Despite a challenging environment for Non-Banking Financial Companies (NBFCs) in India, U Gro Capital continues to strengthen its mission of bridging the credit gap for […]
Tag: nbfc
Enhancing customer experience in NBFC sector
Customer experience (CX) has emerged as a cornerstone for success in today’s customer-centric world, particularly for Non-Banking Financial Companies (NBFCs). It goes beyond offering financial […]
Microfinance lending in Uttar Pradesh climbs 10 per cent to Rs 40,840 crore in FY2024
The microfinance sector in Uttar Pradesh (UP) witnessed robust growth, with the credit pool rising by nearly 10 per cent Year-on-Year (Y-o-Y) to reach Rs […]
Purple Finance successfully closes oversubscribed rights issue by 1.5 times
Micro, Small and Medium Enterprises (MSME)-focused NBFC, Purple Finance, recently has successfully closed its recent rights issue, which was oversubscribed by 1.5 times. The company […]
Usha Financial Services set to launch its IPO soon
Usha Financial Services is all set to launch its Initial Public Offering (IPO) soon. The company also received official approval earlier this month from the […]
Indian NBFCs saw highest growth among NBFI categories, says RBI Deputy Governor
Indian Non-Banking Financial Companies (NBFCs) saw a highest growth (10 per cent) among the NBFI economic categories, said M Rajeshwar Rao, Deputy Governor, Reserve Bank […]
Northern Arc Capital files IPO papers with SEBI
Northern Arc Capital has filed preliminary papers with the Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO). […]
SK Finance raises Rs 1,328 crore
SK Finance, an NBFC engaged in used and new vehicle financing and secured business loans, completed an equity round totalling Rs 1,328 crore from the […]
InPrime Finserv raises $3 million in Series A round
InPrime Finserv has raised $3 million in Series A round led by Matrix Partners India. The round also saw participation from existing investors, InfoEdge Ventures, […]
Digital lending systems need self-regulation
“If you are doing business genuinely, you don’t want unethical creatures to creep in,” quipped Raman Aggarwal, in his Keynote Address at the beginning of […]