The Central Bank of India has received approval from the Reserve Bank of India to set up an International Financial Services Centre (IFSC) Banking Unit […]
Tag: Funding
Capital India Finance secures Rs 50 crore via private placement of listed NCDs
Capital India Finance Limited has announced the successful issuance of Rs 50 crore worth of listed, rated, senior secured non-convertible debentures (NCDs) through a private […]
GoTrust raises $400K pre-seed funding to solidify data compliance offerings
GoTrust has announced the successful closure of a $400K pre-seed funding round led by Aevitas Capital. The funding round also saw the participation of an […]
NBFCs step up used car funding as EVs catch on
Non-banking financial companies (NBFCs) are stepping up the funding of used cars, seeing it as a growth driver over the next two-three years, especially with […]
Funding constraints may hamper NBFCs’ loan growth this fiscal: Report
With most non-bankers reaching the maximum funding cap from banks, their projected 16 per cent loan growth may be impacted, leading to margin compression for […]
Agritech startup Otipy appoints Rohit Sood as chief business officer
Agritech startup Otipy, operated by Crofarm Agriproducts, on November 1 announced that it has appointed Rohit Sood as the Chief Business Officer to drive the […]