09 Jan 2025, 19:14 PM
In October, the banking regulator had barred four NBFCs to "cease and desist" from sanction and disbursal of loans.
07 Jan 2025, 19:13 PM
MobiKwik and Lendbox struck a deal where MobiKwik gave up Rs 24 cr in income for Q1 FY25, and in return, Lendbox waived Rs 42 cr in facilitation fees. These adjustments impacted MobiKwik's current quarter's revenue and expenses.
02 Jan 2025, 13:44 PM
On consolidated basis, Mswipe saw marginal fall in its losses at Rs 46.2 crore in FY24, from Rs 49 crore reported in FY23.
27 Dec 2024, 18:11 PM
The committee will recommend a framework including governance aspects for responsible, ethical adoption of AI models/applications in the Indian financial sector.
24 Dec 2024, 19:03 PM
Interest income from the disbursement of loans accounted for 80% of the revenue -- which increased 2x to Rs 308 crore in FY24.
14 Dec 2024, 00:29 AM
The company cut down its total expenses by 9.8% to Rs 310 crore in FY24, against Rs 343.67 crore reported in the previous fiscal.
14 Dec 2024, 00:13 AM
Scripbox's overall expenses was reduced by 25% to Rs 134.24 crore in FY24 from Rs 179.4 crore in FY23.
11 Dec 2024, 11:22 AM
CASHe’s total expenses increased by 22.4% to Rs 665.8 crore FY24, up from Rs 544.1 crore in FY23.
07 Dec 2024, 19:52 PM
The Tiger Global-backed Plum Insurance saw its losses decline by 54% to Rs 25.5 crore from Rs 55 crore in FY23.
06 Dec 2024, 22:22 PM
The company posted a net loss of Rs 401.15 crore in FY24, compared to Rs 405.66 crore in the previous fiscal year
05 Dec 2024, 12:39 PM
Mosambee's profits grew by 86.7% to Rs 28 crore in FY24, from Rs 15 crore reported in the previous financial year.
21 Nov 2024, 12:11 PM
The company reported Rs 1,009 crore in revenue for FY23. However, when it filed its FY24 financials, the FY23 numbers were reflected as Rs 10.22 crore only.
14 Nov 2024, 17:21 PM
InsuranceDekho's revenue from operations surged to Rs 743.6 crore for the fiscal year, ending March 2024 from Rs 96.5 crore reported in the previous fiscal.
13 Nov 2024, 20:43 PM
The net profit reached Rs 18.5 crore during the quarter compared to Rs 7.78 crore reported in Q2 FY24.
12 Nov 2024, 20:10 PM
The Peak XV-backed company saw its net losses go down to Rs 275.9 crore in FY24 compared to Rs 327 crore in FY23.
12 Nov 2024, 17:40 PM
The company's net profit after tax rose to Rs 47.47 crore, up 16.7% from Rs 40.69 crore earned in Q2 FY24.
11 Nov 2024, 15:03 PM
Coinswitch parent PeepalCo's losses came down by 65% to Rs 151.4 crore ($18.13 million) in FY24 against Rs 434.2 crore in the previous year.
11 Nov 2024, 12:32 PM
Perfios reported Rs 71.7 crore in profit after tax, up from Rs 7.79 crore in FY23.
11 Nov 2024, 11:36 AM
Juspay earned Rs 287 crore in revenues from payment platform integration fees as compared to Rs 196 crore in FY23.
07 Nov 2024, 19:48 PM
The company posted a net profit of Rs 51 crore in the September quarter compared to Rs 60 crore profit recorded in the June quarter.
