Multilateral lender to back Annapurna Finance as investors eye exit

Rural-focussed microfinance institution Annapurna Finance Pvt. Ltd is in the final stages of closing a fresh funding round aimed at growing its loan book, two people familiar with the development told VCCircle.  The Asian Development Bank (ADB) is leading an equity investment in the Bhubaneswar-based non-banking financial company, said one of ......