Nucleus Software has announced the appointment of Aabhinna Suresh Khare as its new Chief Marketing Officer (CMO). In his new role, Aabhinna will be responsible […]
Author: The Banker Media
Capri Loans raises Rs 2,000 crore in equity to strengthen growth
Capri Global Capital Limited (CGCL) has successfully raised Rs 2,000 crore through a Qualified Institutions Placement (QIP) of equity shares to institutional investors. The capital […]
Kyndryl to power ESAF’s digital banking ambitions
Kyndryl has been chosen by ESAF Small Finance Bank to transform and manage the mission-critical technology that underpins its operations and future banking capabilities. Kyndryl […]
ENBEE Trade and Finance and Sunrise FinServe to strengthen loan disbursement in Maharashtra and Gujarat
ENBEE Trade and Finance has announced a strategic alliance with Sunrise FinServe to enhance its loan disbursement capabilities and improve operational efficiency across Maharashtra and […]
AU Small Finance Bank and IFC to embed climate risk into core banking strategy
AU Small Finance Bank (AU SFB) has announced a strategic partnership with the International Finance Corporation (IFC) to integrate climate risk management into its governance […]
CreditAccess Grameen boosts microfinance with new social loan facility
CreditAccess Grameen Limited has successfully secured a landmark USD 100 million multi-currency syndicated social loan facility, marking a significant step in international fundraising for the […]
FlexiLoans bags Rs 375 crore in equity funding in Series C round
FlexiLoans has raised Rs 375 crore in equity funding as part of its ongoing Series C round, led by existing investors Accion, Nuveen, Fundamentum, and […]
L&T Finance acquires Paul Merchants Finance’s gold loan business
L&T Finance Ltd. (LTF) has announced the completion of its acquisition of the gold loan business of Paul Merchants Finance Private Limited (PMFL), a wholly […]
Capri Loans rolls out auto pay for gold loans to enhance customer convenience
Capri Global Capital Ltd (Capri Loans) has announced the launch of an Auto Pay facility for its gold loan customers, reinforcing its focus on digital […]
Flipkart Finance gets RBI clearance to start lending operations
Flipkart has become the first Indian e-commerce platform to receive a Non-Banking Financial Company (NBFC) licence from the Reserve Bank of India (RBI), a significant […]