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India is experiencing a profound transformation, with its financial sector playing a pivotal role in driving this remarkable growth. At the heart of this evolution, GMO MEDIA stands as a key enabler, crafting compelling communication strategies for the nation's premier Banking and Fintech organizations, empowering them to elevate their brand narratives. Among the many distinguished partnerships we are proud to cultivate, Muthoot Microfin shines as a beacon of excellence. Under the astute and visionary leadership of Sadaf Sayeed, the CEO of Muthoot Microfin, the organization has not only emerged as a transformative force within the microfinance landscape but has also inspired us to reach new creative heights. Our journey of collaboration with Muthoot Microfin has been nothing short of extraordinary. The privilege of working alongside such a pioneering institution has allowed us to create content that not only resonates with their vision but also amplifies their profound impact on society. With utmost gratitude, we extend our heartfelt thanks to Sadaf Sayeed and the entire Muthoot Microfin team for the confidence they have placed in us. Their faith has been the cornerstone of this enduring partnership, and we look forward to continuing this remarkable journey of storytelling, driven by a shared vision of progress and empowerment. #VisionaryLeadership #EmpoweringCommunities #InnovativePartnerships #MuthootMicrofin #SadafSayeed #TransformingLives #FinancialEmpowerment #CollaborativeSuccess #ImpactfulStorytelling #GMOMedia

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🚀 Dvara KGFS Raises $10 Million in Debt Funding from BlueOrchard Microfinance Fund!!!! 🚀 Dvara Kshetriya Gramin Financial Services (Dvara KGFS), a leading financial services provider focused on rural India, has successfully secured $10 million in debt funding from the BlueOrchard Microfinance Fund, a prominent global impact investor. This funding was obtained through the issuance of listed non-convertible foreign currency bonds via the External Commercial Borrowings (ECB) route, and these bonds are now listed on the India International Exchange in GIFT City, Gujarat. L V L N Murty, Managing Director & CEO of Dvara KGFS, shared the company’s growth plans: “We aim to grow by 40% in the current financial year, and exploring various avenues for raising liquidity is crucial to ensuring a well-diversified resource profile. Partnering with like-minded foreign funds in the impact space will be key to expanding our reach and empowering more underserved communities with access to critical financial services.” This strategic initiative not only strengthens Dvara KGFS’s financial stability but also enhances its presence in the international debt market, offering sustainable access to lower-cost debt. Shilpa Bhatter, CFO of Dvara KGFS, emphasized the importance of this development: “Listing our debt on the India International Exchange increases our visibility in the rapidly evolving international debt market, securing sustainable access to lower-cost debt and enabling us to maximize our impact on rural communities.” Earlier this month, SME lending platform Lendingkart also raised $10 million via external commercial borrowing from a BlueOrchard fund listed on the India International Exchange, highlighting a growing trend among Indian financial services firms leveraging international markets for funding. Last year, Dvara KGFS raised $14.4 million through listed non-convertible debentures (NCDs) from the Singapore-based Impact Investment Exchange. This continuous flow of investments demonstrates the confidence global investors have in Dvara KGFS’s mission and operational model. Dvara KGFS operates over 400 branches across 110 districts in 10 states, serving more than 2.41 million customers in rural India through an omni-channel approach. The company’s dedication to providing essential financial services to underserved communities is evident through its strategic growth and partnerships. #DvaraKGFS #BlueOrchard #Funding #FundingAlert #FundraiserAlert #DebtFunding #ImpactInvesting #FinancialInclusion #RuralIndia #Microfinance #ECB #SustainableFinance #GlobalInvestors #FinancialServices #Empowerment #CommunityDevelopment #OmniChannel #AllBoutCorps

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#MCExclusive | 🚨 In a second attempt to knock on the Reserve Bank of India's (RBI) doors for permission to enter the small-ticket loans business, the Payments Council of India, along with payments banks, is likely to make a representation to the RBI on this matter. Read for more information ⬇️ #Paytm #RBI | Hamsini Karthik

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An engaging story by Aathira Varier for Business Standard covers Chief Economic Advisor V Anantha Nageswaran stressing the need for banks to learn from past financial downturns and extend the duration between NPA cycles. IBAI VP Narendra Kumar Bharindwal highlights the widespread issue of misselling in the insurance sector and ongoing efforts to address it. #FinancialStability #BankingReform #InsuranceEthics #SustainableGrowth #NPACycles #EconomicSurvey #MissellingSolutions #ConsumerProtection #FinancialLiteracy #RiskManagement #BankingIndustry #InsuranceSector #EconomicAdvisor #BusinessStandard #FinancialNews https://lnkd.in/gsuiah-b

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