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Anxiety grips digital lenders after reports on banning apps

Finance

08 February, 2023

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 ......

Indices rise as crude tumbles, financials move higher

Finance

06 July, 2022

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 ......

IIFL Fintech Fund backs AI startup Data Sutram

TMT

01 October, 2021

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 ......

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Post-pandemic hope drives half-dozen NBFCs to public markets

Finance

20 May, 2021

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 ......

Aviator Emerging Market Fund leads investment in Dhanvarsha Finvest

Finance

16 April, 2021

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 ......

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Flashback 2020: RBI gets into rescue mode as banks, non-banks tide over tough year

Finance

29 December, 2020

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 ......

SME-focussed Moneyboxx gets debt funding from BlackSoil, Caspian

Finance

21 December, 2020

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 ......

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Anicut's Balamurugan on why private credit funds have an edge over NBFCs and more

Finance

14 December, 2020

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 ......

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Godrej Housing CEO Manish Shah on growth pillars, supply-demand challenges and more

Finance

04 December, 2020

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 ......

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Tata Capital to reduce focus on unsecured and SME loans: CEO

Finance

30 November, 2020

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 ......