Northern Arc Capital raises $50 million from JICA


Northern Arc Capital raises $50 million from JICA

"The usage of proceeds will be towards promoting women entrepreneurship and employment, an important target area for the company,” Northern Arc managing director Kshama Fernandes said.

The lender's managing director and CEO Y S Chakravarti said July 2021 was better than June with disbursements crossing Rs 3,000 crore. Even the collection efficiency had touched closed to 100 per cent in July compared to 93 per cent in June.


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