GIPL and NESFB Merger Approved By CCI

  • The Competition Commission of India (CCI) has approved the merger of Garagepreneurs Internet Private Limited (GIPL) with North East Small Finance Bank Limited (NESFB). 
  • GIPL, a financial technology company, focuses on facilitating payments and credit products through digital means in India. 
  • NESFB, a private sector small finance bank, is headquartered in Guwahati, Assam, and has branches in North Eastern states and West Bengal.
Posted in Current Affairs.