Microfinance

IFMR Capital, Equitas in deal for micro lending

The two companies have signed a securitisation structure for lending and repayment of funds with principal amount of Rs15.7 crore

Mumbai: IFMR Capital, a Chennai-based non-banking finance company (NBFC), has entered into an agreement with Equitas Micro Finance India Pvt. Ltd for offering micro credit.

ifmr

The two companies said in a joint statement on Monday that they have signed a securitisation structure for lending and repayment of funds with principal amount of Rs15.7 crore.

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