Small Finance Bank RGVN
Sector: Raw Materials • Location: India
Source: International Finance Corporation (IFC)
The proposed project envisages a debt investment in RGVN (NE) Microfinance Limited (“RGVN” or the “Company”) which is a MFI headquartered in Guwahati, Assam. RGVN has an asset under management (“AUM”) of INR6.1bn (US$89mn) across 6 north-eastern states and West Bengal has 133 branches and an outreach of 300,000 women clients. RGVN is focused mainly on the north eastern region of India. RGVN is on
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed project envisages a debt investment in RGVN (NE) Microfinance Limited (“RGVN” or the “Company”) which is a MFI headquartered in Guwahati, Assam. RGVN has an asset under management (“AUM”) of INR6.1bn (US$89mn) across 6 north-eastern states and West Bengal has 133 branches and an outreach of 300,000 women clients. RGVN is focused mainly on the north eastern region of India. RGVN is one of the 10 recipients of the Small Finance Bank License (“SFB”) awarded by the Reserve Bank of India in mid-September 2015.The proposed investment would provide long term liquidity support to RGVN while it starts building its retail savings base post transformation and would help it to continue its efforts towards financial inclusion. The proceeds of the loan would be utilized to extend microfinance and microenterprise loans in the northeastern states of India. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |