Browsing: Finance

Mahaveer Finance raised Rs 200 crore in its first venture round led by Elevation Capital. The Chennai-based NBFC plans to expand its loan book, invest in tech, and diversify into products like LAP. With 80+ branches across South India, it targets Rs 5,000 crore in assets and Rs 100 crore monthly disbursals.

Mahaveer Finance raised Rs 200 crore in its first venture round led by Elevation Capital. The Chennai-based NBFC plans to expand its loan book, invest in tech, and diversify into products like LAP. With 80+ branches across South India, it targets Rs 5,000 crore in assets and Rs 100 crore monthly disbursals.

Reflecting on Success: CFO StraTech 2025 – Mumbai Concludes with Transformative Insights into Digital…

Al Ansari Financial Services PJSC, the UAE-based non-banking financial services provider, has launched its new business solutions centre, Al Ansari Financial Services Solutions Private Limited (AAFS Solutions), in Hyderabad, India.

The proposal, which was sent to the finance ministry last month, suggests lending in rupees to non-residents can begin in neighbouring countries such as Bangladesh, Bhutan, Nepal and Sri Lanka, the sources said

The proposal, which was sent to the finance ministry last month, suggests lending in rupees to non-residents can begin in neighbouring countries such as Bangladesh, Bhutan, Nepal and Sri Lanka, the sources said

Tie-up to offer IPPB customers access to personal, business and property loans through ABCL’s digital platform

The Reserve Bank of India (RBI) is considering easing investment norms for regulated entities (REs) in alternative investment funds (AIFs), following earlier restrictions aimed at financial discipline. A draft proposal suggests capping a single RE’s contribution to an AIF scheme at 10% of its corpus, with a 15% ceiling for all RE investments in a scheme.

This marks the company’s largest fundraise, comprising primary capital infusion and secondary stake sales.

From cooling-off periods to app directories, the RBI’s Digital Lending Directions 2025, aim to reform India’s growing digital credit space and restore borrower trust.