Danish company Maj Invest has bought 18% equity in SAVE Solutions, an Indian financial inclusion company, for Rs 120 crore, reflecting investor confidence in the sector’s potential even amid Covid-19.SAVE Solutions is a business correspondent for State Bank of India, Bank of India and Bank of Baroda and intends to use this capital to expand its direct lending through subsidiaries SAVE Microfinance and SAVE Financial Services, group chief financial officer Gourav
Danish company Maj Invest buys 18% equity in SAVE Solutions for Rs 120 crore
Date posted: Monday 27 July 2020