Ira Finance Pvt Ltd acquires NBFC status : 09th jan20 ~ E-Pao! Headlines

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Ira Finance Pvt Ltd acquires NBFC status
Source: The Sangai Express

Imphal, January 08 2020: Ira Finance Private Limited has acquired Public Non-Banking Financial Company Status of RBI.

This was conveyed by Birla Emporiums Pvt Ltd founder and CEO Yumnam Irabanta during a press meet held at Birla Emporiums Pvt Ltd in Khurai Chingangbam Leikai, Ayangpalli road today.

He continued that Ira Finance Pvt Ltd, registered under MSME, started as a small finance project of Birla Emporiums which subsequently acquired the status of Ira Finance Pvt Ltd under the Ministry of Corporate Affairs.

After receiving immense support and cooperation from the public, the finance sector has now received the Public Non-Banking Financial Company (NBFC) status of Reserve Bank of India, he said while adding that the name of Ira Finance Pvt Ltd will soon be changed to Ira Finance Ltd as soon as RBI issues a new notifiation.

Clarifying to an advertisement published in the local dailies, he stated that the company is undertaking public deposit scheme in a legalised manner and will continue to operate similarly in the future as well.

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