Indian Bank raised $400 million through a four-year overseas funding programme via its GIFT City branch, joining Indian lenders tapping glo...

Kotak Mahindra Bank successfully raised $650 million through its five-year dollar bonds. This issuance occurred at a coupon rate 27 basis p...

Four Indian private lenders are accelerating dollar bond plans before August 31. They aim to raise $1.85 billion, taking advantage of a cen...

L&T Finance plans to open 500 new gold loan branches this financial year. This expansion aims to increase its network significantly and cap...

ICICI Bank triumphantly secured $750 million through a fresh dollar bond issuance, making it the bank's third successful fundraising attemp...

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...

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

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...

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...

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...