Arohan 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 2016ADB 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