DCB Bank picks up 9 pc stake in Techfino Capital

NEW DELHI: DCB Bank has bought 9 pc stake in non-banking financial company Techfino Capital which is engaged in providing tech-based education and healthcare loans. Techfino is a Bengaluru based NBFC which using its modern technology platform to provide customised consumer loans in education and healthcare sectors. It is present in key metros and tier II cities across India, said the new generation private sector bank. “Micro loans or granular loans as a financial solution hold much promise,” said N Mishra, Head Agri and Inclusive Banking, DCB Bank.