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Progcap looks to raise $45 million equity capital in FY28The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and ...- Sold, or just shipped? How sales figures can be manipulated – and how you can spot itGoods left the warehouse. The invoice went out. So it must be a sale, right? Not always. Under the rules, a sale counts only when the custo...
- India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
- Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
- Software developer fired by toxic boss without warning gets full 20 vacation days after termination letter mistake, leaves critical project unfinishedA software developer faced daily abuse from his boss after a bug in his code. He was eventually fired without warning. However, a terminati...
- Aadhar Housing Finance aims to cross Rs 50,000-cr AUM milestone by FY29Aadhar Housing Finance aims to boost its asset under management to Rs 50,000 crore by FY29, projecting an 18-20% loan growth annually. The ...
- Fuelled by lending boom, DPDzero bets big on AI-led debt recoveryAs India’s unsecured lending boom accelerates, collections are emerging as the next major battleground for fintechs and lenders.
- Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
- From swipe to strategy: Your credit card now decides what you buyConsumers now meticulously compare credit card offers before making purchases, turning transactions into value calculations. Credit cards a...
- 'More loss than luck': West Bengal's lottery system faces public backlash before pollsAs West Bengal gears up for elections, residents of Alipurduar's Falakata constituency are demanding a complete shutdown of the lottery sys...
- Zerodha turns its ‘Coin’ into a passive wealth management hubZerodha is expanding its Coin platform into a comprehensive one-stop shop for passive wealth management, now including fixed deposits along...
- Are loans pushing young earners into a trap? 22-year-old with good salary questions EMI culture. ‘Shouldn't people just save up instead’A 22-year-old earning well sparked an online discussion after questioning the growing reliance on EMIs for big purchases. Sharing a past st...
- Microfinance lenders now give bigger loans to existing borrowersIndia's microfinance sector is seeing a significant shift. Lenders are now offering larger loans to existing customers with good repayment ...
- Small ticket business loans driving Shriram Finance's MSME growthShriram Finance Ltd anticipated sustained growth in its micro and small enterprises sector, driven by demand for small loans. The company e...
- Vedanta Ltd raises Rs 8,000 crore secured term loan from Union Bank of IndiaVedanta prepaid Rs 10,000-crore term loans availed from four local banks at over 10% in December. It repaid the entire Rs 5,000 crore loan ...
- From bikes to durables, young, first-time borrowers are driving up India's personal loan market65% of borrowers sought for loans for the first time while 35% of them bought consumer durables such as refrigerators or washing machines o...
- Small personal loans up 4.5 times in 2 yearsThe share of small-ticket loans in personal loans disbursed during the last two years has jumped almost five times. During 2017-18, these l...
- East India leads with 40% microfinance businessThese four states account for about 40 per cent of the total MFI loan book.
- ETMONEY partners with Fullerton India to offer personal loans up to Rs 20 lakhETMONEY will leverage Fullerton India's expansive presence across the country to offer hassle-free personal loans.
- Buy Bandhan Bank; target Rs 650: JM FinancialBuy Bandhan Bank Ltd. at a price target of Rs 650.
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