Arman Financial Services’ wholly owned subsidiary -- Namra Finance has successfully concluded a Refinance Assistance of Rs 35 crore from National Bank for Agriculture and Rural Development (NABARD). It has also entered into a General Refinance Agreement (GRA) with NABARD which paves the way for similar transactions in the future as well.
Namra has been able to increase the microfinance business substantially despite a major setback in the industry after demonetization.
Arman Financial Services, a leading Gujarat based nonbanking financial company (NBFC), with interests in microfinance, two wheelers and MSME loans.
Company Name | CMP |
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Bajaj Finance | 6748.25 |
Shriram Finance | 2375.35 |
Aditya Birla Capital | 225.25 |
SBI Cards AndPayment | 710.00 |
Chola Invest & Fin. | 1296.20 |
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