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Apr 22
Spandana Sphoorty founder Padmaja Reddy buys Rajshree Tracom, signals return to small loan business
Padmaja Reddy, founder and former head of Spandana Sphoorty Financial, has acquired Kolkata-based Rajshree Tracom Pvt Ltd, an old non-banking finance company, to mark her return to the business of small loans. The NBFC will be renamed Keertana Finserve and will focus on gold loans, MSME loans and loans against…