Company watch: PE-backed Radiant Cash battles thinning margins, regulatory woes

By Ankit Agarwal

  • 16 Nov 2018
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Credit: Reuters

In April, the Reserve Bank of India notified norms for banks to employ cash management services companies. The norms added to the headaches of several such service providers as they operate in a fragmented sector and run on razor-thin margins. Ascent Capital-backed Radiant Cash Management Services Pvt. Ltd is one ......

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