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Ascent Unstoppable – Arohan Financial Services profiled in Business India

Arohan Financial Services Limited has been featured in Business India Magazine’s May 17th edition in a story titled ‘Ascent Unstoppable’. “Arohan looks to break own records, as the country’s financial inclusion story unfolds with rapid speed,” quotes the article. The story presents the Indian Financial Inclusion landscape and how today, Arohan, promoted by the Aavishkaar Group, has emerged as the largest NBFC-MFI in Eastern India and the fifth largest NBFC-MFI in India based on GLP, according to CRISIL. “Arohan has mastered a seasoned business model incorporating well-developed approval processes and controls and the implementation of risk management frameworks,” quotes the article. Quoting our Managing Director, Mr. Manoj Nambiar in the article, “We see a huge opportunity as 11 of the 14 low-income states in India have micro-finance penetration of less than 30 percent, and therefore, these states have a huge gap in credit demand and supply.” To read the full article, click HERE.

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