UGRO Capital Completes Equity Capital Raise UGRO Capital Limited, a leading DataTech NBFC specializing in MSME lending, has completed an equity capital raise and allotted...

MSME

UGRO Capital successfully completes equity capital raise

Pravesh Kumar Mishra - 18/06/2024 0

UGRO Capital Limited Completes Successful Equity Capital Raise UGRO Capital Limited, a leading DataTech NBFC focused on MSME lending, today announced the successful completion of...

NBFC

UBS asset management and Planet Tracker report on how energy transition solutions affect nature.

PJdesk - 18/06/2024 0

UBS asset management and Planet Tracker Release Report on Integrating Nature into Energy Transition Solutions In a new report titled "Climate Meets Nature," UBS Asset...

IPO

Akme Fintrade to Raise ₹132 Crore via IPO, Opens for Subscription on June 19

PJdesk - 18/06/2024 0

Akme Fintrade to Raise ₹132 Crore Through IPO Akme Fintrade (India), a prominent non-banking finance company, is set to raise ₹132 crore through an initial...

NBFC

Goldman Sachs: Why the Fed is still cautious about inflation

PJdesk - 15/06/2024 1

Goldman Sachs: According to Goldman Sachs inflation may not be cooling as quickly as some investors may think, says Anshul Sehgal, head of US Interest...

NBFC

Santander’s Zinia Secures Role as Exclusive Consumer Finance Provider for Apple in Germany

PJdesk - 11/06/2024 0

Santander's Zinia now provides consumer finance services for Apple in Germany Santander today announced that Zinia, its digital consumer finance platform, will become the new...

NBFC

The RBI is closely monitoring data related to unsecured retail loans.

PJdesk - 08/06/2024 0

The RBI news update RBI raised concerns about the rapid growth in unsecured retail loans and the over-reliance of NBFCs on bank funding, Governor Shaktikanta...

NBFC

Bajaj Housing Finance Board Greenlights IPO Proposal to Raise ₹4,000 Crore

PJdesk - 07/06/2024 0

Bajaj Housing Finance Bajaj Housing Finance announced that its board has approved an initial public offering (IPO) plan to raise ₹4,000 crore through a fresh...

NBFC

JPMorgan CEO Jamie Dimon Reportedly in Line for Knighthood in the U.K. Through Rishi Sunak’s Honors Nominations

PJdesk - 07/06/2024 0

JPMorgan CEO Jamie Dimon Reportedly in Line for Knighthood With JPMorgan CEO Jamie Dimon announcing plans to step down from his role within the next...

Bank

NPA Risk for Banks and NBFCs Could Rise Due to Delay in Over 40% of Infrastructure Projects

PJdesk - 30/05/2024 0

NPA Risk for Banks and NBFCs NPA Risk for Banks and NBFCs May Surge Amid Delays in 40% of Infrastructure Projects A recent report by the...

NBFC

Aditya Birla Group Surpasses Benchmark Indices reached $100-Billion Market Cap Milestone

PJdesk - 26/05/2024 0

Aditya Birla Group Reaches $100B Milestone Aditya Birla Group (ABG) firms reached a combined market capitalization of $100 billion, equivalent to Rs 8,51,460.25 crore. “The...

NBFC

Jio Financial intends to engage in a Rs 36,000 crore agreement with Reliance Retail

PJdesk - 25/05/2024 0

Jio Financial's Massive Retail Deal Jio Financial Services (JFS) is seeking approval from shareholders for its subsidiary to procure equipment valued at 360 billion rupees...

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About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

News PJdesk - 19/12/2024 0

According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...

NBFC

L&T Finance Limited and Amazon forge strategic partnership to revolutionize consumer lending

Mahindra Finance profit grows by 57% YoY to ₹ 369 crores

Mahindra Finance collaborates with Salesforce to digitize MSME lending

Mahindra Finance enters into a co-origination partnership with UGRO Capital Limited

Gold loans by banks and NBFCs are set to reach the Rs. 15 trillion mark by March 2027: ICRA

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