Search For "credit gap"
Axis Max Life and Saarathi Finance Announce Strategic Partnership to Stren
Updated : 2 months, 1 week ago IST
New Delhi [India], March 10: Axis Max Life Insurance Limited, formerly known as Max Life Insurance Company Limited ("Axis Max Life"/ "Company") has entered into a strategic Corporate Agent partnership with Saarathi Finance and Credit Private Limited ("Saarathi Finance"), a next-generation gr
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Bharti Airtel to inject Rs 20,000 crore in its NBFC to boost digital lendi
Updated : 2 months, 1 week ago IST
The NBFC subsidiary will be capitalised with Rs 20,000 crore to be injected over the next few years. Airtel will contribute 70 per cent with the promoter group via Bharti Enterprises Limited, bringing in the balance 30 per cent.
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Rapid Money Launches to Transform Short-Term Credit Access for Underserved
Updated : 5 months, 1 week ago IST
New Delhi [India], December 19: Rapid Money, a new Loan Service Provider (LSP) platform from the team behind SwitchMyLoan, has officially launched with a bold mission to offer fast, transparent, and easy-access short-term personal loans tailored for India's underserved borrowers. Built on de
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Optimo Capital raises Rs 150 crore in Series-A round to redefine property-
Updated : 7 months ago IST
Optimo Capital, India's only digital Loan Against Property (LAP) fintech-NBFC, has raised Rs 150 crore (USD 17.5 million) in its Series-A funding round, led by its founder Prashant Pitti along with existing investors Blume Ventures and Omnivore.
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VP Nandakumar Talks About How NBFCs Bridge India's Credit Gap
Updated : 10 months, 3 weeks ago IST
New Delhi [India], July 11: The Indian banking sector has undergone a remarkable transformation with the rise of Non-Banking Financial Companies (NBFCs), which have redefined how credit is accessed and delivered across the country.
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Ratnaafin's Debut Campaign 'Ratnaafin Hai Toh Possible Hai' Launched to Em
Updated : 11 months, 2 weeks ago IST
Ahmedabad (Gujarat) [India], June 13: Ratnaafin, an NBFC focused on empowering MSMEs and small business owners with customised financial solutions to make their dreams accessible, announces the launch of its new film, celebrating entrepreneurs. Ratnaafin has consistently bridged the credit g
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LenDenClub hosts AI Hackathon powered by AWS to Develop Alternative Scorin
Updated : 11 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], June 12: In a move to make credit more accessible and convenient for India's underserved segment and call for innovation, LenDenClub, the country's largest peer-to-peer (P2P) lending platform, is set to host its flagship 48-hour offline AI Hackathon powered by A
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India's MSMEs face credit gap of Rs 30 lakh crore, women-owned businesses
Updated : 1 year ago IST
The MSME (Micro, Small and Medium Enterprises) sector is facing an addressable credit gap of around Rs 30 lakh crore, which is about 24 per cent of the total credit demand, according to a recent report by SIDBI (Small Industries Development Bank of India).
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India's MSME sector has significant lending opportunity with approx. Rs 28
Updated : 1 year ago IST
The Micro, Small and Medium Enterprises (MSME) sector in India presents a significant lending opportunity due to a credit gap of approximately Rs 28 lakh crore, according to a recent report by Mavenark.
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Northern Arc Releases Sustainability Report Showcasing ESG Integration and
Updated : 1 year, 4 months ago IST
Chennai (Tamil Nadu) [India], January 10: Northern Arc Capital (NACL), a leading diversified financial services firm, has released its inaugural Sustainability Report for FY2024, showcasing the seamless integration of ESG principles into its operations and highlighting its far-reaching impac
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Loan Office launches comprehensive range of Loan services to Serve MSME's
Updated : 1 year, 6 months ago IST
New Delhi [India], November 15: With MSME sector facing approximately USD 530-million credit gap and struggling with formal credit access due to insufficient documentation or collateral, Loan Office's loan initiative as the Loan DSA in Kolkata prompts important questions about how effectivel
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FinDoc Finvest Launches Digital Lending with Short-Term Personal Loans Pow
Updated : 1 year, 8 months ago IST
New Delhi [India], September 27: FinDoc Finvest, the Non-Banking Financial Company (NBFC) arm of FinDoc Financial Services, is pleased to announce its entry into digital lending in India with the launch of short-term personal loans with Roopya as its technology platform partner. This strateg
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