Wed, May 15, 2024
Aarambha Microfinance (AMFI) is set to issue 70 percent right shares. The 126th board of directors meeting of the company decided to issue 70 percent right shares worth Rs 42 million to its existing shareholders.
The right share will be issued after approval from its upcoming g4th AGM. Presently, the company has a paid-up capital of Rs 60 million that will be reached Rs 102 million after the right shares.
Commercial banks have published new interest rates for the upcoming month of Jestha. As per the published notices, the average interest rates of the banks have declined by a few points.
