Earlier, Spandana Sphoorty Financial managing director Padmaja G Reddy resigned from the microfinance lender following disagreement with private equity investor Kedaara Capital.source https://economictimes.indiatimes.com/industry/banking/finance/banking/padmaja-reddy-alleges-exorbitant-salary-for-new-spandana-ceo-wants-curb-on-salary-for-mfi-chiefs/articleshow/87587959.cms
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