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Su-Kam to set up NBFC to create market for sub-Rs 7,000 price inverters

Industry Economy

Su-Kam Power Systems Limited is planning to set up a non banking finance company (NBFC) for providing financial support to the customers to buy inverters through installments (EMI’s). The company would earmark Rs. 10 crore apart from raising another Rs.10 crore from banks to start the same.

Extracted from BS, Jan 22,’15

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