MoneyWorks4Me

Spandana Sphoorty Financial gets nod to invest upto Rs 50 crore in CFHL

12 Mar 2021 Evaluate

Spandana Sphoorty Financial has received approval for investment of upto Rs 50 crore in the equity share capital of Criss Financial Holdings (CFHL), a Subsidiary of the Company in one or more tranches. The objective of investment is business expansion of the subsidiary company. 

Spandana Sphoorty Financial is a leading, rural focused NBFC-MFI with a geographically diversified presence in India.

Peers