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BHARATPE GOLD LOAN
Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...- Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
- Merchants crack QR code to secure loans from NBFCsNon-banking finance companies (NBFC) such as Aditya Birla Finance (ABFL), L&T Finance, Poonawala Fincorp, and SMFG India Credit are among t...
- Banks are fast warming up to UPI credit line for small value loansAfter delays, UPI credit lines may gain traction as banks explore offering small loans to new customers via UPI apps. Banks like ICICI and ...
- BharatPe turns profitable, reports adjusted profit before tax of Rs 6 croreET reported on August 1 that the company is expecting to report a profit before interest, taxes, depreciation and amortisation in its fisca...
- BharatPe firmly on profitability track, eyes $100 million roundBharatPe, the fintech once mired in lawsuits and boardroom drama, is on the verge of a turnaround. Sources told us the company expects to p...
- Ex-RBI deputy governor Kanungo may join IIFL boardFormer RBI Deputy Governor BP Kanungo is set to join IIFL Finance as an independent director, succeeding AK Purwar. This appointment follow...
- P2P firms dial RBI for secondary market access, instant liquidity toolsThe peer-to-peer lending sector participants have written to the RBI’s Department of Regulation specifically for clarity, as secondary mark...
- Premji Invest eyes Nainital Bank stake; Ranjan Pai may back RupeekHappy Friday! Azim Premji’s family office is eyeing a majority stake in Bank of Baroda-owned Nainital Bank. This and more in today’s packed...
- Shock and awe: Founders decry RBI action against PaytmThe Reserve Bank of India's decision to prohibit Paytm's vertical Paytm Payments Bank from offering all forms of banking services within a ...
- Banking, financial services are looking up as bad debt, Covid-related stress are things of the past: Jaspal Bindra, Centrum GroupThe new risk weightage norm is not a big challenge for Unity as we don’t have a big legacy book. But it will put a little deterrent to mark...
- EV scooter sales hit a bump in April, Ola grows marginally; What's plaguing Nykaa?Electric two-wheeler sales took a beating in April, according to data from Vahan, a government database that tracks vehicle registrations, ...
- BharatPe acquires 51% in NBFC Trillion Loans to bolster lending playBharatPe’s investment in an NBFC comes at a time when several fintechs are looking at bolstering their presence in the segment.
- Rupeek lays off 200 employees amid slowdown in fundingIn a written communication to employees on Tuesday morning, Rupeek founder and chief executive Sumit Maniyar said the company had taken a “...
- In last 3 months, we have more new customers; greater disbursals: George Alexander Muthoot“The highest disbursement was made in Q3 of last year when we disbursed about Rs 50,000 crore gold loan. On an average, we disbursed about ...
- BharatPe enters gold loan segment; eyes disbursals of Rs 500 crore this yearFor launching gold loans, BharatPe has partnered with a few NBFCs, and will be offering loans of up to Rs 20 lakh against gold pledge.
- Prosus to pay $4.7B for BillDeskProsus Ventures is set to buy BillDesk, one of India’s oldest digital payment firms, for a cool $4.7 billion in what will be one of the acq...
- BharatPe raises Rs 200 crore in debt from IIFL Wealth, Northern ArcEarlier this year, BharatPe had raised over Rs 300 crore from venture debt funds (Alteria Capital, InnoVen Capital and Trifecta Capital), b...
- Jhunjhunwala, top funds hold this stock. Yet, it goes abegging below book valueAt Rs 87 apiece on Tuesday, the stock traded at 1.08 times book value compared with 5.39 times for bigger peer Kotak Mahindra Bank, 4.08 ti...
- ETtech Deals Digest: BharatPe’s ~$1 billion valuation, Nazara' pre-IPO funding, edtech gold rushBharatPe has raised $108 million at a valuation of $900 million. Rakesh Jhunjhunwala-backed Nazara Technologies raises Rs 100 crore ahead o...
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