06 Jun 2025, 11:18 AM
This is the first time the central bank has granted a large e-commerce player in India a lending licence.
04 Jun 2025, 14:41 PM
The digital lender is eyeing an IPO to raise over $400 million and has reportedly appointed Axis Capital, Kotak Mahindra, and others as its banking partners.
30 May 2025, 22:05 PM
The rating agency ICRA said Zerodha Capital witnessed a "healthy" scaleup in its loan against securities book to Rs 381 crore as on December 31, 2024.
29 May 2025, 21:49 PM
Oxyzo, which provides credit solutions and loans to SMEs, earned Rs 1,141 crore from interest income, which is about 95% of the total revenue.
23 May 2025, 03:35 AM
DotPe’s ambitious foray into financial services has come to a halt barely a year after launch, following a rapid build-up of lending volumes…
08 May 2025, 15:49 PM
In FY25, revenue from payments services declined 37% yoy to Rs 3,879 crore; financial services revenue down 15% to Rs 1,703 crore.
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.
25 Apr 2025, 17:35 PM
The Gurugram-based fintech firm will now be required to apply for an NBFC licence from the RBI in order to operate as a non-banking financial company.
25 Apr 2025, 17:16 PM
Finodaya will operate on a hybrid “phygital” model, blending digital services with a physical branch presence to streamline loan disbursement and underwriting.
17 Apr 2025, 10:54 AM
This funding marks the VC firm's first investment from its $200 million new fund, which was launched in April 2024.
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).
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.
28 Mar 2025, 21:02 PM
However, quarter-on-quarter sanction value declined by 15% in Q3 FY24-25 compared to Q2 FY24-25.
12 Mar 2025, 20:03 PM
Over the past two and a half years, Kuhoo Finance has processed more than 100,000 student applications and facilitated loans worth over Rs 300 crore for 15,000 borrowers.
07 Mar 2025, 19:54 PM
Indifi’s cost of bad debt written off surged two times to Rs 45 crore in FY24.
05 Mar 2025, 22:41 PM
Leap Finance will use the funds to expand its presence across US, expand university partnerships, and strengthen its presence in India.
25 Feb 2025, 03:19 AM
The proceeds will be used to augment the long-term resources of the company and meet working capital requirements.
