Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Kotak Mahindra Bank's subsidiaries Sonata Finance and BSS Microfinance plan to merge.

flag Kotak Mahindra Bank's subsidiaries Sonata Finance and BSS Microfinance have approved a merger plan. flag The merger, subject to shareholder, creditor, and regulatory approval, involves Sonata Finance merging with BSS Microfinance. flag Both companies provide microfinance, unsecured small-ticket loans, and small-value secured loans to women borrowers and individuals on behalf of Kotak Mahindra Bank. flag The combined net worth of Sonata and BSS is less than 2% of Kotak Mahindra Bank's net worth.

3 Articles