16 Jan 2025, 21:53 PM
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.
09 Jan 2025, 20:08 PM
This investment boosts Infinity’s net worth to Rs 530 crore, the company said in a statement.
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.
24 Dec 2024, 18:18 PM
Last week, InCred Finance, the consumer and MSME lending arm of the InCred Group, appointed Gaurav Maheshwari as its chief financial officer.
14 Dec 2024, 00:47 AM
Aye Finance has received its board approval to launch Rs 1450 crore ($174 million) initial public offering (IPO).
11 Dec 2024, 11:45 AM
Existing investors IDH Farmfit Fund, NRJN Family Trust, Rabo Partnerships and select HNIs.
11 Dec 2024, 11:27 AM
The funding will be used to expand the NBFC's lending portfolio, providing private schools and vocational students in tier II and tier III cities...
10 Dec 2024, 10:42 AM
The Pandora’s box opened when the Reserve Bank of India called the new directors of this NBFC to a meeting on November 8…
02 Dec 2024, 18:49 PM
In October, the banking regulator had barred Navi Finserv and three other NBFCs to "cease and desist" from sanction and disbursal of loans.
26 Nov 2024, 19:06 PM
Revenue from co-lending - which accounted for 54% of the operating revenue - jumped by 88% to Rs 591 crore in FY24.
17 Oct 2024, 21:20 PM
This action, according to the RBI, is based on material supervisory concerns observed in the Pricing Policy of these companies.
22 Aug 2024, 13:56 PM
The Bengaluru-based Axio (previously known as Capital Float) is close to securing $20 million in a new equity round.
16 Aug 2024, 18:57 PM
After observing some peer-to-peer lending platforms violating the RBI's guidelines, the central bank has announced modifications to the master directions of NBFC-P2P.
