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Bandhan Bank: EY to audit 51 lakh microfinance accounts of Bandhan Bank

Bandhan Bank managing director Chandra Shekhar Ghosh has denied about any irregularity in those accounts and evergreening of loans. "The audit issue is taking time to resolve because it involves a humungous 51 lakh borrower accounts. Stakeholders should not worry about it," Ghosh told ET in an interview. These loans are backed by two separate government guarantee schemes.

Bank Muamalat, SJPP signs agreement to enable SMEs, MSCs access to financing | Money

KUALA LUMPUR, Dec 8 Bank Muamalat Malaysia Bhd and Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) has signed an agreement to enable Malaysian small and medium enterprises (SMEs) and mid-sized companies (MSCs) to access financing. In a joint statement today, they said under the agreement,.

Lighthouse Finance branches into India, new species focus with founding of Lighthouse Seafood Advisors

Lighthouse Finance branches into India, new species focus with founding of Lighthouse Seafood Advisors By Share Lighthouse Finance has formed a subsidiary to further its business in South and Southeast Asia, and to diversify its focus beyond salmon. Lighthouse Seafood Advisors LLP will be led by Rahul Kulkarni, the founding partner of Blue Green Initiatives and an aquaculture industry veteran with more than two decades of C-level experience across the value chain, last being as a board member of Nutreco/Skretting Feed joint venture company in India. In an interview with SeafoodSource, Kulkarni and Lighthouse Finance Partner & CEO Roy Høiås discussed their new initiative and its short- and long-term goals.

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