They said the company, which raised $3.5 million in its seed round last year at a $12.8 million post-money valuation, saw its valuation ris...

The number of microfinance borrowers with multiple loans has significantly decreased. These borrowers still hold substantial outstanding lo...

Senior representatives of some of the country's largest NBFCs met on August 14 to discuss the issues they intend to raise with the RBI. The...

In a significant move, Muthoot Fincorp has engaged lead managers to facilitate its upcoming ₹3,000-crore initial public offering. The draft...

Svatantra Microfin has submitted a proposal seeking approval for a ₹3,000 crore initial public offering (IPO). The plan includes a fresh is...

ICICI Bank is aiming to secure an impressive loan of $1.45 billion, set to unfold over a four-year period. Bank of America is spearheading ...

Svatantra Microfin has filed for a Rs 3,000 crore IPO, comprising Rs 1,500 crore fresh shares and Rs 1,500 crore OFS. Promoter Ananya Birla...

Svatantra Microfin has filed for an initial public offering worth thirty billion rupees. Existing investors Advent International and Multip...

The Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to bring more uniformity and transparen...

Missing a single loan EMI doesn't lead to immediate bank intervention; instead, lenders often issue reminder calls and formal notices first...

The Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across variou...

Bank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of t...

Bank of America is making headlines with its planned acquisition of a substantial 26.5 percent interest in Jio Credit. This deal, involving...

Manappuram Finance will shift to professional management after Bain Capital gained joint control, with VP Nandakumar becoming non-executive...

Tata Capital's revolving credit exposure remains below five percent of its total lending. The company will submit its feedback to the Reser...

The Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered by non-banking financial companies (NBFCs) m...

NBFCs outpaced banks in retail lending growth in June, with loans rising over 20% year-on-year compared with 16% for banks. Growth was driv...