New Delhi [India], October 3: 121 Finance Pvt. Ltd., India's largest independently owned NBFC-Factor, has announced a strategic acquisition of AcceptMyInvoice.com (AMI) for an undisclosed sum. This acquisition will strengthen 121 Finance's commitment to simplifying Trade Credit, while accel
Non-banking financial companies (NBFCs) are increasingly attempting to access funding sources beyond banks, such as through non-convertible debentures (NCD), commercial papers (CP), foreign currency borrowings (FCB) and securitisation, to continue their growth march, asserted Crisil Ratings.
Bangalore (Karnataka) [India]/ New York [US], September 30: Leading global AI-powered credit underwriting platform provider Scienaptic AI announced today that BharatLoan has completed implementation and is live on its credit BRE platform and Account Aggregator journey. This deployment is ena
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
Mumbai (Maharashtra) [India], September 27: Shriram Finance, a leading Non-Banking Financial Company (NBFC) in India, offers special benefits for senior citizens investing in Shriram Fixed Deposit. Senior citizens aged 60 and above will enjoy an additional interest rate of 0.50%* per annum (
New Delhi [India], September 27: RBI registered NBFC-MFI, SATYA Micro Capital Limited has successfully raised Rs 1000 Mn from Mizuho Bank Ltd. which is a subsidiary of Mizuho Financial Group, Inc. Expanding its lender base, it is for the very first time that SATYA has been backed by Mizuho B
New Delhi [India], September 26: Dugar Finance & Investments Ltd, established in 1987, is a RBI registered NBFC and the flagship company of the 1,500 cr in revenue Chennai-based Dugar Group. It is one of the largest family-owned NBFC in the country. Dugar Finance a leading vehicle financ
The Reserve Bank of India (RBI) has imposed monetary penalties on three non-banking financial companies (NBFCs) for regulatory lapses and non-compliance with various RBI directives.
New Delhi [India], September 13: Annapurna Finance Pvt. Ltd., one of India's leading Non-Banking Financial Companies and Microfinance Institutions (NBFC-MFI), has entered into a landmark partnership with British International Investment (BII), the UK's development finance institution and imp
Pune (Maharashtra) [India], September 13: With Onam around the corner, many people are gearing up for celebrations and planning how to make the most of the festive season. Amid the excitement of buying gifts, preparing special meals, and decorating homes, managing finances can sometimes prov
Pune (Maharashtra) [India], September 12: One of Kerala's most beloved festivals, Onam marks a time of abundance, prosperity, and new beginnings. It also offers an opportunity to welcome new blessings into your life. Embrace the latest technology this festive season by upgrading your handset
New Delhi [India], September 12: 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. This strategic move marks a significant milestone in FinDoc