NBFC
Finance
Stingy banks, struggling NBFCs drive credit-starved commoners into pawning family gold
Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season ......
Finance
Swiss impact investor responsAbility leads $10 mn funding in Aye Finance
Aye Finance Pvt. Ltd said on Monday it has raised debt worth $10 million (Rs 71.3 crore at current exchange ......
Finance
SAIF Partners-backed Aye Finance raises $8 mn via debt securitisation
Non-banking financial company Aye Finance Pvt. Ltd has raised Rs 55 crore ($8 million at current exchange rates) from Maharashtra-based...
TMT
Digital lender Indifi raises $21 mn from CDC, others
Gurugram-based fintech startup Indifi Technologies Pvt. Ltd has raised $21 million (Rs 145 crore) in a fresh round of funding...
Finance
Budget 2019: RBI to get more powers; NBFCs receive a lifeline
The government will give greater power to the central bank to regulate mortgage lenders and non-banking financial companies, as...
Finance
RBI may soon get power to regulate housing finance companies
The Indian government will soon give the nation's central bank power to regulate housing finance companies (HFCs), which will...
Economy
Govt considers granting RBI more powers to regulate NBFCs
The Indian government is considering giving more powers to the central bank to regulate the struggling shadow banking sector,...
Finance
RBI expects banks' bad loans to decline by March 2020
India’s central bank on Thursday said the proportion of commercial lenders’ non-performing assets (NPAs) may fall...
Finance
Motilal Oswal PE eyes exit from asset financing firm
Motilal Oswal Private Equity Investment Advisors Pvt. Ltd is looking to exit its four-year-old investment in an asset financing...
Finance
Flipkart co-founder Sachin Bansal backs another non-bank lender
Flipkart co-founder Sachin Bansal has made a debt investment in a non-banking finance company that has been looking to go ......
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