Rural fintech startup Jai Kisan gets RBI nod for NBFC acquisition
Rural fintech startup Jai Kisan has received regulatory approval from the Reserve Bank of India for acquiring a majority stake in NBFC Kushal Finnovation Capital. This strategic move will enable Jai Kisan to offer tailored, accessible financial products to its farmer and rural business customers, enhancing financial inclusion and partnership integration. With over Rs 6,000 crore in facilitated loans, Jai Kisan continues to innovate in rural finance.
Jai Kisan Gains RBI Approval for Major NBFC Acquisition to Boost Rural Financial Services; Image | Pixabay