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What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

Finance

20 November, 2020

What RBI panel's report means for banking sector, top banks, NBFCs and SFBs

An internal panel of the Reserve Bank of India has suggested allowing large corporate houses to own significant stakes in ......

Sequoia, Faering Capital double down on non-bank lender Finova

TMT

28 October, 2020

Sequoia, Faering Capital double down on non-bank lender Finova

Jaipur-based non-banking financial company Finova Capital Pvt. Ltd has raised $35 million (about Rs 260 crore) from existing venture capital ......

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I-bank o3 Capital rethinks credit strategy on virus outbreak as top exec quits

Finance

19 October, 2020

I-bank o3 Capital rethinks credit strategy on virus outbreak as top exec quits

Mid-market investment banking firm o3 Capital Global Advisory Pvt. Ltd is re-evaluating its credit strategy as investors’ preference has changed ......

Two-wheeler financier CreditWise Capital raises seed funding

Finance

06 October, 2020

Two-wheeler financier CreditWise Capital raises seed funding

CreditWise Capital Pvt. Ltd, a non-banking financial company that offers loans for the purchase of two-wheelers, said Tuesday it has ......

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NBFCs need more funding options to boost credit growth: Panellists at VCCircle summit

Finance

25 September, 2020

NBFCs need more funding options to boost credit growth: Panellists at VCCircle summit

Non-banking financial companies (NBFCs) need a variety of funding options to achieve pre-pandemic loan disbursal levels and revive credit growth, ......

India's recovery not entrenched, will only be gradual: RBI chief

Economy

16 September, 2020

India's recovery not entrenched, will only be gradual: RBI chief

Some high frequency indicators are pointing towards stabilisation in economic activity in India but the recovery is still not entrenched ......

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Indian School Finance hires new CEO in turnaround effort

Finance

25 August, 2020

Indian School Finance hires new CEO in turnaround effort

Indian School Finance Company Pvt. Ltd (ISFC) has appointed a new managing director and chief executive and also raised fresh ......

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Sundaram Alternate's Chandrasekaran on how developers, NBFCs can tide over the crisis

Finance

21 August, 2020

Sundaram Alternate's Chandrasekaran on how developers, NBFCs can tide over the crisis

Sundaram Alternate Assets Ltd, the alternative investment arm of Sundaram Asset Management Company Ltd, manages two real estate-focused credit funds ......

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Faering-backed WheelsEMI raises fresh funding in flat Series C round

Finance

13 August, 2020

Faering-backed WheelsEMI raises fresh funding in flat Series C round

WheelsEMI Pvt. Ltd, a non-banking finance company which offers loans for two-wheelers, has raised fresh capital in a flat Series ......

KKR may merge troubled India NBFC with InCred, take minority stake

Finance

28 July, 2020

KKR may merge troubled India NBFC with InCred, take minority stake

Private equity giant KKR & Co. plans to merge its India non-bank lending arm with InCred Financial Services Ltd via ......