Board of purple finance - Latest News Update, Information, Photos & Videos on Board of purple finance at Lokmat Times

The Board of Purple Finance met on April 05 and approved the merger of Purple Finance Ltd. with Canopy Finance Ltd subject to regulatory approvals. The Equity shares of Canopy Finance Ltd are listed on BSE Ltd. & Calcutta Stock Exchange Ltd.Post-merger the capital base of the merged entity will be ~ INR 30 Crs. Post completion of the listing formalities Purple Finance intends to raise capital to strengthen its capital base using shares as a currency for growth.Purple Finance a new age digital NBFC will be offering secured business loans ranging from INR 4 lacs - INR 10 lacs in the outskirts & tier II cities of Maharashtra, Gujarat & Orissa. Purple Finance with its superior technology platform aspires to simplify the existing processes in the mortgages segment and is confident of making a difference to the MSME borrowers with simplified funding options and timely loan disbursements.Purple Finance is all set to build a large institution with a vision to set up a Small Finance Bank in next ~ 4-5 years.This Story is provided by Purple Finance.will not be responsible in any way for the content of this article. (ANI/Purple Finance)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Mega Block

Maharashtra Lok Sabha Election

T20 World Cup 2024

Board Of Purple FinanceFOLLOW

Board of purple finance, Latest News

Business :Amitabh Chaturvedi-led Purple Finance Ltd announces merger with BSE listed Canopy Finance Ltd

The Board of Purple Finance met on April 05 and approved the merger of Purple Finance Ltd. with Canopy Finance Ltd subject to regulatory approvals. The Equity shares of Canopy Finance Ltd are listed on BSE Ltd. & Calcutta Stock Exchange Ltd. ...