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How secured loans can open new doors to credit-based growth for MSMEsSecured loans offer MSMEs a pathway into the formal credit system, eliminating the need for years of audited financials or a long operation...- Can your cow get a credit score? AI-driven livestock lending in actionLivestock represents 40% of agricultural GDP, yet banks struggle to incorporate animal assets into lending decisions.
- Moneyboxx Finance expands nationwide reach, nears Rs 1,200 crore AUM in empowering India’s micro-entrepreneursMoneyboxx Finance is targeting Rs 1,200 crore in Assets Under Management by FY26. The company is expanding its presence across India, now o...
- Vets in its branch: MSME lender Moneyboxx tries a different approach to lendingDeepak Aggarwal, Co-founder, Co-CEO, and CFO of Moneyboxx, says that the company aims to go beyond merely providing loans, focusing on fina...
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- Moneyboxx Q1 Results: Company reports Rs 4.30 cr profitThe company said it is supported by 33 lenders, including prominent banks such as State Bank of India, HDFC Bank, Kotak Mahindra Bank, RBL ...
- Lending platform Moneyboxx raises Rs 24 crore equity capital in fundingWith this funding round, the company said it has raised capital of Rs 48.4 crore in 2022-23 (including warrants of Rs 3.36 crore) and a tot...
- Fintech firm Moneyboxx raises Rs 21 crore to fund expansionThis comes after the NBFC had raised ₹14.42 crore in equity funding in December 2021. The company is looking to raise around Rs 100 crore b...
- Moneyboxx Finance to raise Rs 100 crore this fiscal, first tranche likely in MayThe non-banking finance company plans to raise the capital in two phases. It is in the process of raising Rs 20 crore next month from high-...
- Stocks in the news: Airtel, NTPC, Raymond, L&T and Tata PowerL&T Construction, the construction infrastructure arm of L&T, has won a significant order from Delhi Metro Rail Corporation to design and c...
- Moneyboxx Finance appoints Tata Capital's Vikas Bansal as chief risk officerBansal brings with him over 20 years of rich experience in the financial services industry, including over 15 years at Tata Capital where h...
- Stocks in the news: Airtel, GAIL, Bandhan Bank, L&T and ThermaxAirtel Payments Bank said it has been categorised as a scheduled bank by the Reserve Bank of India (RBI).
- Moneyboxx raises Rs 14.41 crore equity to fund AUM growthMoneyboxx, which doubled its branch network to 22 in FY21, entered Uttar Pradesh by opening its branch in Agra.
- Stocks in the news: Wipro, Vodafone Idea, PNB, Zomato and CadilaWipro announced the launch of the Wipro-Google Cloud Innovation Arena in Bengaluru to accelerate adoption of cloud services.
- Moneyboxx Finance raises Rs 25 crore from NBFCs, small finance banksMBFL plans to utilize the proceeds to support its disbursement target in the current and upcoming financial year.
- RBI likely to maintain status quo on interest rate, say expertsThe six-member MPC headed by RBI Governor is scheduled to meet for three days starting February 3. The resolution meeting would be announce...
- Stocks in the news: Coal India, Tata Motors, Edelweiss, Birlasoft, MajescoThese stocks may buzz the most during the day:
- Moneyboxx Finance raises debt of Rs 10 crore from Eclear LeasingMoneyboxx is targeting to raise Rs 100 crore from various lenders. It is also in the final stages of securing another Rs 30 crores by end o...
- Moneyboxx targets 2.5 fold jump in loan disbursement, to open 11 new branches this quarterThe company plans to disburse around Rs 85 crore in the current fiscal, a 2.5 fold jump from 2019-20 level.
- RBI's Monetary Policy Committee begins deliberations, to announce policy review on FridayThe government has now appointed three eminent economists Ashima Goyal, Jayanth R Varma and Shashanka Bhide as members of the MPC headed by...
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