by OverviewFX | Aug 27, 2024 | Banking & Finance
Gurugram, Haryana, India (NewsVoir) India Shelter Finance Corporation Limited, a one of the premier housing finance companies announces that ICRA Limited has upgraded the credit ratings of its Non-Convertible Debentures (NCD) and term loans. The rating for India...
by OverviewFX | Aug 27, 2024 | Banking & Finance
Cobranded credit cards are expected to account for about 25% of the Indian credit card market in terms of issuances by the end of FY28, growing at a compound annual growth rate of 35-40%, according to a report by fintech startup Hyperface and consultancy firm...
by OverviewFX | Aug 27, 2024 | Banking & Finance
BENGALURU -Indian non-banking lender Shriram Finance plans to raise up to $1.5 billion from the overseas market in the current fiscal year in a bid to diversify its borrowings, its chief executive told Reuters on Tuesday.”We are targeting to raise anywhere...
by OverviewFX | Aug 27, 2024 | Banking & Finance
Growth in small finance banks (SFB) is expected to slow down by a few percentage points to 26% this fiscal, from 28% in previous fiscal, as these banks are likely to explore alternate non deposit avenues to fund credit growth, said a report by Crisil.This estimates...
by OverviewFX | Aug 27, 2024 | Banking & Finance
Convin, an AI-powered conversation intelligence platform, has raised $6.5 million in a funding round led by India Quotient.The money will be used for expanding the Bengaluru-based company’s core team and distribution channels, its chief executive, Ashish Santhalia,...
by OverviewFX | Aug 27, 2024 | Banking & Finance
Private sector lender Yes Bank, has entered into a co-lending partnership with Newtap Finance to provide personalised financing solutions to creditworthy individuals on CRED.Dreamplug Technologies Private Limited (DTPL), which operates CRED, will serve as the Lending...
