Shares of Centrum Capital soared 19 per cent to Rs 47.65 on the BSE in Wednesday’s intra-day trade after the Reserve Bank of India (RBI) issued a Small Finance Bank (SFB) license to the Centrum Group-BharatPe consortium. Incorporated as Unity SFB, the lender will start operations in some weeks with a Rs 1,500-crore loan book.
“The Reserve Bank of India (RBI) has today issued a Small Finance Bank (SFB) license to the consortium of Centrum Financial Services (Centrum), the established and profitable small business lending arm of the Centrum Group and Resilient Innovations Private Limited (BharatPe), one of India's
“The Reserve Bank of India (RBI) has today issued a Small Finance Bank (SFB) license to the consortium of Centrum Financial Services (Centrum), the established and profitable small business lending arm of the Centrum Group and Resilient Innovations Private Limited (BharatPe), one of India's