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Northern Arc arranges Rs 220-crore debt for Asirvad from German fund

Wed Sep 16 , 2020
Funds will be disbursed to Asirvad in three stages of which euro 5 million has already been disbursed. Debt financier Northern Arc Capital on Monday announced that it has arranged an external commercial borrowing (ECB) worth nearly Rs 220 crore (25 million euro) for Asirvad Microfinance, an institution backed by […]