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flag Indian regulators approve merger of two firms to create Svatantra Microfin, boosting microfinance services.

flag The Competition Commission of India has approved the merger of Chaitanya India Fin Credit and Svatantra Holdings into Svatantra Microfin, a microfinance firm. flag This consolidation aims to enhance financial services for low-income individuals, streamline operations, and set a precedent for further industry mergers in India. flag Post-merger, Svatantra Micro Housing Finance will become a wholly-owned subsidiary of Svatantra Microfin.

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