Huge inflows in small spacesIncreasing investments from global entities into India's financial sector are boosting the specialized lending institutions. Regulatory ref...
MeitY flags physical AI data; US data centre woes may help IndiaHappy Friday! MeitY is examining how home services platforms collect household data to train physical AI models.This and more in today’s ET...
Desible.ai raises Rs 32 crore in round led by Prime Venture PartnersFounded in 2025 by Uttam Tiwari and Omkar Raikar, Desible.ai is building an AI-powered workflow orchestration platform that helps financial...
IIFL Finance shares rally 5% as Blackstone leads Rs 6,414 crore capital infusionIIFL Finance shares surged on Wednesday after the company announced a Rs 6,414 crore capital infusion led by Blackstone, which will invest ...
The great Indian money hunt: Why India's shadow banks are pulling in billions of dollarsBlackstone is negotiating a significant investment in IIFL Finance, indicating rising global interest in non-bank lenders. Recent deals inc...
Under attack, banks bolster cyber covers, opt for higher sum assured to protect against hitsFor large financial institutions, the biggest impact often is the loss arising from systems remaining unavailable after an attack, rather t...
NBFCs eye rate hikes, higher fees to offset insurance income hitNon-bank lenders and housing finance companies are expected to raise lending rates in response to proposed regulatory changes. This adjustm...
NBFC credit to gold jewellery, consumer durables grows over 50 pc in Sep: RBI dataIn September 2026, non-banking finance companies' credit to gold jewellery and consumer durables surged significantly. Credit for gold jewe...
MobiKwik gets RBI nod for NBFC arm, plans to launch in 3-6 monthsThe Reserve Bank of India has officially granted MobiKwik Financial Services the green light to operate as an NBFC. With an eye towards dis...
MobiKwik shares jump 4% as RBI approves NBFC licence; co targets Rs 5,000 crore loansMobiKwik shares gained on Friday after the RBI granted its subsidiary a licence to operate as an NBFC, enabling the fintech company to ente...
Festive stocking drives 36% jump in TReDS volumes as small businesses seek working capitalThe five platforms operating under the Trade Receivables Discounting System (TReDS) financed invoices worth Rs 75,788 crore in August and S...
AI-based cyber threat executing unauthorised fund transfers from banking firms: Cert-InThe Indian Computer Emergency Response Team (Cert-In) has named the incident "Crafty Falcon", which uses publicly available AI tools to exe...
Central cyber security agency warns banks, NBFCs of AI attacks; I4C reveals how hackers are executing multi-crore fraudsI4C has warned banks, NBFCs and fintech firms about AI-powered cyberattacks that enable hackers to execute fraudulent transactions at machi...
OneStack raises Rs 12.5 crore to take cooperative banks deeper into UPI ecosystemOneStack, a fintech provider, secured ₹12.5 crore funding to enhance cooperative bank participation in UPI payments. The funding will help ...
NBFCs redesign lending models ahead of revolving credit curbsNon-banking financial companies are innovating loan products to align with upcoming Reserve Bank of India guidelines. These guidelines aim ...
Cyberattacks hit NBFCs; Pine Labs Q2 profit zoomsCyber criminals are targetting smaller NBFCs with specialised AI toolkits. This and more in today’s ETtech Top 5.
AI-powered cyberattacks siphon ₹300 crore from small NBFCs in two monthsRecent cyberattacks have inflicted an estimated loss of ₹300 crore on Indian NBFC, with around 150 fraud cases reported. Focus has shifted ...