Svatantra Microfin completes amalgamation with Chaitnya India Fin Credit, creating Rs 22,000 crore AUM entity.

Exam-focused facts from the 25 March 2026 current affairs briefing.

Key facts

Svatantra Microfin completed amalgamation with Chaitanya India Fin Credit and Svatantra-Holding after approvals from the National Company Law Tribunal (NCLT), Reserve Bank of India (RBI) and the Competition Commission of India (CCI).
The amalgamation is effective from the NCLT-Mumbai bench order dated 12 March 2026.
Post-merger, the combined entity holds assets under management (AUM) of about Rs 22,000 crore including its housing-finance business.
Svatantra Micro Housing Finance Corporation has become a wholly-owned subsidiary of Svatantra Microfin.
The merged entity operates through about 2,200 branches across 20 states and employs around 25,000 people.
Since inception the company has disbursed approximately Rs 70,000 crore and serves around 5 million customers.