Spandana Sphoorty Welcomes RBI Guidance During Period of Change and Reflection

Unknown Apr 02, 2026 1,500 Views

Spandana Sphoorty Financial, one of India’s leading microfinance institutions, has come under the Reserve Bank of India’s (RBI) scrutiny following the discovery of operational lapses and potential fraud. The RBI’s nearly three-week-long inspection, far longer than the routine pr...