NBFC
Finance
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...
Finance
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 ......
Finance
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...
Finance
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...
Finance
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...
Finance
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 ......
Finance
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...
Finance
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...
Finance
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 ......
Finance
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) ......