MICROCAPITAL STORY: The Development Credit Bank of India Dives into Microfinance

India’s Development Credit Bank will be expanding their services to include microfinance, in addition to increasing its focus on the Small and Medium Enterprises (SME) sector lending.

“We want to venture into small credit and mid-ticket personal finance while continuing to serve the big customers,” Mr Gautam Vir, Managing Director and Chief Executive Officer said.

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