02 May 2025, 16:34 PM
The funding will be used to expand its lending portfolio, as well as enhance its credit scoring, middleware, and risk services through new partnerships.
28 Apr 2025, 04:04 AM
How internal challenges and shifting priorities derailed Mahindra Finance’s ambition to mirror Bajaj Finance’s success in digital lending.
16 Apr 2025, 11:07 AM
Joshi’s elevation comes amid strategic leadership changes following a majority stake acquisition by Temasek’s Fullerton Financial Holdings (FFH).
10 Apr 2025, 02:14 AM
RNFI, which singed a binding offer to acquire Payworld in October 2024, has acquired Payworld Digital and its wholly owned subsidiary, Smart Payment Solutions
28 Mar 2025, 21:02 PM
However, quarter-on-quarter sanction value declined by 15% in Q3 FY24-25 compared to Q2 FY24-25.
17 Mar 2025, 20:11 PM
As of now, state-owned General Insurance Corporation of India (GIC Re) is the only reinsurer in the country.
12 Mar 2025, 19:08 PM
By the end of the financial year 2024, the total loss due to cyber fraud had reached Rs 177 crore, with 29,082 cases recorded across the country.
27 Feb 2025, 00:37 AM
The investment in shares is being made in the ordinary course of the investment function of the company, Go Digit said.
18 Feb 2025, 17:33 PM
This spin-off will allow PowerUp to focus entirely on wealth management, while Uni Cards continues to focus in the lending space.
13 Feb 2025, 23:46 PM
In April last year, the RBI restricted Kotak Mahindra Bank from onboarding new customers through online channels and issuing new credit cards.
28 Jan 2025, 03:38 AM
Appoints Hemant Saklecha as chief credit and risk officer and Pavan Matai as head of its supply chain finance vertical.
24 Jan 2025, 15:30 PM
The funding round also saw participation from Kotak Securities and existing investors.
21 Jan 2025, 03:04 AM
While the portfolio outstanding in PL category has grown Rs 12.1 lakh crore in H1 FY24 to Rs 13.7 lakh crore between April-September 2024 period.
17 Jan 2025, 02:23 AM
Once the acquisition receives regulatory approval, it will make Amazon the first big tech company in India to gain access to an NBFC license through Axio.
10 Jan 2025, 00:18 AM
The market share of the Vijay Shekhar Sharma-led fintech further plummeted to 6.87% in the month of December.
06 Jan 2025, 14:19 PM
This story delves into Stashfin’s business operations – which have largely remained out of the public and media spotlight, as the company prefers to keep things under wraps.
25 Dec 2024, 00:28 AM
As of September 2024, the total assets under management (AUM) reported by 28 FACE member companies stood at Rs 51,537 crore.
