Latest Articles in nbfc
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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Rackspace Develops Cloud-Based Financial Services Platform For Clix Capital
Clix Capital's cloud-native financial services platform will become a mainstay of the modern NBFC economy as digital transformation initiatives gather pace in the next decade.
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LoanTap Witness120% Increase In Loan Applications
With a total of 58,131 loan applications between the months of January and May 2021, which was more than double the no. of applications during the same period in 2020, the company disbursed personal loans worth more than INR 1,050Mn.
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Moneyboxx Finance Aims To Triple Loan Disbursal To Rs 180 Cr In FY22
With the assets under management of Rs 62 crore, the company had disbursed loans of Rs 55 crore during the financial year ended March 2021
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Centrum And BharatPe Set To Create A New Age Bank
The SFB will be guided by the directions and timelines of the RBI on the amalgamation of Punjab & Maharashtra Co-Operative Bank Limited.
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"Partnerships Will Play A Critical Role In Market Growth" Nalin Agrawal, Co-Founder And CEO, Snapmint
In an interview with BW Businessworld, Nalin Agrawal, Co-Founder And CEO, Snapmint talks about financial products, NBFCs, marketplace, opportunities and the way forward.
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ZestMoney Expects To See Over INR 100 Crore Revenue In FY21
According to Research and Markets, with less than 3% of adults using credit cards, India has some of the lowest rates of penetration in consumer credit. Under traditional channels, the cost of distribution and operation is high, which could be one of the reasons for its low penetration.
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Ess Kay Fincorp Raises INR 337 Crore From Investors
Ess Kay is an unlisted, used vehicle and SME financier. With this round of investment, it will have raised a total of INR 1,000 crore thus far from marquee investors. For this round of funding, Spark Capital is acting as an exclusive financial advisor to Ess Kay.
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Fintech Start-up NIRA Partners With Muthoot Finance To Provide Personal Loans
Through this partnership, salaried clients can avail personal loan of a maximum of INR1 lakh from Muthoot by downloading the NIRA app available at the Google play store.
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