New Delhi [India], December 6 (ANI/SRV): Founded in 2019, the finance and management consultancy firm FinGuru has successfully catered to over 50+ brands and organizations in the last 3 years.
Pune (Maharashtra) [India], November 29 (ANI/BusinessWire India): Micro SME focused fintech startup 4Fin has announced that it has raised strategic seed funding of USD 1M.
NBFCs, where mortgages are spread across a range of lenders from dedicated housing finance companies to consumer finance firms, saw loans a rise of 18.8 per cent to Rs 3.03 lakh crore, the S and P Global Market Intelligence said in a statement on Sunday.
New Delhi [India], November 26 (ANI/GPRC): Seeds Fincap Pvt Ltd, one of the fastest-growing NBFCs, has opened its 51st branch at Samastipur, Bihar on 26 Nov 2022.
Mumbai (Maharashtra) [India], November 22 (ANI/NewsVoir): Andromeda Loans proudly announces that it has reobtained ISO certification for the optimal management of its information security under ISO 27001:2013, in September 2022.
Mumbai (Maharashtra) [India], November 22 (ANI/NewsVoir): India's leading credit-led, AI-driven financial wellness platform, CASHe, today announced that its wholly-owned NBFC, Bhanix Finance & Investment Ltd. (BFIL) has been assigned a [ICRA] BBB (Stable) credit rating from ICRA.
Kochi (Kerala) [India], November 14 (ANI/PNN): KLM Axiva Finvest, one of the leading Gold Loan NBFCs, announced its Q2 results for FY 22-23. The company posted a profit of Rs 15.51 crore in the second quarter of FY 22-23. The profit for the same quarter last year was Rs 9.03 crore. The PAT f
New Delhi [India], November 9 (ANI/NewsVoir): Moneyboxx Finance Limited - a BSE-listed NBFC that provides small-ticket business loans to micro entrepreneurs in Tier-III cities and below, secured Rs 50 crores term loan from SBI for a period of 4 years.
New Delhi [India], October 28 (ANI/NewsVoir): Dia Vikas Capital Pvt. Ltd., the India based subsidiary of Opportunity International Australia Limited has exited from the RBI registered NBFC-MFI SATYA MicroCapital Ltd. Dia was the initial institutional investor in SATYA.
The MFI's total income rose 31 per cent year-on-year to Rs 814.3 crore from Rs 618.6 crore in the corresponding quarter the previous year. Its net interest income increased 39.9 per cent to Rs 516.2 crore from Rs 368.9 crore in the year-ago period. However, impairment of financial instrument
Pune (Maharashtra) [India], October 22 (ANI/BusinessWire India): The Board of Directors of Poonawalla Fincorp Limited, a non-deposit taking systemically important NBFC focusing on consumer and MSME finance, today announced its unaudited financial results for the quarter ended Sep 30, 2022.