The official kickoff of the Q4 earnings season happens when a large IT company announces its results, although the quarter’s business updat...

The deal follows Pulse’s recent acquisition of Nucleus Commercial Finance, a UK-based SME (small and medium enterprise) loan originator.

Mumbai-based SaaS firm Pulse acquires UK SME loan originator Nucleus for around Rs 450-500 crore. The deal boosts Pulse’s UK presence ahead...

Through this initiative, SME businesses will be able to capitalise on Mahindra Finance’s hyperlocal schemes and Lendingkart’s expertise.

Total income for the quarter was Rs 3,125 crore, up 25% y-o-y, aided by growth in asset book, a release by the NBFC said. Disbursements at ...

The delinquency levels are lower by 300 basis points (bps) from their peak levels during Covid-19, the rating agency said.

New Delhi, Oct 16 (PTI) Fintech startup Finezza is in discussions with NBFCs, especially in the domains of education loan and SME lending, ...

Collection efficiency including overdue collection for the most affected asset classes, that is microfinance and SME loans, reached close t...

The agency said the collections in retail pools securitised post the first wave (i.e. September 2020), especially for the more affected uns...

With collections bouncing back to the pre-moratorium levels in most of the secured asset classes and businesses of non-bank lenders nearing...

For SME, commercial vehicle and microfinance institutions (MFIs), the collection efficiency was 120 per cent, 114 per cent and 104 per cent...

The agreement was signed by Jayanta Deb Majumdar, General Manager, SBI and Shachindra Nath, Executive Chairman of U GRO Capital, in Mumbai.

Online lending platform Loan Frame offers an entire portfolio of products, including secured and unsecured loans from as low as Rs 1L to as...

Our expectation was it would be much worse. Our consumer balance sheet was up 47%, commercial 46%, and rural 122%, says Jain

Private banks are likely to post a 19 per cent growth in profit after tax in the second quarter ended September 30.

Macquarie maintains 'Outperform' rating on HDFC Bank.

Selling old loans through securitisation to raise money for fresh advances is ceasing to be an option for banks.