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RGVN North East Microfinance lines up new investors

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RGVN North East Microfinance lines up new investors
Indian Coins Stack in form of bar graph with Indian Rupees | Credit: Thinkstock

RGVN (North East) Microfinance Ltd has raised capital from domestic investors to meet the central bank’s norms essential for the company to transition to a small finance bank, two people close to the development said.The microlender was one of 10 applicants that got the Reserve Bank of India’s in-principle approval ......

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