Shivalik Small Finance Bank Raises Rs 100 Cr From Investors Led By Smbc Asia Rising Fund-japan

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shivalik small finance bank raises rs 100 cr from investors led by smbc asia rising fund japan

Shivalik Small Finance Bank secured Rs 100 crore in funding. SMBC Asia Rising Fund- Japan led the investment round. Existing investors also participated. The bank will use the funds to enhance technology. It will also expand its workforce and develop banking-as-a-service solutions. Shivalik aims to simplify financial access for underserved segments.