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.