No need for fresh capital for five years: Shriram Finance CEO Parag SharmaParag Sharma expects the company, India's second-biggest non-bank lender by market value, to sustain 18-20% credit growth annually and main...
17 Aug, 2026, 05.22 PM IST
Bank of America's $1.9 billion Jio bet shows global banks want a slice of India's retail lending marketBank of America is set to invest a substantial $1.9 billion into Jio Financial's Jio Credit, marking a significant show of confidence in In...
14 Aug, 2026, 01.18 AM IST
Jio Financial shares jump 3% as Bank of America set to acquire 50% stake in Jio Credit for Rs 18,268 croreJio Financial Services shares: Bank of America agreed to acquire up to 49.9% in its lending arm Jio Credit through a Rs 18,268 crore joint ...
13 Aug, 2026, 09.47 AM IST
Bank of America invests around Rs 18,268 crore for 49.9% stake in Jio CreditBank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of t...
12 Aug, 2026, 10.25 PM IST
Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore dealJio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% i...
12 Aug, 2026, 09.13 PM IST
Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI's new proposal for NBFCsShares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively ba...
07 Aug, 2026, 10.06 AM IST
RBI plans to bar NBFCs from offering revolving credit without approvalIn a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking financial companies. Moving forward, N...
06 Aug, 2026, 09.33 PM IST
PhonePe's Rs 100 daily RD: How it works; app also adds FD investment optionWith its latest feature, PhonePe now allows users to easily invest in daily recurring deposits via its user-friendly app. Starting investme...
06 Aug, 2026, 05.20 PM IST
What the ET AI Conclave and Awards 2025 indicate about meaningful brand partnershipsThe ET AI Awards 2025 brought together India's AI ecosystem while demonstrating how editorial credibility, influential audiences and strate...
06 Aug, 2026, 12.05 PM IST
HCLTech Q1 profit rises; Sops to fuel Indian chipsHCLTech began FY27 with a strong first-quarter performance. This and more in today's ETtech Top 5.
14 Jul, 2026, 12.57 AM IST
If FIIs return, they tend to see it first. 15 stocks from financial services ecosystem, with upside potential as low as 3% to as high as 28%Financial services is where FIIs go when they turn positive on India. History shows us that much of the money goes to banks, and the wider ...
08 Jul, 2026, 04.21 PM IST
TPG to buy NIIF’s green NBFC Aseem Finance for $500 mnLaunchpad for new financing platform that US PE Group is setting up with GIC of Singapore, ICICI Bank. TPG’s investment is being made throu...
06 Jul, 2026, 08.07 PM IST
Gene therapy firm Immuneel ties up with Arogya Finance to offer Rs 25 lakh zero-cost EMI for cancer treatmentImmuneel Therapeutics collaborates with Arogya Finance to unveil a zero-cost EMI scheme for advanced cancer treatments, providing support o...
06 Jul, 2026, 03.03 PM IST
Progcap looks to raise $45 million equity capital in FY28The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and ...
28 Jun, 2026, 04.20 PM IST
AvenuesAI plans strategic investment in Ratnaafin Capital NBFC to drive AI-led embedded lendingAvenuesAI is planning a minority investment of up to 2.5% in Ratnaafin Capital, a scaled new-age NBFC with a lending book exceeding INR 200...
29 May, 2026, 06.53 PM IST
Shriram General Insurance ties up with Piramal Finance for product distributionShriram General Insurance has joined hands with Piramal Finance. This collaboration will bring insurance products to more people. Piramal F...
25 May, 2026, 02.17 PM IST
MoneyTap gets NBFC license, aims to bolster its market positionWith this new license, MoneyTap aims to further scale its business and deepen its existing Bank/NBFC partnerships, through a strong focus o...
09 Sep, 2019, 03.41 PM IST