Banks

Digital lender Kissht plans $225 million IPO; appoints investment banks

Digital lender Kissht plans $225 million IPO; appoints investment banks

06 Apr 2025, 17:48 PM

The company has mandated ICICI Securities, UBS Securities India Private Limited and Motilal Oswal Investment Banking as lead managers for the IPO.

Walmart-backed PhonePe picks 4 investment banks for its IPO

Walmart-backed PhonePe picks 4 investment banks for its IPO

27 Feb 2025, 00:19 AM

PhonePe has reportedly onboarded Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to kick off its IPO.

RBI sets up committee to evaluate universal banks, SFB applications

RBI sets up committee to evaluate universal banks, SFB applications

21 Jan 2025, 03:47 AM

The Standing External Advisory Committee has been set up by RBI to assess the eligibility of applicants seeking to operate as universal banks and small finance banks.

RBI allows small finance banks to offer credit line on UPI

RBI allows small finance banks to offer credit line on UPI

07 Dec 2024, 02:36 AM

RBI Governor Shaktikanta Das announced that small finance banks will now be permitted to provide pre-sanctioned credit lines through UPI.

Phi Commerce launches debt collection tool for banks and NBFCs

Phi Commerce launches debt collection tool for banks and NBFCs

23 Oct 2024, 18:06 PM

CollectiPhi-360 enables lenders to manage automated, doorstep, offline, partial, and bulk collections.

Fintech Hightlights

  1. Paytm's First Games receives Rs 5,712 crore GST notice

  2. PB Fintech invests Rs 539.4 crore in healthcare unit

  3. MobiKwik sets up wholly-owned unit to operate as an NBFC

  4. Pine Labs promotes CEO Amrish Rau to MD and chairman ahead of IPO

  5. SME lender Finodaya Capital raises $2.5 million led by White Venture Capital
  6. Read more highlights...

Editor's Pick

  1. NPCI’s Silent Power Play: The policy muscle and money behind RuPay’s credit push

  2. BharatPe’s NBFC Trillion Loans FY24 statement: Auditor flags ‘material weakness’ in financial controls

  3. Decoding Stashfin: Business, funding, and culture struggles — can Paytm veteran turn it around?