Non Banking Financial Companies

Adventum Student Living Raises Additional $5 Million Led By Cornerstone Ventures and Existing Investors

24/04/2023

Adventum Student Living (ASL), the holding company of the brands UniAcco, UniCreds and UniScholars, said it will use the funds to expand its presence internationally and enhance its product suite to manage the complete student lifecycle from application to...

What Is NBFC And What Does It Mean To Indian Economy?

20/03/2023

The Non Banking Financial Companies aka NBFCs have emerged as a crucial source of credit for small and medium-sized enterprises (SMEs), micro-enterprises and the informal sector in India as they have filled the gap left by traditional banks, which have been...

VFS Capital Plans To Raise Rs 1,500 Crore In FY'24 To Support Growth Plans

04/03/2023

The Kolkata-based NBFC-MFI recently raised around Rs 800 crore in the current fiscal year and plans to scale up its loan book to Rs 2,500 crore in the next fiscal year

Rezo.ai Launches AI-Driven ‘Collection Product’ For NBFCs

01/03/2023

The start-up’s pilot ‘Collection Product’ used a tailored and personalised approach to help a Financial services leader achieve a 10% jump in the collection efficiency of loans

MeitY Revokes Ban Orders From Digital Lending Apps Like LazyPay, Kissht

10/02/2023

The ministry began the process of banning 138 betting apps and 94 lending apps on Monday under Section 69 of the IT Act

Finezza offers digital lending platform to NBFCs with loan books below Rs 500 crore

08/09/2022

The subscription will be available to smaller finance players at a fixed fee for three years