uot Star Hfl Board Has Declared Dec 16 , 022 As The Record Date For Subdivision And Bonus Shareholders This Action Is Consistent With Our Philosophy Of Creating Sustainable Amp Long Term Value Stakeholders We Thank Who Have Reposed Trust In Company Management Team Star Hfl Looks Forward To Continue Its Growth Journey Becomea Systemically Important Hfc First Milestone Quot Kalpesh Dave , Ead Corporate Strategy Added , Uot We Have Created Office Network Covering 40 Districts In 5 Operational Geographies That Are Leading The Aum Build Up Our Growth Is Backed By Quality And Risk Framework Akin To Target Segment Of Ews Lig First Time Home Owners From Semi Urban Rural Areas Net Worth Has Crossed Rs 100 Crs Courtesy Three Successful Rounds Capital Raise Over Last 12 Months Liability Franchise Growing Hand Complement Company Looks Create Sustainable Rota For Its Shareholders Through Balance Sheet Corporate Action Split Bonus Amongst Series Initiatives Towards Value Creation Quot Star Housing Finance Limited Hfl , Ormerly Known As Akme Star Housing Finance Company , Sa Bse Listed Scrip Code Bom 539017 Rural Focused Housing Finance Company The Operates In Semi Urban Geographies To Provide Assistance First Time Ews Lig Home Buyers For Purchase Construction Of Low Cost Units Isa Professionally Managed Bya Team Experienced Experts Across Locations And Business Functions Star Hfl Is Registered Asa Primary Lending Institution Pli Under Pradhan Mantri Awas Yojana Pmay Headquartered Mumbai This Story Provided By Pnn Ani Will Not Be Responsible Any Way Content Article ,