BANKING & FINANCE
Cholamandalam Investment To Get ₹1,425-Cr IFC Fund For CV Financing
The International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, has proposed an investment of up to ₹1,425 crore (around $150 million) in securitised assets of Cholamandalam Investment and Finance Company Ltd (Chola) to expand credit access for micro, small and medium enterprises (MSMEs), particularly in rural and semi-urban India. […]
CW Bureau
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Jul 21, 2026
BANKING & FINANCE
Shriram Finance Eyes Rural Push, Set To Bolster Green Financing Portfolio
Shriram Finance Ltd, one of the largest NBFCs in India, will continue to expand its physical and digital presence across rural and semi-urban India, while accelerating investments in green mobility financing and digital transformation, according to Chairman Jugal Kishore Mohapatra. In his message to shareholders in the company’s Annual Report 2025-26, Mohapatra said Shriram Finance […]
CW Bureau
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Jun 17, 2026
BANKING & FINANCE
CreditAccess Grameen Names Devika Praveen As Chief Compliance Officer
CreditAccess Grameen Ltd., a rural-focused inclusive financing platform, has appointed Devika Praveen as its Chief Compliance Officer (CCO). Devika brings nearly three decades of experience in banking and financial services, with expertise in regulatory compliance, governance, anti-money laundering (AML), regulatory supervision, policy management, compliance testing and Board-level oversight. Extensive experience Prior to joining CreditAccess Grameen, […]
CW Bureau
·
Jun 11, 2026
