Wednesday, 1 November 2017
We inherit a profit positive microfin business: Jaspal Bindra, Centrum Group
The Jaspal Bindra -led Centrum Group is acquiring FirstRand Bank's (FRB's) microfinance business. In an interview with ET Now, Bindra says it will allow them to lend to customers between Rs 10,000 and Rs 1,00,000 ticket size and it is in their financial inclusion agenda to embark on MFI business.
You can read more here: We inherit a profit positive microfin business: Jaspal Bindra, Centrum Group
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Life insurers earn more in Oct selling lesser policies
The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...
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