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Latest Articles in nbfc

NBFC Moneyboxx Records Over 100% YoY Increase In Revenue

In Q4 FY22, the company posted record quarterly disbursements of Rs 146 crores, plunged around 212 per cent compared to Q4 FY22 and registering sequential growth of 45.9 per cent over Q3 FY23

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IKF Finance Crosses Rs 2000 Cr Of Assets Under Management

IKF Finance announces that its Assets Under Management have crossed Rs 2000 crore. It was established in 1991. is an asset financing NBFC and holistic finance provider for the commercial vehicle industry

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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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