Arman Financial Services has received approval to raise funds aggregating upto Rs 27.50 crore through issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The meeting of the Board of Directors of the company held on September 13, 2018, approved the same.
Arman Financial Services, a leading Gujarat based nonbanking financial company (NBFC), with interests in microfinance, two wheelers and MSME loans.