Search For "nbfcs"
RBI warns NBFCs: Avoid algorithm-based credit
Updated : 1 year, 10 months ago IST
Addressing a conference of heads of assurance of NBFCs held in Mumbai, Swaminathan J, Deputy Governor, RBI said that many NBFCs are increasingly turning to rule-based credit engines to accelerate the growth of their lending portfolios. He added with concern that while automation can enhance
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RBI's red flag on non-bank lenders raises volatility, Fitch says
Updated : 1 year, 10 months ago IST
The RBI recently clarified that NBFIs should comply with existing regulatory caps on disbursal of loans in cash to below Rs 20,000 (around USD 240). This compares to a higher Rs 200,000 cap on general cash transactions for individuals, which some lenders, the rating agency said, had adopted
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Hot MSME Growth: Top Undervalued Pick in NBFCs
Updated : 1 year, 10 months ago IST
New Delhi [India], May 16: UGRO Capital, a standout player in India's financial landscape, presents a compelling investment opportunity with its unique focus on empowering small and medium-sized enterprises (SMEs). The company's innovative approach, robust financial performance, and strategi
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Bureau Introduces 'Money Mule Score' to Tackle Rising Identity Theft in th
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], April 17: Bureau, a pioneering fraud and identity decisioning platform, has introduced 'Money Mule Score,' a cutting-edge solution that empowers financial institutions, NBFCs, and fintech companies to proactively detect potential money mules during user onboardi
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L&T Finance Ltd. Empowers Over 42 Lakh Community Members through the D
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], April 15: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) has empowered over 42 lakh community members so far though the 'Digital Sakhi' program which is a key initiative under Corporate Social Responsibility (CSR).
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Biz2X Strengthens the Footprint with Strategic Expansion; Takes a New 44,0
Updated : 1 year, 11 months ago IST
New Delhi [India], April 5: Biz2X, the digital lending SaaS platform and a subsidiary of Biz2Credit, today announced its presence in the National Capital Region - Noida with a 44,000 sq. ft. office. The company has also extended its footprint to Middle-East countries. This strategic expansio
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Begin the New Financial Year with FDs on Bajaj Markets
Updated : 1 year, 11 months ago IST
Pune (Maharashtra) [India], March 29: Bajaj Markets has tied up with several leading banks and NBFCs to offer a range of investment products, including fixed deposits. It is an ideal savings scheme for individuals looking for a fresh start to the new financial year. This facilitates improved
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CRISIL Upgrades Long-Term Rating of InCred Finance to 'CRISIL AA-/Stable'
Updated : 2 years ago IST
Mumbai (Maharashtra) [India], March 15: InCred Financial Services Limited (InCred Finance) - one of India's leading diversified NBFCs, that turned Unicorn last year, has another reason to celebrate!
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Mobicule launches pioneering fully secure Print to Post solution to intell
Updated : 2 years ago IST
Mumbai (Maharashtra) [India], March 14: Mobicule Technologies, a recognised player in phygital debt collection and a leading home-grown digital customer on-boarding company in India, has launched a pioneering secured single Click Print to Post solution, Phygital Notice to intelligently manag
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Gold Loan Searches Grow by 11.64% Reflecting Evolving Financial Needs &
Updated : 2 years ago IST
New Delhi [India], February 23: Techmagnate, a leading digital marketing agency, has released their latest report on Gold Loan Search Trends in India for FY'23.
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Bajaj Housing Finance unveils the 'DIY Home Loan' Application, transformin
Updated : 2 years, 1 month ago IST
Pune (Maharashtra) [India], February 14: Bajaj Housing Finance Ltd, one of the country's fastest growing housing finance companies, announced the launch of its 'DIY' application for Home Loans - an end-to-end digital journey to transform the customer experience.
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Karnataka Bank partners with Northern Arc Capital Limited (Northern Arc) n
Updated : 2 years, 1 month ago IST
Chennai (Tamil Nadu) [India], January 31: Karnataka Bank (KBL), a leading Private Sector Bank & Northern Arc Capital Limited ("Northern Arc"), one of India's diversified NBFCs and a financial services platform, have entered into a MOU, enabling the bank to offer customer-centric financia
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