RBI tightens default loss guarantee rule; NBFCs to exclude cover on fintech-sourced loansThe Reserve Bank of India has instructed finance companies to exclude default loss guarantees (DLGs) from fintech firms when provisioning f...
27 May, 2025, 01.48 PM IST
Credit Saison secures $150 million ECB funding from MizuhoCredit Saison India has secured $150 million in ECB funding from Mizuho Bank through its GIFT City branch, following Mizuho's equity invest...
14 May, 2025, 11.12 PM IST
Japan's Credit Saison tastes success in India, to expand loan bookCredit Saison India, under the leadership of Presha Paragash, is leveraging India's unique data infrastructure to expand its loan offerings...
14 Jun, 2024, 12.16 AM IST
Mizuho takes 15% stake in Credit Saison as it dives deeper into IndiaMizuho Bank, Japan's third-largest bank by assets, has invested INR 1,200 crore (approximately $160 million) for a 15% stake in the Bangalo...
14 Feb, 2024, 06.09 AM IST
Japan's Mizuho Bank acquires 15 pc stake in Credit Saison India for Rs 1,200 croreMizuho Bank has acquired a 15% stake in digital non-banking finance company Credit Saison India for INR 1,200 crore ($160 million). This is...
13 Feb, 2024, 01.33 PM IST
Fintech firm Mylapay raises Rs 4.6 crore in seed funding round led by CDM CapitalMylapay addresses challenges in the payment industry, such as high transaction failure rates and the intricacies of complex payment operati...
10 Jan, 2024, 01.50 PM IST
Large global PE firms, local investors eye stake in BoB's credit card armThe (EOIs) were submitted earlier this month and are now being reviewed by the bank to shortlist names for the second phase of the process,...
25 Apr, 2023, 06.13 AM IST
Japan’s Credit Saison Company invests Rs 540 crore in its wholly owned Indian subsidiaryThis takes the total investment by the Japanese parent and its affiliates to Rs 1,600 crore into Credit Saison India, which expanded its po...
23 Jan, 2023, 12.01 AM IST
Credit Saison puts $47 million in Indian armIt aims to expand its loan book here, tie up with new-age fintech companies
24 Aug, 2021, 06.00 AM IST
MoneyTap bags Rs 500 cr in equity & debt roundMoneyTap, an app-based consumer credit provider, has a loan book of more than Rs 1,000 crore. The company targets customers in the 29-31 ag...
28 Jan, 2020, 08.50 AM IST
Credit Saison and Capital Float join hands to offer digital financing to SMEsAs part of the agreement, Capital Float and Credit Saison will provide working capital financing to MSMEs, particularly to those from the c...
23 Jan, 2020, 04.51 PM IST
Credit Saison launches VC fund in IndiaThe launch of Credit Saison’s VC fund is the latest by a Japanese risk capital investor in India, for whom Asia’s third-largest economy has...
25 Nov, 2019, 06.27 PM IST
True Balance raises $23 million from a cohort of Korean investorsThe company to use the proceeds to expand its loan book, bolster its technology and business-focused talent acquisition efforts across geog...
15 Oct, 2019, 08.10 AM IST
Credit Saison India gets NBFC licence from RBIThe company, which operates in the country under its registered name of Kisetsu Saison Finance India, has also received $30 million from th...
11 Oct, 2019, 08.11 AM IST
SBI to hike stake in two credit card joint venturesThe Mumbai-based lender, which is also India’s biggest government-owned bank by market capitalisation, wants to increase its stake to at le...
01 Feb, 2017, 01.20 AM IST
Two Japanese companies eye GE's stakes in SBI card companiesBuyout firms Carlyle and Kohlberg Karvis Roberts & Co are also among shortlisted bidders for the stakes that GE holds in two different comp...
07 Jun, 2016, 11.09 AM IST
Mizuho, Credit Saison eye GE’s stakes in SBI cardsCarlyle is also among the shortlisted bidders for stakes that GE holds in two different companies that are into payments services and payme...
07 Jun, 2016, 06.42 AM IST