Bank news, NBFC updates, RBI repo rate, digital banking, and financial institution coverage.
Pine Labs, a prominent fintech company, was fined INR 3.1 lakh by the Reserve Bank of India (RBI) for noncompliance with regulations pertaining to PPIs. Officials from the central bank issued a statement saying they discovered Pine Labs broke PPI rules by giving out full-KYC PPIs without doing the
As part of a reorganisation associated with the growth of its offshore businesses in Vietnam and India, National Australia Bank (NAB) is planning to eliminate approximately 170 positions. As part of a larger operational reset, the bank is reorganising its functions, which is leading to layoffs in the business banking
Kotak wants to expand its MSME lending and wealth management for the rich with this deal.
HDFC Bank shares fell sharply after Chairman Atanu Chakraborty resigned abruptly. The RBI confirmed no governance concerns, and Keki Mistry was appointed interim chairman, reassuring investors amid sudden leadership changes.
Bandhan Bank shares plunged up to 12% on 16 March 2026 amid reports that the promoter group is exploring a stake sale to facilitate investor exits. The sharp fall, accompanied by heavy trading volumes, made the stock one of the biggest losers in the banking sector during Monday’s trading session.
The Central Bureau of Investigation has questioned Jai Anmol Ambani, son of Anil Ambani, in a ₹228-crore bank fraud probe linked to Reliance Home Finance Limited. The agency is examining alleged loan irregularities and diversion of funds.
Shares of HDFC Bank declined sharply on 9 March 2026, falling more than 4% during intraday trading and touching a new 52-week low. The stock slipped to around ₹821.50 on the NSE as heavy selling pressure hit banking stocks across the Indian market. The fall in HDFC Bank’s
Indian microfinance firm Svatantra Microfin, led by entrepreneur Ananya Birla, has started early preparations for a potential initial public offering (IPO). The company has reportedly invited pitches from investment banks as it explores raising more than INR 3,000 crore through a public listing. While the IPO plan is still
Nearly three percent of Morgan Stanley's worldwide employees have lost their jobs. So, even if the investment bank had record yearly earnings in 2025, it still affected almost 2,500 people. Each of the three main areas of the company—investment banking and trading, wealth management, and investment
Fino Payments Bank shares recovered well from an early 14% fall to trade modestly up on 3 March, erasing all intraday losses. Shares fell on fears associated with Rishi Gupta's (the company's MD and CEO) detention. In morning trades, shares of Fino Payments Bank were trading
The digital lending landscape has undergone a massive transformation over the last decade. Borrowing money used to involve multiple trips to a physical bank branch and stacks of paperwork. Today, a few taps on a smartphone screen can initiate a credit transfer in minutes. This convenience is the primary reason
ZeroMobIt, a Hyderabad-based student mobility startup, today announced it has raised INR 1.5 Crore in a pre-seed funding round, led by prominent angel investors like Sandeep Varaganti (CEO, JioMart), Dr. Ashok Agrawal (SVP, Axis Bank), and HNIs. The funding will enable the startup to accelerate its AI-native technology development,
Roopya, a Saas-based startup, has raised ₹ 4 Crore in seed round led by Inflection Point Ventures.The capital infusion is set to accelerate the company’s mission of revolutionizing how financial institutions process credit through its superior no-code, AI-powered lending stack. The investment comes at a time when the Indian
Annapurna Finance Private Limited has secured a USD 100 million through syndicated multi-currency term loan facility, along with a USD 50 million greenshoe option. The facility, denominated in USD and JPY, marks a significant step in enhancing Annapurna Finance’s access to new currencies and international lenders, the facility structured
As part of its merger with Credit Suisse, UBS intends to lose a comparable number of positions in Switzerland. However, it also intends to hire as many as 3,000 people in India. On 11 February, the Swiss lender announced plans to increase its presence in Hyderabad by adding 2,
Fi Money, a once-celebrated star in India's neo-banking firmament, is undertaking a significant strategic pivot, moving away from its consumer-facing financial products to focus on a B2B model centered on Artificial Intelligence. The move, announced by co-founder and CEO Sujith Narayanan in a recent LinkedIn post, comes amid
Citizens and Infosys, a consulting and digital services firm for the future, have just announced their partnership. The Citizens Bank is among the most ancient and massive American financial organisations. With the help of Infosys, the bank's AI-first Innovation Hub will be launched in Bengaluru, India. Accelerating AI-driven
Reportedly, talks are underway between UPI and Ant International's Alipay+, a cross-border digital payment system, to facilitate UPI's continued international expansion by the Indian government and the Reserve Bank of India (RBI). Tourists from India would be able to use UPI with Alipay+-registered merchants abroad
This article has been contributed by Shelly Kwatra, Assistant Vice President - Investments, BlackSoil In recent years, the prospect of MSME lending in India has undergone a fundamental shift. Once driven largely by relationships, branch-level familiarity, or collateral availability, it has evolved into a far more data-driven and disciplined ecosystem.
From at least two local bidders, Prudential Financial Inc.'s India asset manager has received proposals. State Street Investment Management-backed Groww Asset Management Ltd and Edelweiss Asset Management have filed offers for PGIM India Asset Management Pvt Ltd, as per the current media reports. After witnessing little significant growth
StartupTalky presents Recap'25, a series of exclusive interviews where we connect with founders and industry leaders to reflect on their journey in 2025 and discuss their vision for the future. In this edition of Recap’25, StartupTalky speaks with Mr. Ranjan Agarwal, Chief Executive Officer & Co-Founder of
StartupTalky presents Recap'25, a series of exclusive interviews where we connect with founders and industry leaders to reflect on their journey in 2025 and discuss their vision for the future. In this edition of Recap’25, StartupTalky speaks with S. Anand, Founder & CEO of PaySprint, who reflects
Wio Bank and Pine Labs have reached an agreement for Pine Labs to construct an acquisition infrastructure for the digital bank located in the United Arab Emirates. Pine Labs stated in a filing with the exchanges that the forthcoming cloud-native platform will provide multi-mode payment acceptance at scale, real-time settlement
The United Forum of Bank Unions (UFBU) decided to go ahead with a statewide strike on January 27. The Union wants an immediate implementation of a five-day work week. Owing to this demand, the entire public sector banks' operations were impacted nationwide on 27 January. Following the failure of
Varthana Finance, a leading NBFC in the affordable education sector in India, has secured a series of strategic international debt financings to strengthen its mission of transforming affordable education and school infrastructure across India. The funding includes a USD 6 million loan from WaterEquity, along with USD 5 million NCD
The Reserve Bank of India granted the Payment Aggregator-Physical (PA-P) licence to Razorpay POS, the company's offline payment division. Razorpay POS can now function as an offline payment aggregator for in-store transactions thanks to this licence. The fintech stated that it now possesses three significant RBI licences, which
Intellend Technologies Advisors Private Limited, a fully digital and embedded lending technology platform focused on bridging India’s MSME credit gap, has raised $1.2 million (INR 10.6 crore) in a seed funding round. The round was led by Incubate Fund Asia, with participation from M Venture Partners, Atrium
On January 14, the Reserve Bank of India (RBI) gave Sumitomo Mitsui Banking Corporation (SMBC) of Japan "in-principle" approval to establish a wholly-owned subsidiary (WOS) in India. With four branches in Bengaluru, Chennai, Mumbai, and New Delhi, SMBC presently operates banking activities in India via branch format. With
The business world in 2026 looks a lot different. It's less about corner offices and more about AI, remote work, and connecting with very specific groups of people. This change has opened up many opportunities for anyone wanting to start their own business. You don't need
PhonePe Payment Gateway said on January 10 that it has introduced 'PhonePe PG Bolt' for Visa and Mastercard credit and debit card transactions. According to a statement from the firm, the technique makes use of device tokenisation to give PhonePe platform users and merchant partners a safe and
The Reserve Bank of India (RBI) granted Skydo, a cross-border payments technology, a full licence on 9 January to operate as a Payment Aggregator-Cross Border (PA-CB). The Bengaluru-based payments company said it will broaden its product offerings and increase coverage in more trade corridors with the full licence. Skydo can
Varthana Finance, a leading NBFC in the affordable education sector in India, has secured a USD 6 million loan from WaterEquity, a global asset manager exclusively focused on water and sanitation. The funding aims to expand access to safe water and sanitation in underserved school communities across India. The proceeds
- Banking services may be impacted for four days amid the January 27 Strike Call. - UFBU promises bank work hours won’t be reduced after the 5-day workweek. - Employees have agreed to work an additional 40 minutes per day.
- The Indian rupee opened the week at 90.24 (weakened) against the U.S. dollar. - Investors are withdrawing funds from the Indian market out of panic. - All eyes are on the RBI’s $10 billion dollar-rupee swap on January 13.
StartupTalky presents Recap'25, a series of exclusive interviews where we connect with founders and industry leaders to reflect on their journey in 2025 and discuss their vision for the future. In this edition of Recap’25, StartupTalky speaks with Mr. Manish Aggarwal, Founder and CEO of FINQY, on
The Reserve Bank of India (RBI) has announced fresh measures to inject INR 2.9 lakh crore into the banking system, aiming to ease tight liquidity conditions and calm bond markets ahead of the year-end. The move comes at a time when banks have been facing cash pressure due to
Signalling renewed market confidence and sector momentum, DJT Microfinance, one of India’s rapidly growing microfinance institutions committed to advancing financial inclusion, has secured funding of INR 130 crore from Public Sector Banks (PSBs) and leading Non-Banking Financial Companies (NBFCs). This strategic funding will support the company’s expansion plans
Startups, freelancers have been offered the smart tax tools that make things simple while filing taxes. These tools save time, enhance accuracy, and increase confidence during the final time when presenting taxes. Simple dashboards keep a record of income through bank accounts, just a fast way of marking deductible spending.
This article has been contributed by S. Anand, Founder & CEO, PaySprint India’s financial ecosystem is undergoing one of the fastest transformations in the world. What once required physical paperwork, manual verification, and fragmented systems is now being shaped by APIs, artificial intelligence, and integrated digital rails. As someone
Since 1999, Avendus Capital has provided advice on hundreds of transactions, and it has recently emerged as one of India's fastest-growing dealmakers by assisting up-and-coming IT tycoons in raising capital. The founders, Gaurav Deepak, Kaushal Aggarwal, and Ranu Vohra are now millionaires. Mizuho Financial Group Inc. announced on
The long-overdue employee compensation of INR 311.67 crore owed to M/s Kingfisher Airlines Ltd (KAL) has been facilitated by the Directorate of Enforcement (ED). The restitution comes after the recovery officer of the Debts Recovery Tribunal (DRT)-I, Chennai, issued an order on December 12, 2025, ordering the
Mizuho Financial Group Inc. is making its most recent wager on India's quickly growing financial services industry by purchasing a majority share in the investment bank Avendus Capital Pvt., which is backed by KKR & Co. The third-biggest bank in Japan announced on 17 December that a significant
A Gold Loan is one of the most trustworthy forms of borrowing in India, requiring minimal paperwork, quick disbursement, and the ability to unlock the value of your idle jewellery. Many households and businesses get timely financial relief through these funding options. However, the cost of borrowing largely depends on
ndia’s leading cross-border payments platform for exporters, has raised USD 10 million in Series A funding led by Susquehanna Asia Venture Capital, with participation from existing investor Elevation Capital. The Bengaluru-based company serves over 30,000 Indian MSMEs, freelancers, and startups across 50+ cities, processing payments in 32+ currencies.
BlackSoil Capital, one of the leading alternative credit NBFCs, today announced an equity infusion of INR 65 Crore from FMO, the Dutch entrepreneurial development bank, and Caspian Founder, S. Viswanatha Prasad. The capital raised will be deployed to strengthen BlackSoil Capital’s capital base and support the expansion of its
Gold has once again taken center stage in global financial markets, with the world’s top banks releasing bold price forecasts for 2026. Their projections suggest that gold could climb beyond ₹1.28 lakh per 10 grams in India next year, driven by massive central bank accumulation, monetary easing cycles,
Razorpay for Businesses, a payments and banking platform, announced on 2 December that it has obtained a Payment Aggregator-Cross Border (PA-CB) licence from the Reserve Bank of India (RBI). According to a business release, Razorpay is now one of a small group of fintech companies that are allowed to process
On November 28, HDFC Bank Ltd stated that the Reserve Bank of India (RBI) has levied an INR 91 lakh punishment. In a press release, the RBI noted violations of the Banking Regulation Act as well as failure to follow guidelines pertaining to interest rates, outsourcing, and Know Your Customer
MoneyAse, a Bengaluru-based fintech building a next-generation credit platform for India’s underserved and emerging borrowers, has raised its first pre-seed funding round. The investment comes from a Hong Kong-based strategic angel investor who has chosen to remain anonymous. The cross-border capital infusion marks a key milestone for MoneyAse, signalling
This article has been contributed by Mohar V, Co-founder and CEO, TECHVED If you’ve ever tried sending or receiving money overseas in the early 2000s, you’ll remember the struggle — long queues at the bank, tedious paperwork, and the nerve-wracking wait for funds to clear. Cross-border transactions were a
This article has been contributed by Jvalin Sethi, Co-Founder & Director, Tiger FinTech India’s payments stack has made the act of spending almost invisible. The new contest is for value clarity. In 2025, Indian cardholders are not swayed by theatrics or teaser vouchers so much as by whether a
This article has been contributed by Mr. Amit Nigam, Executive Director & CEO of FindiBANKIT Every financial inclusion initiative in India has followed the same playbook: build the infrastructure, expand the bank branches, deploy more ATMs, create better apps, and adoption will follow. Yet for decades, rural India remained stubbornly
India’s financial crime agency, the Enforcement Directorate (ED), has attached immovable assets worth INR 1,452 crore in connection with a money-laundering and loan-fraud investigation involving industrialist Anil Ambani and his associated group companies. With this latest action, the total value of properties provisionally attached in the case has
Deutsche Bank is exiting its retail business in India despite profitability. It's selling its Retail business, Portfolio and Wealth management...
If you want stable income and better liquidity from fixed deposits, combine an FD return calculator with FD laddering. This simple approach can transform a static FD into the best fixed deposit plan for your needs. By splitting your corpus across staggered maturities, you maximise FD returns while keeping cash
* Round also saw participation from India EXIM Bank and KITVEN * Funds raised to be used to accelerate product innovation, global market expansion and scale manufacturing of advanced next gen navigation * HRS Navigation’s platform easyNav has assisted surgeons in over 20,000 surgeries by helping them perform surgeries with enhanced
This article has been contributed by Amit Das, Founder & CEO, Think360.ai This year’s festive season opens with two clear tailwinds: GST 2.0 and the mainstreaming of EMIs for big-ticket purchases. The 56th GST Council meeting set the implementation date and phased roll-out across goods and services,
As the nation steps up attempts to establish itself as a global leader in artificial intelligence, OpenAI CEO Sam Altman reiterated the company's request on 7 November for the United States to increase eligibility for a Chips Act tax credit. Altman's statement comes after Chris Lehane,
In 2023, the corporation paid INR 417 crore to acquire a 3.53% share in RBL Bank as a treasury investment. M&M claims that it has gained 62.5% from the sale of its ownership in the bank. According to the exchange filing, the corporation is referring to
Receives Additional $3 Million Grant under GCF’s BEACON INDIA Programme to Support Early-Stage Climate Ventures Tata Capital Limited (TCL), the flagship financial services arm of the Tata Group, has announced its partnership with the Green Climate Fund (GCF) under the newly approved BEACON INDIA Programme, aimed at supporting early-stage
* Drip Capital’s total debt funding raised to date exceeds $500 million, supported by global partners including Barclays, World Bank’s International Finance Corporation (IFC), and East West Bank * The latest round of funding, led by Toronto-Dominion Bank, strengthens Drip Capital’s global platform for small and mid-sized businesses (SMBs)
Capital Small Finance Bank's Q2FY26 Gross Advances rise 17.7% Y-o-Y to ₹7,907 crore; Deposits up 19.8% Y-o-Y to ₹9,317 crore; Profit After Tax at ₹35 crore.
Running a business successfully requires both vision and capital. Whether you want to expand operations, upgrade equipment, or manage working capital, access to timely finance plays a crucial role. If you are a business owner looking for an INR 10 Lakh Business Loan, understanding the process and eligibility can help
This article has been contributed by Mr Rohit Pateria, CEO & Co-founder Lark Finserv India’s credit ecosystem is undergoing a seismic shift ,technology, data intelligence, and open banking are dismantling traditional barriers to financing. As digital lending matures from convenience to infrastructure, Lark Finserv stands at the forefront, enabling
This article has been contributed by Mr. Kaushik Chatterjee, Founder & CEO of lendingplate India's financial ecosystem is defined by sharp contrasts. On one hand, we have Unified Payments Interface (UPI) transactions, one of the world’s most progressive financial ecosystems crossing 20 million per month and digital
This article is contributed by authored By Satinder Aggarwal, Founder, EQBAC Corporate cash reserves typically sit idle, waiting for emergencies or major investments. But there's a growing recognition that these funds could serve a dual purpose: protecting the business whilst actively supporting employees through welfare programmes, performance bonuses,
Jio Financial Services Limited (JFSL) has posted strong growth in the second quarter of the financial year 2025-26, ending 30 September 2025, with consolidated total income rising to ₹1,002 crore, up 44% year-on-year. Net income from business surged fivefold to ₹317 crore, while profit after tax stood at ₹695
The payments bank is leveraging its digital payments capabilities to serve the nation through infrastructure-linked financial services Jio Payments Bank Limited (JPBL), a digital-first payments bank and a subsidiary of Jio Financial Services Limited (JFSL), has won a contract to implement the FASTag Automatic Number Plate Recognition (ANPR)-based MLFF
The Bombay High Court last week upheld the State Bank of India's (SBI) decision to label the accounts of Reliance Communications (RCom) as "fraud" and submit Anil Ambani's name to the Reserve Bank of India (RBI). On October 3, a panel of Justices Revati
JSW One Platforms Ltd., India’s leading tech-first B2B e-commerce marketplace, today announced the successful closure of its latest funding round, raising INR 575 crore. The round, initiated in May 2025, witnessed participation from marquee investors including the State Bank of India (SBI), Principal Asset Management, One-Up, International Conveyors Ltd.
IIFL Fintech Fund, India’s leading early-stage fintech focused fund, today announced a successful partial exit from its investment in FinBox, a credit infrastructure and embedded finance platform. The fund has delivered an impressive 5x Multiple on Invested Capital (MOIC) on the initial tranche, marking a significant milestone in its
State Bank of India (SBI), the nation's largest lender, wants to boost its asset size from the current 20% of the country's GDP to 25% by 2047 as it advances its goal of becoming a developed nation, or Viksit Bharat. This would also help the bank
On October 10, Canara HSBC Life Insurance Company will make its first public offering. On October 14, the initial public offering (IPO), which would be an offer-for-sale (OFS) of 23.75 crore shares, will close. A day before the debut, the company will provide anchor investors a portion of the
This article has been contributed by Manish Goyal, Chairman and Managing Director at Finkeda The peaceful villages and fields of rural India are gradually being disrupted, altering a way of life that has existed for hundreds of years. For so long, businesses in these areas were either reliant exclusively on
Simpl, a Bengaluru-based Buy Now, Pay Later (BNPL) fintech startup, has laid off approximately 100 employees following regulatory actions by the Reserve Bank of India (RBI). This move is part of a broader restructuring effort after the company was directed to halt its payment operations. RBI Orders Simpl to Cease
Given that most of India is going cashless, will charging on UPI payments make Indians revert to cash? Can UPI not be free forever? Learn more.
The Enforcement Directorate has searched six locations in Mumbai and Indore linked to Reliance Infrastructure and other ADAG firms over alleged FEMA violations. The probe focuses on loan diversions worth over INR 17,000 crore, with Anil Ambani already questioned and barred from traveling abroad.
For many years, Indian depositors looking for security and stability turned to fixed deposits (FDs). It was common practice to roll over FDs at maturity because it was thought that these investments yielded consistent returns. However, this strategy is being questioned in the current financial environment. The yields on top
On September 26, HDFC Bank Limited declared that the Dubai Financial Services Authority (DFSA) had formally instructed its Dubai International Financial Centre (DIFC) office to restrict the onboarding of new customers. The DIFC branch is prohibited from approaching or doing business with new clients who have not finished the onboarding
The RBI has ordered fintech startup Simpl to stop all payment operations for violating the PSS Act. This comes as the ED probes alleged FDI violations worth INR 913.75 crore. Already hit by layoffs and high cash burn, the BNPL firm working with 26,000+ merchants faces deepening troubles.
A new gold coin incentives feature has been introduced by Paytm (One 97 Communications Limited) for all transactions conducted through its platform, including bill payments, recurring payments, online purchases, money transfers, recharges, and Scan & Pay. Credit card and RuPay credit card payments made through UPI receive double gold coins,
Funding led by Lightspeed and Z47 along with participation from 8i Ventures ● Nearly 2 million users and over ₹100 crore in credit repayments processed ● Funds to fuel team expansion and product roadmap, evolving Oolka’s AI into a full-stack credit companion
BlackSoil Capital, the Non-Banking Financial Company of BlackSoil Group, has raised ₹210 crore in debt in the first half of 2025 (Jan to Jun). The fundraise highlights BlackSoil’s expanding role as a trusted alternative credit partner for India’s SMEs and high-growth businesses. Despite the ongoing NBFC crisis and
Customers can earn higher returns on their idle liquidity by auto-investing surplus savings in the ‘Growth’ plans of Overnight Mutual Funds^ directly through the JioFinance app
The Reserve Bank of India (RBI) has granted Walmart-owned fintech PhonePe full approval to function as an online payment aggregator (PA). This comes more than two years after the RBI granted PhonePe in-principle permission to function as an online payment aggregator in August 2023. With the approval, PhonePe will be
Airtel Payments Bank has introduced the Safe Second Account - a smarter, safer way to pay. It enables customers to keep their primary savings protected, while they freely use the Airtel Payments Bank savings account as their second account for everyday payment needs.
The fintech giant has revived its buy-now-pay-later (BNPL) product, Paytm Postpaid, as a credit line on UPI more than a year after it was put on hold. Paytm Postpaid, which was introduced in collaboration with Suryodaya Small Finance Bank, would allow consumers to obtain immediate short-term credit through the "
Between September 11 and 12, some registered merchants and users cheated the publicly traded fintech business MobiKwik out of INR 40 Cr. The business alleged in an exchange filing that certain users and merchants from a few Haryana regions conspired to obtain an "unfair monetary advantage" by stealing
Rising medical bills have become a worry for many Indian families, with treatment costs often stretching beyond savings. A sudden hospitalisation or surgery can arrive without warning, leaving households struggling to arrange money at short notice. A loan for medical expenses offers a practical way to handle such situations, giving
On September 15, the fintech company CRED, based in Bengaluru, announced Sovereign, an exclusive society for India's elite, which includes a custom 18-karat gold credit card with guilloché engraving. The CRED-IndusInd Bank RuPay Credit Card was also introduced by the corporation. With CRED Scan and Pay, this lifestyle-focused
This article has been contributed by Sarika Shetty, CEO and co-founder of RentenPe Every month, approximately 30% of India pay rent diligently, without fail. They have varied profiles – some are students, some new graduates while some are seasoned professionals with families. Rent, for them, is their biggest recurring expense. However,
Muthoot Finance, India’s largest gold loan NBFC, has raised USD 600 million from the international bond market through an External Commercial Borrowing (ECB) issuance. The funds will be deployed for lending activities, enabling Muthoot Finance to provide additional credit to customers across India. The issuance attracted strong global participation,
Easy Home Finance Limited (“Easy”), a leading tech native housing finance company in India, has availed long-term financing through NCD issuance with Franklin Templeton Alternative Investments Fund, India (Franklin Templeton AIF). This marks a significant step forward in Easy’s mission to accelerate access to affordable housing finance for underserved
Jewellery purchases, credit cards, booking tickets, and more have seen big changes in their daily UPI Limits. Here's the full list...
Starting and growing a business in India is highly rewarding, but one challenge every entrepreneur faces is arranging adequate funds to keep things running smoothly. This is where India’s Micro, Small, and Medium Enterprises (MSMEs) step in as true game-changers. With nearly 40 million MSMEs spread across both organized
In the event that US President Donald Trump's tariffs take effect, the Reserve Bank of India (RBI), as it has in the past, will intervene and offer financial assistance to the most severely affected industries to help them weather the storm, RBI Governor Sanjay Malhotra stated in Mumbai
In a regulatory filing, Bank of India, following State Bank of India, designated Reliance Communications' loan account as fraudulent and named its former director, Anil Ambani, on the basis of alleged fund diversion in 2016. Ambani retaliated against the Bank of India, claiming that its actions were biased and
The Reserve Bank of India (RBI) has approved a plan by Japanese lender Sumitomo Mitsui Banking Corporation to purchase up to 24.99% of the private sector lender, Yes Bank announced on 23 August. In the biggest cross-border investment in the Indian banking industry, the Japanese lender declared in May
CredRight, a Non-Banking Financial Company (NBFC) that bridges the credit gap for India’s smallest business owners, has raised $10 million in Series B funding led by Abler Nordic, marking its first investment from the new Fund V. Existing investors Michael & Susan Dell Foundation and Unleash Capital also participated
Brands like Magnum become instant favorites of people. The credit goes to the public relations team that works behind the scenes and creates mind-boggling marketing strategies and advertisements. These help the brand build its place in the market. And for Magnum, it's Unilever that is responsible for the