Updated : 1 year, 10 months ago IST
New Delhi [India], Feb 6 (ANI): Delhi-based Aviom India Housing Finance raised Rs. 15 crore through a primary infusion from Insitor Impact Asia Fund in its Series A round of funding to increase its branch network and operations in Tier II and Tier III towns in existing states and subsequentl
New Delhi [India], January 29 (ANI): The International Bank of Commerce (IBC) mechanism is being used to resolve the Non-Performing Asset (NPA) problem in the country, as per the Economic Survey 2017-18.
New Delhi [India], Jan 27 (ANI): Financial technology platforms these days are helping to fill the credit gap in the economy. Different types of digital lending models are processing loan applications based on information such as psychometric analysis, social profiles, credit score, and have
Bhopal (Madhya Pradesh) [India], Jan 24 (ANI-NewsVoir): It's quite understandable that the rules and regulations of the Reserve Bank of India make it a challenge for a new financial company to be able to offer loans. The good news, with hard work and the right kind of support it is possible
New Delhi [India], Jan 19 (ANI): Among India's largest assisted wallet Payworld on Friday announced disbursing loans of Rs. 10 crores to the Micro and Small enterprises (SME), within three months of partnership with Non-Banking Financial Companies (NBFC) and digital lending platforms like Ca
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], Jan 18 (ANI): Issuer-independent digital financial services platform MobiKwik on Thursday announced the appointment of Puneet Agarwal as the chief risk officer.
New Delhi [India], Jan 14 (ANI): In the contemporary times, it is not a tough task to get through the loan procedure. With new age lending players simplifying the age-old complex process and offering simpler products, one can get his or her credit score online within a few minutes.
New Delhi [India], Jan 7 (ANI): Amid increasing pressure on the banking system due to bad loans and NPAs, an ASSOCHAM-PwC joint study noted that in order to meet credit demand, non-banking financial companies (NBFCs) in India could explore investments in newer technology, particularly in the
Gurugram (Haryana) [India], Dec 20 (ANI): India's largest P2P lending company Faircent on Wednesday announced raising of Rs. 25 crore in a high-profile funding round.
Updated : 1 year, 12 months ago IST
New Delhi [India], Dec 19 (ANI): AU Small Finance Bank has announced signing an MoU with Sahaj e-Village for extending its banking service in remote areas through Business Correspondent Agent (BC) model.
New Delhi [India], Dec 19 (ANI): MoneyTap, an app-based credit line on Tuesday announced a strategic partnership with Aditya Birla Finance Limited (ABFL), a subsidiary of Aditya Birla Capital Limited, allowing MoneyTap users to avail credit from the latter.
Updated : 2 years ago IST
New Delhi [India], Nov 23 (ANI): MoneyTap, an app-based credit line announced that it has crossed the milestone of one million user installs. With an aim to serve the lower-middle income group, MoneyTap has now lowered the annual interest rate to 13 percent (down from 15 percent).