Press Releases from Utkarsh Micro Finance Ltd (1 total)
Utkarsh Micro Finance raises Rs 395 crore of domestic equity
Varanasi based Utkarsh Micro Finance Ltd announced a `395 crore round of primary equity from 8 resident investors to comply with the Small Finance Bank guidelines of making the company resident owned and controlled.
Utkarsh Micro Finance is the only entity to receive the Small Finance Bank licence in the Hindi heartland of UP, Bihar, Jharkhand, Madhya Pradesh and Chhattisgarh. The company began its operations in September 2009 and within…
