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.
Pune (Maharashtra) [India], October 22 (ANI/BusinessWire India): Bajaj Markets, a subsidiary of Bajaj Finserv and Flexiloans, an NBFC offering loans to small and medium-scale businesses together, have announced special offers on loans for aspiring entrepreneurs, this Diwali. The offer helps
Mumbai (Maharashtra)/New Delhi [India], October 19 (ANI/BusinessWire India): Cyril Amarchand Mangaldas advised Vistaar Financial Services Private Limited (Vistaar); and its founders Brahmanand Hegde, and Ramakrishna Nishtala (Founders), on the proposed acquisition of a majority stake in Vis
Mumbai (Maharashtra) [India], October 18 (ANI): Fintech firm Cygnet on Tuesday said it has received in-principle approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC) account aggregator.