Search result for 'co-lending'

India's housing loan outstanding reached Rs 33.53 lakh crore in Q2FY24, a 14% YoY increase. NHB's report highlights growth drivers and regional disparities in credit flow.

Yes Bank's net profit jumped 147% to Rs 566.59 crore in Q2 FY25, driven by lower provisioning. The bank is targeting a 17-18% deposit growth and 13-14% loan growth in FY25 and is looking to acquire...

Arcelormittal Nippon Steel India aims to boost its colour-coated steel capacity to 10 lakh tonnes by 2026, aiming for a 27% market share. The company currently produces 7 lakh tonnes annually.

Bajaj Allianz General Insurance and HSBC India have partnered to offer insurance products and services to the bank's customers in India, providing personalized solutions and enhanced financial...

Jai Kisan, a rural fintech startup, has received RBI approval to acquire a majority stake in NBFC Kushal Finnovation Capital. The acquisition will enable Jai Kisan to offer customized financial...

SIDBI collaborates with C2treds and UGRO Capital to facilitate loans to MSMEs, boosting liquidity and supporting growth in the sector.

Sports tech platform Khelomore secures USD 2 million funding led by Clear Bridge Ventures and Eruditus to expand its reach and offer more sports venues.

Financial sector players urged the government for tax sops and removal of anomalies in the upcoming Budget 2024-25 to deepen the market. They also discussed capital gains tax and securities...

Former Financial Services Secretary D K Mittal suggests easing restrictions on Small Finance Banks (SFBs) to promote financial inclusion, saying most wouldn't seek universal bank status.

Co-lending model AUM nearing Rs 1 lakh crore, but RBI curbs on unsecured lending expected to slow personal loan growth. Read more about the impact on co-lending and asset classes.

NBFC co-lending AUM is nearing Rs 1 lakh crore, with personal loans accounting for a third of the AUM. The co-lending model allows banks and NBFCs to share risk and rewards.

IREDA and Punjab National Bank sign MoU to co-finance renewable energy projects in India, aligning with the country's ambitious green energy goals.

RBI Governor Shaktikanta Das urges banks to remain vigilant against rising risks, highlighting concerns like outlier growth in personal loans and NBFC exposure.

IIFL Finance reported a strong December quarter with a 29% rise in net profit to Rs 545 crore, driven by higher loan sales and interest income. Key loan segments like gold and home loans showed...

Digit Insurance introduces a comprehensive EV Shield add-on cover for electric and hybrid vehicles, addressing unique insurance needs of EVs. The cover offers protection against loss or damage to...

IREDA and Indian Overseas Bank have signed an MoU to co-finance renewable energy projects in India, aiming to provide robust financial support and streamline loan syndication.