Disha Microfin, Future Financial to merge before starting bank

Industry:    2016-01-02

MUMBAI: Disha Microfin and Future Financial Services, which are part of the Fincare group and have a common shareholder in India Value Fund, will merge, expecting the combination to help them launch a stronger small finance bank. Disha is one of the 10 companies that have received licences to set up small finance banks. These entities have 18 months to comply with the rules and start operations. “We are looking to merge the two entities that will create a loan book of Rs 1, .. Read more at: http://economictimes.indiatimes.com/articleshow/50318169.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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