NBFCs
Finance
Anxiety grips digital lenders after reports on banning apps
Ever since a report on the government banning about 138 gambling apps and 94 loan apps over concerns of “Chinese ......
Finance
Indices rise as crude tumbles, financials move higher
Markets rose on Wednesday, as gains in top non-banking financial company Bajaj Finance after a strong quarterly performance boosted financial ......
TMT
IIFL Fintech Fund backs AI startup Data Sutram
Extrapolate Advisors Pvt Ltd, which runs the Kolkata-based AI startup Data Sutram, has raised funding for an undisclosed amount from ......
Finance
Post-pandemic hope drives half-dozen NBFCs to public markets
Hope of a post-pandemic rebound is driving a flock of non-banking financial companies to the public markets, with at least ......
Finance
Aviator Emerging Market Fund leads investment in Dhanvarsha Finvest
Aviator Emerging Market Fund, focused on Indian non-banking financial companies, has led a Rs 65.8 crore ($8.8 million) infusion into ......
Finance
Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year
In early March, three weeks before most of India went into a lockdown to fight the coronavirus pandemic, the Reserve ......
Finance
SME-focussed Moneyboxx gets debt funding from BlackSoil, Caspian
Moneyboxx Finance Ltd, a small and medium enterprise-focussed non-banking financial company, has raised Rs 10 crore ($1.35 million at current ......
Finance
Anicut's Balamurugan on why private credit funds have an edge over NBFCs and more
Anicut Capital LLP, which entered the alternative investment market in 2016, manages two credit funds and an angel platform. The ......
Finance
Godrej Housing CEO Manish Shah on growth pillars, supply-demand challenges and more
Diversified conglomerate Godrej Group entered the crowded housing finance sector last month. The entry comes at a time when not ......
Finance
Tata Capital to reduce focus on unsecured and SME loans: CEO
Tata Capital Ltd, the financial services arm of the diversified Tata Group, is focused on growing its secured loan book ......