Repco Micro Finance Ltd, a non-banking finance company promoted by Repco Bank, received Nabard 2018 award for its service to self-help group (SHG) linkage in Tamil Nadu for the fiscal year 2017-18.
Since its inception, the NBFC has disbursed loans amounting to Rs2,500 crore to over 10 lakh beneficiaries through 50,000 SHGs.
Source- The Hindu Business Line
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- R.S. Isabella is the Managing Director of Repco Micro Finance Ltd.
- It headquarters in Chennai, Tamil Nadu.
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