Rising Credit score Prices and NPAs Amongst Reasonably priced Housing Financers, ETCFO

Rising Credit score Prices and NPAs Amongst Reasonably priced Housing Financers, ETCFO

Credit score prices, gross NPA ratio of inexpensive housing financiers seen going up Credit score prices and gross non-performing belongings ratio of housing finance corporations working within the inexpensive housing phase is predicted to extend within the present monetary 12 months, based on a joint report by business physique Assocham and score company CareEdge. Gross…

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Vivriti Capital Plans Main Enlargement in Mid-Market Lending, CFO Information, ETCFO

Vivriti Capital Plans Main Enlargement in Mid-Market Lending, CFO Information, ETCFO

Srinivasaraghavan Badrinathan, CFO, Vivriti Capital By Siddhi NawarVivriti Capital is gearing up for operational enlargement throughout Indian cities because it doubles down on its tech-led mid-market lending technique. The seven-year-old fintech NBFC, which gained unicorn standing in 2022, plans to strengthen its on-ground presence by establishing core capabilities in new places as a substitute of…

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Fintech entry cleared: Flipkart will get RBI nod for lending licence; plans for NBFC rollout nonetheless underneath wraps

Fintech entry cleared: Flipkart will get RBI nod for lending licence; plans for NBFC rollout nonetheless underneath wraps

Flipkart has acquired a lending licence from the Reserve Financial institution of India, paving the way in which for direct financing to clients, although the ecommerce agency is but to reveal operational particulars.The Walmart-backed firm confirmed on Thursday that it had secured a Non-Banking Monetary Firm (NBFC) licence from the RBI, with sources indicating the…

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