Supreme Court Upholds RBI Remit Over NBFCs; State Moneylending Laws Won’t Apply
Non-banking financial companies (NBFCs) will be regulated by the Reserve Bank of India (RBI) as the RBI Act takes a…
11 MAY 2022
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Edelweiss General Insurance partners with Ashv Finance to offer digital loan protection to MSMEs
Digital Insurer, Edelweiss General Insurance (EGI), has joined hands with Ashv Finance, a tech-led NBFC present in over 100 locations…
22 FEB 2022
Hero FinCorp announces fundraise of Rs 2,000 crore
Hero FinCorp, one of India’s largest privately owned Non-banking Finance Companies (NBFC) today announced a fundraise of INR 2,000 Cr.…
08 FEB 2022
Avanse Financial Services raises Rs 357 Crores via Securitization Transaction facilitated by Northern Arc Capital
Avanse Financial Services Ltd, education-focused non-banking financial company (NBFC), has raised Rs 357 Crores via securitization transaction from a renowned…
29 JAN 2022
Geojit launches digital platform for loan against shares
Geojit Credits, an NBFC and subsidiary of Geojit Financial Services, one of the leading investment services companies in the country,…
05 JAN 2022
BlackSoil Capital raises Rs 70 Crore via secured NCDs
BlackSoil has raised Rs 70 Crore through non-convertible debentures (NCDs) for its NBFC. These NCDs are longer tenure products raised…
04 JAN 2022
Annapurna Finance raises $20 million from Germany-based DEG
Annapurna Finance, Odisha-based amongst the top five NBFC-MFIs, today announced Equity Investment of USD 20 million from DEG – Deutsche…
25 NOV 2021
State Bank of India and U GRO Capital to offer MSME loans upto Rs 500 crores by March 2022
U GRO Capital, a listed MSME lending fintech platform, today entered into a co-lending partnership with State Bank of India…
17 NOV 2021
Indel Money partners with IndusInd Bank for gold loan co-lending partnership
Indel Money, a non-banking finance company (NBFC) pioneering in gold loans, has entered into a first-of-its-kind conventional gold loan co-lending…
29 SEP 2021
FinTech start-up CredRight raises $2.7 mn funding from 9Unicorns
Hyderabad-based FinTech startup CredRight has raised Rs. 19.85 crore funding from 9 Unicorns, Spearhead Capital and Venture Catalyst, along with…
23 SEP 2021
