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 […]
Tag: nbfc
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 […]
Fintech Slice gets RBI approval to merge with North East Small Finance Bank
Credit card and digital payments unicorn Slice has announced that it is merging with North East Small Finance Bank (NESFB). According to the fintech firm, […]
Prest Loans elevates Tarun Kacholia to CBO role
Prest Loans has elevated Tarun Kacholia from Vice President – Business Development to the role of Chief Business Office (CBO) of the company with immediate […]
Satya MicroCapital raises Rs 53 crore in ECB from German bank
Microfinance company Satya MicroCapital raised about Rs 53 crore in external commercial borrowing from a German co-operative bank, which focuses on sustainable development. The deal […]
Veritas Finance raises Rs 1,200 crore
Veritas Finance Private Limited has raised Rs1,050 crore from Multiples Private Equity along with its co-investors including International Finance Corporation (IFC) to expand access to […]
Piramal Capital to sell more loans for Rs 1,669 crore
Piramal Capital & Housing Finance is in talks to sell a stressed loan portfolio worth ₹2,437 crore spread across 14 accounts to JM Financial ARC […]