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Spandana Sphoorty looks to steady ship after over 4 months of uncertainty

The MFI, backed by private equity fund Kedaara Capital, experienced a jolt in November 2021 after Padmaja Reddy, founder and managing director (MD), quit abruptly.

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financial services | Microfinance | microfinance institutions

Abhijit Lele  |  Mumbai 



Spandana Sphoorty names Bharat Financial Inclusion's Shalabh Saxena MD-CEO

After over four months of uncertainty, troubled institution (MFI) Spandana Sphoorty Financial (SSFL) is looking for stability and growth with full-time chief executive officer (CEO) and chief financial officer (CFO) coming on board over the weekend.

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First Published: Mon, March 21 2022. 00:05 IST

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