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 […]
Author: The Banker Media
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 […]
RBI issues unified guidelines for lending against gold and silver collateral
The Reserve Bank of India (RBI) has released a comprehensive regulatory framework titled Reserve Bank of India (Lending Against Gold and Silver Collateral) Directions, 2025, […]
IndusInd Bank rolls out INDIE app for 15 million retail customers
IndusInd Bank has announced the expansion of its flagship digital banking platform, ‘INDIE’, to its entire retail banking customer base, targeting the migration of over […]
Wise secures RBI nod to boost cross-border export payments
Wise has received in-principle approval from the Reserve Bank of India (RBI) to function as a Payment Aggregator – Cross Border for export transactions. This […]
Heph partners with Capri Global to deepen insurance penetration in lending
Heph has inked a strategic collaboration with Capri Global Capital to embed insurance products within its lending infrastructure. The integration allows Capri to offer health, […]