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Faering Capital invests in auto finance firm WheelsEMI's Series B round

Finance

10 December, 2018

Faering Capital invests in auto finance firm WheelsEMI's Series B round

WheelsEMI Pvt. Ltd, a non-banking financial company (NBFC) which provides financing for pre-owned two-wheelers, has raised Rs...

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NBFCs are here to stay but need to build niches: U Gro Capital's Shachindra Nath

Finance

07 December, 2018

NBFCs are here to stay but need to build niches: U Gro Capital's Shachindra Nath

Shachindra Nath quit as group chief executive officer of Religare Enterprises Ltd in 2016 after more than 15 years at ......

Warburg Pincus strikes maiden MFI deal with bet on Fusion Microfinance

Finance

04 December, 2018

Warburg Pincus strikes maiden MFI deal with bet on Fusion Microfinance

Private equity firm Warburg Pincus is investing Rs 520 crore (around $75 million at current exchange rates) in Delhi-headquartered...

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Former Destimoney executive floats NBFC

Finance

04 December, 2018

Former Destimoney executive floats NBFC

A former top executive at retail financial services firm Destimoney Enterprises Ltd has set up a non-banking financial company...

RBI eases asset securitisation norms for NBFCs

Finance

29 November, 2018

RBI eases asset securitisation norms for NBFCs

The Reserve Bank of India (RBI) on Thursday relaxed rules for non-banking financial companies (NBFCs) to sell or securitise their...

Morgan Stanley PE leads funding round in Jaipur-based lender Kogta

Finance

29 November, 2018

Morgan Stanley PE leads funding round in Jaipur-based lender Kogta

Jaipur-based Kogta Financial (India) Ltd has raised Rs 154 crore ($22 million) in a funding round led by Morgan Stanley ......

Impact investor BlueOrchard offers more debt funding to microlender Aye Finance

Finance

20 November, 2018

Impact investor BlueOrchard offers more debt funding to microlender Aye Finance

Non-banking financial company Aye Finance has raised Rs 72 crore ($10 million at current exchange rates) in debt funding from...

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In numbers: Which NBFCs have the biggest bad-loan problem?

Finance

20 November, 2018

In numbers: Which NBFCs have the biggest bad-loan problem?

The recent downfall of Infrastructure Leasing and Financial Services Ltd (IL&FS), one of India’s largest non-banking...

Altico Capital backs Century Group's affordable housing project

Finance

19 November, 2018

Altico Capital backs Century Group's affordable housing project

Non-banking financial company Altico Capital said on Monday that it has invested Rs 120 crore (around $17 million at current ......

True North to pick up 17.4% stake in Federal Bank unit

Finance

15 November, 2018

True North to pick up 17.4% stake in Federal Bank unit

Homegrown private equity firm True North is set to pick up a 17.4% stake in Fedbank Financial Services Ltd (Fedfina) ......

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