With the fundraise, Arohan plans to diversify its product offerings to cater to the needs of an entire familyArohan plans to complete the fundraise in the next few months, and is in discussions with sovereign wealth funds
3 min read12 Sep 2019Arohan Financial will use the funding from promoters Aavishkaar-Intellicap and others to strengthen its capital adequacy ratio to expand in the 10 low-income states it is currently present in, says MD Manoj Kumar Nambiar
2 min read10 Sep 2018Arohan proposes to work as a business correspondent for Paytm, which is in the process of converting to a payments bank
2 min read18 Jan 2017Bandhan Bank stops disbursing new loans following withdrawal of Rs500 and Rs1000 notes and the resultant cash crunch in the country
2 min read16 Nov 2016Firm has bought a significant minority stake in Guwahati-based Arohan Foods, the country’s first pork integrator
3 min read17 Apr 2013Deal marks first major acquisition in microfinance sector since industry was hit by a crisis in late 2010
3 min read14 Sep 2012ADB plans to set up $250 mn guarantee fund for microfinance
4 min read9 Feb 2011The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared