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VERIFIEDET Finance·neutral
Shivalik Small Finance Bank completes merger with ManiBhavnam Home Finance
AI Summary
- ·Shivalik Small Finance Bank has acquired ManiBhavnam Home Finance India Pvt for approximately 109 crore rupees.
- ·The acquisition establishes Shivalik's presence in the affordable housing finance market.
- ·ManiBhavnam contributes a loan book valued at 320 crore rupees to Shivalik.