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.
29 May 2025, 16:05 PM
TVS Capital Funds, Lok Capital, Evolvence Equity Partners, Paragon Partners, and other angels collectively invested about Rs 350 crore in the NBFCs.
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.
16 Apr 2025, 14:40 PM
The Gurugram-headquartered fintech has appointed a new CEO of Trillion Loans, and moved its key personnel to the NBFC unit, effective immediately.
06 Apr 2025, 17:55 PM
Securis Finance aims to offer education loans to teenagers across India.
02 Apr 2025, 17:29 PM
Infinity will use the capital for expanding the loan book and establishing deeper presence across the six states.
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, 19:16 PM
In its notification, the central bank said that the interested parties should apply through the PRAVAAH portal before June 15.
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.
25 Feb 2025, 13:27 PM
The NBFC had reported Rs 232 crore in operating revenue in its 2023 financial statement, but its FY24 filings now show revenue of Rs 109 crore for the same period.
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.
07 Feb 2025, 21:31 PM
The fintech giant plans to exit the account aggregator (AA) space, and said it will partner with other AAs.
28 Jan 2025, 19:52 PM
The NBFC aims to expand its footprint, particularly in underserved markets, enhance its loan product offerings, and invest in advanced technology...
22 Jan 2025, 18:52 PM
X10, according to the RBI, violated guidelines on the code of conduct in outsourcing of financial services in its digital lending operations.
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.
