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CLIX CAPITAL
Nasscom's Data Security Council appoints Neelam Dhawan as chairpersonNeelam Dhawan is the new Chairperson of the Data Security Council of India. She takes over from Promod Bhasin. Dhawan will work with indust...
Clix Capital secures Rs 220 crore in funding from existing investorsClix Capital, a finance company, secured Rs 220 crore in equity funding from existing investors, including Apollo Global Management. The fu...
Clix Capital raises Rs 220 crore equity from existing investors including Apollo GlobalThe company plans to utilise these funds to strengthen its lending capabilities across the MSME, Education, and Healthcare Equipment sector...
Karnataka Bank & Clix Capital partner for co lendingThe partnership is focused on providing loans to the Indian MSME sector which is one of the biggest contributors to India's GDP and employm...
Clix Capital secures Rs 1,200 crore of debt from domestic and global investorsOf the Rs 1,200 crore it has raised in the ongoing quarter, around Rs 160 crore is to be earmarked for green and sustainability projects
Clix Capital aims to double its profit to Rs 100 cr in FY'24The post-pandemic period saw massive pent-up demand amongst sectors severely impacted due to Covid-19 and the subsequent lockdowns, such as...
Clix Capital in merger talks with Suryoday Bank; stock surgesAlmost a year after its attempt to take over Lakshmi Vilas Bank failed, non-banking finance company Clix Capital is in discussions with Sur...
Clix Capital, Suryoday in exploratory merger talks"The talks are still in early stages. NBFCs and small finance banks are both scouting for partners for different reasons and this is one su...
Clix Capital aims to double disbursal in FY22Clix Capital founder Anil Chawla said the company continuously strive to bridge the credit gap in unserved and underserved segments such as...
Clix Capital may apply for banking licence after failed merger with Lakshmi Vilas BankClix Capital has been in talks with the LVB management since June and had also submitted a non-binding agreement in October. Clix had propo...
LVB drops 4% as Clix CEO says merger talks can't go on and onPramod Bhasin, the founder of Clix Capital told ET: "We have to decide this urgently. We are happy to walk away from the deal and get on wi...
Bhasin warns Clix can walk away if LVB talks go on and onClix Capital had submitted an indicative non-binding offer for LVB on October 8, but is yet to get any substantive response from the stress...
Significant progress in proposed merger with Clix Group: Lakshmi Vilas Bank"Now, the respective sides are in the process of a workable and mutually acceptable framework," the bank announced Saturday.
Lakshmi Vilas Bank soars 16% on receiving non-binding merger offer from Clix GroupOn September 15, the capital-starved bank said it had agreed for an amalgamation with the mid-sized non-banking lender Clix Capital Group i...
Clix's Pramod Bhasin says could approach RBI within four weeks for LVB merger"Getting the paper work done, meeting people, sharing information and the general due diligence has been a challenge due to the pandemic so...
Lakshmi Vilas Bank surges 10% as merger talks with Clix Capital on track"We wish to inform that the mutual due diligence is substantially complete, and the parties are in discussions on the next steps. The bank ...
LVB in talks with investors for capital infusion; looks to raise Rs 1,000 crore: CEOThe bank needs capital to grow and make profit, and "we have got Clix as they have expressed their interest to merge with the bank. The adv...
Lakshmi Vilas Bank hits 5% upper circuit limit on merger proposal by Clix CapitalShares of the mid-size private sector lender got locked at 5 per cent upper circuit limit at Rs 16.06 on BSE.
AION Capital puts $40 million in SME lender Clix CapitalFirm to use funds to build consumer lending business, digital platform.
Clix Capital in talks to invest up to Rs 800 crore in Catholic Syrian BankThis comes after negotiations between the unlisted private sector bank and Canadian billionaire Prem Watsa-controlled Fairfax fell through ...