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Trends
Auxilo Finserve Achieves Rs 174 Cr Revenue and Rs 26 Cr Profit in FY23
Auxilo Finserve Achieves Rs 174 Cr Revenue and Rs 26 Cr Profit in FY23 Auxilo Finserve, an education-focused non-banking financial…
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Finance
MSME lender Red Fort Capital raises Rs 11.5 crore debt fund to boost small business portfolio
MSME lender Red Fort Capital raises Rs 11.5 crore debt fund to boost small business portfolio: Red Fort Capital, an…
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Money
Fintech is driving change in India’s lending landscape in sub-urban regions
India’s ambitious goal of becoming a $5-trillion economy by 2025 requires robust access to capital for its growing number of…
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Trends
ZestMoney Founders To Leave Company After PhonePe Deal Fails
ZestMoney Founders To Leave Company After PhonePe Deal Fails ‘We have been thinking about this for the last few…
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Trends
Jupiter, An Indian Neobanking Company, Rejoices As The RBI Grants It An NBFC Licence.
A neobanking startup, Jupiter, has received a non-banking finance company licence from the (RBI), allowing it to disburse credit from…
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Trends
ED Filed Chargesheet Against Entities Like Razorpay, NBFCs, And Other Fintech Companies Which Are Connected With A Chinese Loan App Case.
ED Filed Chargesheet Against Entities Like Razorpay, NBFCs, And Other Fintech Companies Which Are Connected With A Chinese Loan App…
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Trends
ED seized assets worth Rs 50 crore from the Salarpuria Sattva Group.
The inspection by ED is viewed as part of an ongoing investigation categorized under the Prevention of Money Laundering Act,…
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Trends
Borrowers have some rights in the event of a loan default.
The death of a 27-year-old pregnant lady in Hazaribagh, Jharkhand, shocked not just the banking community but also the regulator.…
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Trends
NBFC and banks are going to issue bonds worth ₹30,000 crores. Why companies and banks are turning to bonds for collecting their funds?
Banks and non-banking financial companies (NBFCs) are expected to issue bonds totaling more than 30,000 crores to raise money at…
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Trends
RBI rules may force fintech firms to leverage NBFC operations
The current digital lending rules issued by the Reserve Bank of India (RBI) have increased pressure on new generation lending…
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