DCB Bank acquires 9% stake in NBFC TechFino Capital

  • Narendranath Mishra, head of agri and inclusive banking at DCB Bank, said micro loans or granular loans as a financial solution hold much promise. Photo: Pradeep Gaur/Mint

    1 min read. Updated: 21 Apr 2021, 01:19 PM IST

    Shayan Ghosh TechFino, which is present in key metros and tier II cities across India, uses its technology platform to provide customized consumer loans in education and healthcare sectors

    Mumbai: Private sector lender DCB Bank Ltd on Wednesday said it has acquired a 9% stake in Bengaluru-based non-bank financier TechFino Capital Pvt Ltd. The bank did not disclose the financial details of the transaction.

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