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.
New Delhi [India], May 6: Esteemed NBFC (Non-Banking Financial Company) advisor and Chartered Accountant, Manish Mishra, Founder of GenZCFO, and CA Manoj Singh, today announced the launch of his highly anticipated book, "Sahukari to Digital Lending: A Comprehensive Guide to India's Evolving
Mumbai (Maharashtra) [India], May 6: Microfinance Industry Network (MFIN) today launched "ASCEND - The Education and Advancement program in microfinance" Programme, an online initiative to build professional capability, promote responsible lending, and enhance customer protection in India's
Gujarat [India], May 5: Surat-based IBL Finance Limited, a leading company known for providing fast and easy loans using technology and data science, has informed the stock exchanges that it has achieved the milestone of over Rs. 100 crore in Assets Under Management (AUM) and is progressing
Non-Banking Financial Companies (NBFCs) are growing at a higher rate than India's overall economic growth and it is expected to continue its growth at a faster pace according to a new report released by Mavenark Advisors.
New Delhi [India], April 26: Direct Credit, a fast-growing name in India's financial services landscape, was honored with the title of 'Leader in Customized Lending Solutions' at the recently held Viksit Bharat 2047 - Vision of New India Conclave, organized by Bharat24. The prestigious event
Manila [Philippines] / Hyderabad (Telangana) [India], April 24: Pennant Technologies, an agile and innovative financial technology company, today announced its client, UNO Digital Bank, has successfully deployed and integrated pennApps Lending Factory's Loan Management System (LMS) in to its
Emirates NBD's Profit before tax rose 56 per cent to AED7.8 billion in the first quarter of 2025 as strong lending momentum, an improvement in deposit mix and new products drove an 11 per cent year-on-year increase in income.
Noida (Uttar Pradesh) [India], April 15: ACT21 Software, a pioneering force in financial technology, has received the prestigious Best Risk Management Implementation Award for its innovative collaboration with one of the top three lending institutions in India. This honor was presented by IB
Mumbai (Maharashtra) [India], April 11: UGRO Capital Ltd., a leading DataTech NBFC focused on MSME lending, has released the 3rd MSME Sampark Report - a semi-annual report that is prepared in partnership with Dun & Bradstreet. The 3rd edition highlights that 64% of MSMEs have resumed act
Mumbai (Maharashtra) [India], April 9: Piramal Finance Limited (formerly known as Piramal Capital & Housing Finance Ltd.), a leading Non-Banking Financial Company (NBFC), has partnered with ICICI Bank to improve credit accessibility for middle and low-income borrowers, especially in rura