Mexican fintech Klar lands $100 million debt line in loan book boostKlar, which currently provides payment services, investment accounts and loans to some 2.4 million clients, is looking to expand its user b...
Now avail pre-approved credit on your UPI account, mandates RBIUPI presently handles 75% of the retail digital payments volume in India. Recently, RuPay credit cards were permitted to be linked to UPI. ...
India's central bank encouraging state refiners to cut spot dollar buying: SourcesThe Reserve Bank of India has ensured $9 billion has been made available at overseas branches of some Indian banks for the country's three ...
Cred to invest $10 million in P2P lending platform LiquiLoansCred will pick up a minority stake -- roughly 5-6% -- in the company, valuing it at roughly $200 million.
GoldenTree exits Vi lenders’ consortium, remaining members may sign binding pactThe remaining members of the consortium, including Pacific Investment Management Co (PIMCO), Sixth Street, Twin Point Capital and Varde Par...
Vodafone Idea's EVP (regulatory) Sundeep Kathuria quitsIn recent months, Vi has seen a spate of senior level executive exits, including ex-CTO Vishant Vora, former legal head Kumar Das, ex-brand...
ETMONEY ties up with RBL Bank to offer personal loansETMONEY has 4 million Indian users, who use ETMONEY for expense management, investment, and insurance solutions.
India, Japan may step up nuclear cooperation in non-energy areasThe official, however, said there are little chances of an agreement to procure equipment from Japan for building nuclear power plants in t...
MFIN re-elects Rakesh Dubey as its presidentThe industry association and self-regulator for the NBFC-MFIs has also elected Devesh Sachdev, chief executive of Fusion Microfinance as vi...
MFIN elects R Baskar Babu as new presidentBaskar Babu replaced previous president Manoj Nambia, managing director of Arohan Financial Services.
Moglix, online marketplace for businesses, attracts attention of Ratan Tata, Accel PartnersMoglix, which said its revenue has grown 40% month-on-month since January, competes with Tolexo, which counts IndiaMart as an investor.
Hamid Ansari in Laos to strengthen ties, bolster tradeAnsari arrived on a two-day visit, the first by an Indian Vice President to Laos, during which he will hold extensive talks with the Laotia...
- India to be No 1 market for US Exim Bank this year
The US Exim Bank today said India will overtake Mexico to emerge as the biggest market by its fund commitments this year.
- MFIs team up to bundle micro loans to raise Rs 52 cr
In a first of its kind, seven microfinance lenders have come together to raise Rs 52 crore by bundling thousands of micro loans.
- Govt plans Chinese models for telecom infra projects
India is looking to replicate China’s vendor credit models to finance greenfield telecom infrastructure projects worth Rs 5 lakh crore ($11...
- ADB gives $90 m to Assam for power
Asian Development Bank has extended an $89.7 million loan for the Assam power sector enhancement programme to build two substations, 342 km...
- ICICI okays $200-m credit line to Videocon
ICICI Bank has approved a $200-million (Rs 800 crore) credit line to the Videocon Group to acquire consumer electronic component firms in o...