Breaking News

You are here » Indian-Commodity  :  Corporate  :  Arman reduces interest rates for microfinance, two wheeler loans

01-Oct2016

Arman reduces interest rates for microfinance, two wheeler loans

Arman Financial Services (Arman), a leading Gujarat based non-banking financial company (NBFC), with interests in microfinance and two wheelers loans has reduced interest rate between 110 and 150 bps with effect from October 1, 2016. Interest rates for its microfinance products (managed through its wholly owned subsidiary Namra Finance) will be reduced by 1.10%, while the interest rates for its Two-Wheeler Loan products will be reduced by 1.50%.

Arman Financial Services is a category 'A' non-banking finance company. The main objects of the company consist of providing a wide spectrum of financial services both Fund based and Non Fund Based activities.


Related News

View all news

HOCL to sell 8.08 acres of Panvel land via e-auction

Hindustan Organic Chemicals (HOCL) has received approval to sell Panvel land of around 8.08 acres through e-auction. The Board of Directors of the Company at its meeting held on February 13, 2019......

Pritish Nandy Communications launches streaming of movies on Netflix

Pritish Nandy Communications has launched the streaming of some of its most popular movies like Chameli and Pyar Ke Side Effects, Ugly aur Pagli, Fatso! And Sur on Netflix. The company's movies are currently......

TRF to raise Rs 250 crore via NCRPS

TRF has received approval for issuance of Non-Convertible Redeemable Preference Shares (NCRPS) to Tata Steel, on a private placement basis for an amount not exceeding to Rs 250 crore. The Board of Directors......

Top News

View all news

V-Mart Retail, KPI Global Infrastructure and PNC Infratech to see some action today

V-Mart Retail has opened a new store in the state of Bihar. With this total number of stores remains to 201 Stores in 163 cities across 16 states and total the tally of stores in Bihar to 40.KPI......

V-Mart Retail opens new store in Bihar

V-Mart Retail has opened a new store in the state of Bihar. With this total number of stores remains to 201 Stores in 163 cities across 16 states and total the tally of stores in Bihar to 40.V-Mart Retail......

KPI Global Infrastructure bags 213.75KW solar power project

KPI Global Infrastructure has bagged an order for executing 213.75KW solar power project under 'Captive Power Producer (CPP)' category from Govindam Knit Fab, Surat for which the Letter of Intent (LoI)......