Browsing: NBFC

Aditya Birla Housing Finance Limited (“ABHFL”), a fully owned subsidiary of Aditya Birla Capital Limited, has announced the launch of…

One of India’s largest retail financing Non-Banking Finance company has successfully priced a USD 750 million Fixed Rate Senior Secured…

Karnataka Bank and Clix Capital, a non-bank lender, have entered into a strategic digital co-lending partnership through Yubi Co.lend Platform.…

Shachindra Nath, Founder and Managing Director of U GRO Capital, commented on the collaboration, saying, “This transaction is proof of U GRO Capital’s ability to forge partnerships with and attract funding from reputed global DFIs. We share a common vision of financial inclusion with impact funding organizations and are excited to collaborate with FMO to meet the diverse financial needs of India’s underserved MSMEs. Impact investors are critical funding partners in enabling us to bridge India’s massive credit gap in the MSME sector, and we will continue to leverage our technology and credit expertise to service MSMEs across the spectrum via our multi-channel distribution model.”

The five-month intense program includes mentorship from domain experts on Risk, Operations, Governance, and Technology. It is structured to encourage and facilitate peer learning, reviews and networking through a blend of in-person, virtual and individualized sessions. 

Manappuram Finance has entered into a Memorandum of Understanding (MoU) with construction equipment manufacturer JCB India Ltd to finance the…

Satin Creditcare Network Limited (“SCNL”), a leading microfinance institution in India, recently announced the appointment of Bhuvnesh Khanna as the…

The partnership aims to enhance healthcare affordability and accessibility for customers and further address the growing need for convenient and quality healthcare services among homeowners and their families.

Paytm announced a partnership with Shriram Finance Limited to offer financial services to its users including loan products. Through this partnership, Shriram Finance’s products will be made available on Paytm’s platform digitally to further expand access to credit and drive financial inclusion in the country, Shriram Finance said in a press release. 

Dinanath Dubhashi, Managing Director & CEO of L&T Finance Holdings Ltd. said, “Our Lakshya is to become a top-class, customer-focused, digitally-enabled retail finance company by 2026, or even before that. In line with the same, we are consistently working upon engaging our customers with products that are suited to their requirements and at the same time, are available when they need them. WRF is one such offering from our end which promises quick disbursement and flexible repayment with no foreclosure charges.”