India Dealbook: SBI provides $7.8m debt to Swarna Pragati, Sports Flashes raises funding

Swarna Pragati Housing Microfinance Pvt Ltd has received a debt of Rs 50 crore ($7.8 million) from State Bank of India (SBI). Also, The Times Group has invested an undisclosed sum in Sports Flashes.

SBI provides $7.8m debt to Swarna Pragati

Swarna Pragati Housing Microfinance Pvt Ltd has raised a debt of Rs 50 crore ($7.8 million) from the State Bank of India (SBI), the country’s largest bank, according to a statement.

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