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Latest Articles in nbfc

RupeeRedee Captive NBFC ​​​​​FincFriends Closes Series B Funding Round With $1.1 Million

A captive NBFC of RupeeRedee has closed its second round of equity funding from existing stakeholders, Digital Finance International (DFI), a member of Finstar Financial Group headquartered in Russia

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Pre-Budget 2022-23 Expectations: What Fintech Industry Is Expecting

The fintech sector has asked FM Nirmala Sitharaman to also liberalise the tax system for financial sector startups in the upcoming Budget, arguing that it has enormous potential to promote financial inclusion and create massive job opportunities.

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LegalPay Partners With NBFC Jumbo Finance

The company plans to have more such partnerships this year as there is an increasing number of companies going under insolvency.

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FSBFL Files For Rs 2752 Crore IPO

Five Star has grown from 173 branches in 2019 to 268 branches as on September 30, 2021 across 126 districts in eight states and one union territory.

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Finding Capital: Where To Look If Banks Reject Your Small Business Loan Request

Non-banking lenders have re-emerged as a viable source of capital for small business owners, including women-owned businesses, as they typically tend to focus less on credit scores, and more on the financial health of the borrower looking for funding.

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RBI Bars Haribhakti & Co. LLP From Undertaking Audits For 2 Years

This order has been taken on account of the downfall on the part of the audit firm to abide by a specific direction issued by RBI with respect to its statutory audit of a Systemically Important NBFC

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LoanTap, launches first LIMITLESS Prepaid Cards in association with SBM bank and Rupay

The fast-growing start-up has witnessed a 120% growth in loan applications in the last 5 months and aims to offer over 450 million millennials financial empowerment with the new launch

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U GRO Capital to be listed on both stock exchanges

U GRO Capital’s fully paid-up 70,528,550 shares with a face value of Rs. 10 each, symbol UGROCAP and series EQ will be admitted to dealings on NSE

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Banks Vs Fintech - Competition Or Collaboration

The explosion in the Fintech sector over the last few years has created new opportunities for the financial services sector as a whole, with the focus shifting from competition to rather collaboration.

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Clix Capital Aims To Double Disbursal In FY22

The Gurugram-based NBFC had disbursed Rs 2,220 crore in 2020-21 and around Rs 4,000 crore in 2019-20

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