The partnership is focused on providing loans to the Indian MSME sector which is one of the biggest contributors to India's GDP and employm...

Of 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

The post-pandemic period saw massive pent-up demand amongst sectors severely impacted due to Covid-19 and the subsequent lockdowns, such as...

Almost a year after its attempt to take over Lakshmi Vilas Bank failed, non-banking finance company Clix Capital is in discussions with Sur...

"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 founder Anil Chawla said the company continuously strive to bridge the credit gap in unserved and underserved segments such as...

Clix Capital has been in talks with the LVB management since June and had also submitted a non-binding agreement in October. Clix had propo...

Pramod 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...

Clix Capital had submitted an indicative non-binding offer for LVB on October 8, but is yet to get any substantive response from the stress...

"Now, the respective sides are in the process of a workable and mutually acceptable framework," the bank announced Saturday.

On September 15, the capital-starved bank said it had agreed for an amalgamation with the mid-sized non-banking lender Clix Capital Group i...

"Getting the paper work done, meeting people, sharing information and the general due diligence has been a challenge due to the pandemic so...

"We wish to inform that the mutual due diligence is substantially complete, and the parties are in discussions on the next steps. The bank ...

The 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...

Shares of the mid-size private sector lender got locked at 5 per cent upper circuit limit at Rs 16.06 on BSE.

Firm to use funds to build consumer lending business, digital platform.

This comes after negotiations between the unlisted private sector bank and Canadian billionaire Prem Watsa-controlled Fairfax fell through ...