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Tag Archives: MSME

Andhra Bank launches mobile banking app ‘ABTEJ’

Andhra Bank has launched a mobile app ‘ABTEJ (phase I)’ for its customers. With this mobile banking app, the customers can register and activate their mobile banking facility instantly in a more secure way and with improvised user experience. Using this app, customers can do transactions on 24*7 basis, can ... Read More »

Capital First raises Rs 290 crore via issue of NCDs

Capital First has raised Rs 290 crore by issue of Non-Convertible Debentures (NCDs) on private placement basis. The Debenture Committee vide Resolution passed by Circulation on May 03, 2017 has approved allotment of 2900 NCDs having Face Value of Rs 10,00,000 each. Capital First is an MSME and consumer financing ... Read More »

Capital First enters into agreement with Sienna

Capital First has entered into an investment agreement on April 26, 2017 with Sienna Systems Resources and the Promoter of Sienna (collectively Sienna) to acquire Equity Shares comprising around 8% of the Share Capital of Sienna and Equity Share Warrants comprising around 2% of the Share Capital of the Sienna. ... Read More »