Updated : 2 years, 1 month ago IST
New Delhi [India], Nov. 7 (ANI): The innovative lender to micro and small sector, AyeFinance has successfully raised Rs. 32 crores in debt fund from the Geneva based development finance institution, Symbiotics Group.
New Delhi [India], November 4 (ANI): Despite being a major part of the Indian economy, Small and medium-sized enterprises (SMEs) in India face multiple challenges.
New Delhi [India], Nov. 2 (ANI-NewsVoir): New Delhi based Fintech NBFC Prest Loans recently raised fresh equity from existing investors. It raised about Rs. 37.10 million as per the information provided by the company.
New Delhi [India], Oct. 31 (ANI): One of the fastest growing and award-winning Non-Banking Financial Company (NBFC), TAB Capital has successfully raised Rs. 80 crores in debt from Vijaya Bank, Bank of India, South Indian Bank, and MAS Financial.
New Delhi [India], Oct. 27 (ANI): SME financing and product fulfilment platform OfBusiness on Friday announced securing an additional debt funding worth Rs. 25 crore from Kotak Mahindra Bank.
New Delhi [India], Oct. 23 (ANI): India's fastest growing and award-winning Non-Banking Financial Company (NBFC) TAB Capital has announced appointment of three key leadership positions.
Updated : 2 years, 2 months ago IST
New Delhi [India], Oct 13 (ANI-NewsVoir): Finally, after more than one year of uncertainty about peer-to-peer lending startups regulations. The Reserve Bank of India (RBI), in a gazette notification, stated that after confirming its necessity, peer-to-peer lending startups have been identifi
New Delhi [India], Oct. 9 (ANI): The guidelines introduced by the Reserve Bank of India (RBI) on P2P lending will bring a greater degree of transparency and seriousness to the sector, according to the exporters.
New Delhi [India], Sep 27 (ANI): Non-banking finance Companies (NBFCs - excluding NBFC-MFIs) are likely to witness an increase in the 90+day delinquencies, by about 20-50 bps, from the levels of about 4.9 percent as on June 30, 2017.
New Delhi [India], Sept 25 (ANI): FinMomenta, a digital lending platform on Monday introduced another core loan segment on their platform (www.tachyloans.com) called Corporate HR loans for employees to make borrowing money easier at times of emergency.
New Delhi [India], Sep 20 (ANI): With regards to the capital needs, the MSMEs sector in India is facing a gap of Rs. five trillion, as estimated by the industry. This has multiple reasons including, no bank accounts, collaterals misplaced, lack of financial literacy, dearth of infrastructure
New Delhi [India], September 15 (ANI): TAB Capital, a Non-Banking Finance Company (NBFC), entered into an association with the Nucleus Software, a leading provider of lending and transaction banking solutions to the global financial services industry.