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CLIX CAPITAL PROFIT
Fintech lenders see profits in FY23 after rough couple of yearsAfter years of logging losses and write-offs, Lendingkart, Indifi, Fibe and a few others are in the black and hoping to stabilise their bus...- Binny Bansal cashes out of Flipkart, Walmart stake hits nearly 80%; Dealshare CEO steps downSachin Bansal cashed out of Flipkart when the Americans moved in five years ago. But his cofounder Binny Bansal had held on to his stake. N...
- Piyush Goyal to meet ecommerce players; Binny Bansal cashes out of FlipkartExecutives from different ecommerce companies are likely to meet commerce and industry minister Piyush Goyal to deliberate upon the nationa...
- 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, 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...
- DBS offered to buy 50% of Lakshmi Vilas Bank in 2018, but RBI rejected: PromoterAccording to Pradeep, promoters are also looking at approaching markets watchdog Sebi but will wait for the final scheme of merger that the...
- Stocks in the news: RIL, LVB, Coal India, SpiceJet, Eicher Motors and PNBAION Capital-backed Clix Capital could walk away from the proposed merger with Lakshmi Vilas Bank if discussion on the deal continue to dra...
- Stocks in the news: Vedanta, Lakshmi Vilas Bank, Dixon Technologies, Jet Airways and NTPCState-owned NTPC on Thursday said it has incorporated a subsidiary for its renewable energy business.
- What should Lakshmi Vilas Bank's small investors do after ousting of CEO?Lakshmi Vilas Bank is a thinly-tracked stock, as analysts said it is becoming more of a speculative play after the recent deterioration in ...
- LVB plunges 6%, recovers fully: 5 things the management said to allay investor concernsLVB’s newly appointed CEO S Sundar was also voted out with the shareholders rejecting his appointment.
- Deadline for proposed Lakshmi Vilas Bank-Clix Capital merger due diligence extended till Sept 15"There may be slight delay in the mutual due diligence and preparation of documents for regulatory requirements due to Covid situation and ...
- 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 Q4 results: Net profit at Rs 93 crore after several quarters of net lossesThe private sector lender had made Rs 234 crore net loss in the year ago period.
- Two least-tracked banks quietly top the charts, but analysts waryThe two lenders have risen 37 per cent and 19 per cent on a year to date basis.
- The week that was in 10 stocks: Future Group stocks rally; RInfra , IDBI Bank soarPlenty of second rung stocks topped the returns chart during the week.
- Stocks in the news: Tata Motors, RIL, Lakshmi Vilas Bank, HPCL, IndiGo and JK TyreThe housing finance arm of Canara Bankreported a 35.84 per cent rise in its net profit to Rs 90.91 crore for the March 2020 quarter
- AION Capital puts $40 million in SME lender Clix CapitalFirm to use funds to build consumer lending business, digital platform.
- Clix Capital may buy Religare stake in housing finance firmReligare Enterprises, which owns an 87.5 per cent stake in the housing finance firm, is divesting its ownership in various companies to tid...
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