Domestic insurance money backing a lender to small businesses, which is the capital that eventually reaches shopkeepers and small manufacturers as loans. Exchange bulk-deal data for 1 September shows HDFC Life Insurance buying 73,00,000 shares of SBFC Finance, a small-ticket secured lender to MSMEs — about 0.65% of the company, reported at around ₹101 per share, or roughly ₹74 crore
