Search For "nbfc"
Finkurve Financial Services Limited (Arvog) Crosses Rs. 1,035 Crore+ AUM M
Updated : 1 day, 22 hours ago IST
Mumbai (Maharashtra) [India], March 12: Finkurve Financial Services Limited (BSE: 508954), among leading Tech-first Gold Loan NBFC, announced that the Company has crossed Rs. 1,035 crore+ in Assets Under Management (AUM) surged by nearly 10x compared to FY23, marking a significant milestone
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India's non-bank lenders seen growing faster than banks as AI transforms l
Updated : 2 days, 3 hours ago IST
India's non-bank financial companies (NBFCs) are expected to expand faster than traditional banks over the coming decade as lenders adopt artificial intelligence and expand into new loan segments, according to a research report by Nomura.
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Axis Max Life and Saarathi Finance Announce Strategic Partnership to Stren
Updated : 3 days, 21 hours 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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CreditAccess Grameen Advances Inclusive Growth With USD 75 Million Syndica
Updated : 4 days, 3 hours ago IST
Bengaluru (Karnataka) [India], March 10: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, 'CA Grameen', or the 'Company'), the country's largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has signed a syndicated social loan facility of USD 75 million, quali
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L&T Finance Launches 'Spoorthi' to Empower Women Entrepreneurs with Specia
Updated : 1 week ago IST
Mumbai (Maharashtra) [India], March 6: On the occasion of Women's Day, L&T Finance Ltd. (LTF), (formerly known as L&T Finance Holdings Ltd.), one of the leading Non-Banking Financial Companies (NBFCs) in the country, is proud to announce the launch of Spoorthi, a specialised program designed
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Finkurve Financial Services Limited (Arvog) gone live with Godrej Finance
Updated : 1 week ago IST
Mumbai (Maharashtra) [India], March 6: Finkurve Financial services Limited (BSE: 508954 / NSE: FINKURVE), among leading Tech-first Gold Loan NBFC, announced that the Company has gone live with a strategic co lending partnership with Godrej Finance Limited (GFL), a subsidiary of Godrej Capita
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Avanse Financial Services Rated 'IND AA/Stable' for Bank Loans & NCDs & 'I
Updated : 2 weeks, 1 day ago IST
Mumbai (Maharashtra) [India], February 27: Avanse Financial Services (Avanse), a leading education-focused non-banking financial company (NBFC) in India, today announced that India Ratings & Research (Ind-Ra) assigned 'IND AA/Stable' for Bank Loans & Non-Convertible Debentures & 'IND A1+' fo
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Airtel's NBFC capital infusion unlikely to impact its cash flows: Citi Res
Updated : 2 weeks, 1 day ago IST
The report noted that Bharti Airtel currently generates approximately Rs 600 billion in annual consolidated free cash flow (excluding spectrum costs). Additionally, Airtel has initiated the final 75 per cent call on its Rs 210 billion partly-paid rights issue. Citi Research stated that the p
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India's microfinance sector approaching "inflection point" as disbursement
Updated : 2 weeks, 2 days ago IST
The report highlighted that the recovery in disbursements was primarily led by NBFC-MFIs, which recorded 10 per cent QoQ and 27 per cent YoY growth by value. Banks also posted a sequential uptick of 13 per cent QoQ, though YoY growth remained negative. Small Finance Banks (SFBs) reported mod
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Bharti Airtel to inject Rs 20,000 crore in its NBFC to boost digital lendi
Updated : 2 weeks, 4 days 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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Credit Saison India Implements Pennant's pennApps Lending Factory to Drive
Updated : 3 weeks, 2 days ago IST
Hyderabad (Telangana) [India], February 18: Pennant Technologies, an agile and innovative financial technology company, today announced that its client, Credit Saison India, a fast-growing non-banking financial company (NBFC) backed by Tokyo Stock Exchange-listed Credit Saison Japan and an A
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Bajaj Finance Offers Instant Personal Loans with Quick and Easy Approval P
Updated : 3 weeks, 4 days ago IST
Pune (Maharashtra) [India], February 16: Bajaj Finance Limited, one of India's leading non-banking financial companies (NBFCs), continues to offer instant personal loans with quick and hassle-free approvals, enabling customers to apply for personal loan quickly and conveniently through its a
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