NBFC
Finance
RBI tightens investment rules for shadow banks from FATF non-compliant jurisdictions
India's central bank said on Friday new investors who operate from jurisdictions not in compliance with the Financial Action...
TMT
Returning investor Coatue leads $108 mn Series D round in BharatPe
Payments and financial services startup BharatPe has raised $108 million (around Rs 785.72 crore) in a Series D funding round...
Finance
Central bank urges a tiered approach to regulating shadow banks
The central bank has proposed a tighter regulatory framework to harmonise classification of bad loans of non-banking financial...
Markets
Nifty, Sensex hit over one-week low as shadow lenders drop on fears of tighter rules
Indian shares ended at a more than one-week low on Monday, weighed down by non-bank financial companies (NBFCs) on fears ......
Finance
Blue Ashva picks up majority stake in non-bank lender SSA Finserv
SSA Finserv Pvt Ltd, a non-banking financial company that focuses on micro, small and medium enterprises (MSMEs), has raised $3...
Finance
Dutch development finance institutions to invest in agri-focused NBFC Samunnati
Samunnati Financial Intermediation & Services Pvt Ltd will raise €10 million (about $12 million or Rs 89 crore) in debt...
Finance
IndoStar continues to strengthen top deck, ropes in exec from HDFC Bank unit
IndoStar Capital Finance Ltd, majority-owned by Canadian investor Brookfield Asset Management, has roped in a top executive from...
Finance
Chicago-based Creation Investments leads funding for Vivriti Capital
Non-bank lender Vivriti Capital Pvt Ltd has raised Rs 100 crore ($13.6 million) as part of its Series B funding ......
TMT
Aye Finance raises debt funding from Germany's Invest in Vision
Non-banking lender and financial technology firm Aye Finance Pvt. Ltd has raised Rs 125 crore (about $17 million) in debt ......
Finance
Brookfield-IndoStar deal comes with fresh riders
Canadian investor Brookfield's deal to buy a stake in IndoStar Capital Finance Ltd, which is backed by private equity firm...
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