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How fintech regulations can further the financial inclusion agenda

Opinion

09 June, 2023

How fintech regulations can further the financial inclusion agenda

The emergence of fintechs seemed disruptive to the financial services industry, causing banks and the regulator to be cautious about ......

IIFL, Varanium back NBFC startup Finvu in seed round

Finance

06 July, 2022

IIFL, Varanium back NBFC startup Finvu in seed round

Cookiejar Technologies Pvt. Ltd, which runs non-banking financial company (NBFC) Finvu, on Wednesday said it has raised $2.5 million (around ......

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Certus Capital plans to raise up to Rs 1,500 cr for private credit investments

Infrastructure

25 April, 2022

Certus Capital plans to raise up to Rs 1,500 cr for private credit investments

Real estate-focused Certus Capital, founded by a former executive of global alternative investment firm KKR, plans to raise up to ......

Stingy banks, struggling NBFCs drive credit-starved commoners into pawning family gold

Finance

22 August, 2019

Stingy banks, struggling NBFCs drive credit-starved commoners into pawning family gold

Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season ......

Govt exempts NBFCs from debenture reserve requirements

Finance

19 August, 2019

Govt exempts NBFCs from debenture reserve requirements

India’s shadow lenders and listed companies who issue debentures will no longer have to maintain a certain level of redemption ......

Troubled mortgage lender Dewan Housing again misses debt payments

Finance

26 June, 2019

Troubled mortgage lender Dewan Housing again misses debt payments

Indian mortgage lender Dewan Housing Finance Corp Ltd (DHFL) said it had only been able to make a 40 percent ......

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Altico Capital looks to sell part of real-estate loan portfolio amid NBFC distress

Infrastructure

12 June, 2019

Altico Capital looks to sell part of real-estate loan portfolio amid NBFC distress

Non-banking financial company (NBFC) Altico Capital is considering selling a part of its real estate portfolio, two people in the ......

RBI asks non-bank lenders to appoint risk officers

Finance

17 May, 2019

RBI asks non-bank lenders to appoint risk officers

Indian shadow banks with more than 50 billion rupees ($714 million) in assets must appoint a chief risk officer, the ......

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Vivriti Capital set to make first close for alternative investment fund

Finance

16 May, 2019

Vivriti Capital set to make first close for alternative investment fund

Chennai-based Vivriti Capital Pvt. Ltd, which runs an online platform for institutional debt in India, aims to make a final ......

CDPQ to invest $250 mn in NBFC arm of Edelweiss

Finance

05 March, 2019

CDPQ to invest $250 mn in NBFC arm of Edelweiss

Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest about Rs 1,800 crore ($250 million) in the ......