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Board of DCB Bank approves acquisition of 5.95% stake in Kaabil Finance

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Capital Market
Last Updated : Feb 09 2022 | 3:50 PM IST

At meeting held on 09 February 2022

The Board of DCB Bank at its meeting held 09 February 2022 has granted its in-principle approval to the Bank to invest up to Rs 25 lakh to acquire 5.95% of post issued paid-up equity share capital of Kaabil Finance.

The NBFC is engaged in financing individuals for secured business loans and gold loans.

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First Published: Feb 09 2022 | 3:18 PM IST

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