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Dhanvarsha Finvest enters into term loan facility agreement of Rs 25 crore

30 Apr 2020 Evaluate
Dhanvarsha Finvest has entered into a term loan facility agreement of Rs 25 crore with a Public Sector Bank on April 29, 2020. The company has also completed execution of documents aimed at creating securities in favour of the Public Sector Bank as per the terms and conditions contained in the Sanction letter dated March 20, 2020.

Dhanvarsha Finvest was formed with a clear foresight to accelerate the dream of achieving more broad based financial inclusion in India. The company aims to attain this objective by providing sustained, customized and affordable financing solutions to the Micro, Small & Medium Enterprises (MSME) and Low to Middle Income (LMI) groups.
Peers
Company Name CMP
Power Finance Corpn. 338.70
REC 311.80
NHIT 171.00
Satin Creditcare Net 237.25
IFCI 73.94
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