RUGR Fintech Private Limited has raised $5 million in a Pre-Series A round led by Vikasa India EIF I Fund, valuing the company at $25 […]
Author: The Banker Media
Steptrade Capital invests Rs 177 crore across 63 IPOs as the leading anchor investor
Steptrade Capital has emerged as one of the most active domestic anchor investors, deploying around Rs 177 crore across 63 IPOs in the past 24 […]
PhonePe, Utkarsh Small Finance Bank to launch Wish credit card
PhonePe has signed a strategic partnership with Utkarsh Small Finance Bank to launch the “Wish” credit card, an FD-backed RuPay card aimed at serving new-to-credit […]
Kiwi unveils interest-back EMI on UPI for high-ticket spends
Kiwi has introduced its Interest-Back EMI on UPI. Timed with the upcoming Diwali season, this innovation allows consumers to split big-ticket purchases into easy instalments […]
Shriram AMC strengthens debt portfolio with Amit Modani appointment
Shriram Asset Management Company Limited (Shriram AMC), part of the Shriram Group, has announced the appointment of Amit Modani as Senior Fund Manager and Lead […]
SG Finserve reports 28 per cent loan book growth
SG Finserve Limited (SGFL) has announced that it has closed the first half of FY2026 with a loan book of approximately Rs 2,878 crore, reflecting […]
RBI recognises FIDC as self-regulatory organisation for NBFCs
The Reserve Bank of India (RBI) has officially recognised the Finance Industry Development Council (FIDC) as a Self-Regulatory Organisation (SRO) for Non-Banking Financial Companies (NBFCs). […]
Bank of Baroda teams up with IIFL Finance to empower rural borrowers
Bank of Baroda and IIFL Finance have joined hands in a co-lending partnership aimed at boosting gold loan availability for underserved and unbanked populations in […]
86400 and Vegapay launch credit line on UPI to democratise access to credit in India
86400, an initiative by Mobileware Technologies, in partnership with Vegapay, has unveiled its latest innovation: the Credit Line on UPI platform. This new infrastructure is […]
Tamilnad Mercantile Bank partners with Wegofin to launch payment aggregator business
Tamilnad Mercantile Bank (TMB) has entered into a strategic partnership with Wegofin Digital Solutions Pvt. Ltd. to strengthen its digital banking offerings and expand financial […]