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Search result for 'msme lending'

New Delhi, Oct 16...

DFC Commits USD 40 Mn to UGRO Capital for MSME Funding

October 16, 2024 19:25
DFC has committed USD 40 million to UGRO Capital to support small businesses in India. This loan will help bridge the credit gap in the MSME sector and empower women-owned enterprises.

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Mumbai, Oct 16...

HDFC Bank Opens First Branch in Singapore

October 16, 2024 18:43
HDFC Bank has opened its first branch in Singapore, offering wholesale banking services. The bank also has branches in Hong Kong, Bahrain, Dubai, and GIFT City.

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Kolkata, Sep 11...

Consumption Loan Portfolio Up 15% to Rs 90 Lakh Cr in FY'24: Report

September 11, 2024 16:20
India's consumption loan portfolio grew by 15.2% YoY to Rs 90.3 lakh crore as of March 2024, driven by personal loans, two-wheeler loans, and a rebound in NBFCs.

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Mumbai, Aug 22...

RBI Urges Lenders to Support MSMEs: Empathetic Approach Key

August 22, 2024 13:32
Reserve Bank Deputy Governor calls for empathetic approach towards MSMEs, urging lenders to provide restructuring options and tailored support to aid growth and global competitiveness.

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New Delhi, Jun 18...

UGRO raises Rs 1,265 cr as equity capital

June 18, 2024 18:58
UGRO Capital, an MSME lending NBFC, successfully raised Rs 1,265 crore in equity capital through CCDs and warrants, backed by Samena Capital.

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Mumbai, Jun 11...

SBI Focuses on MSME Loans for Growth - Digital Lending in 45 Minutes

June 11, 2024 16:01
SBI unveils 'SME Digital Business Loans' with 45-minute approval, aiming to boost MSME lending and profitability over the next five years.

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New Delhi, May 2...

Ugro Capital Acquires Fintech Firm MyShubhLife for Rs 45 Cr

May 2, 2024 19:49
Ugro Capital has acquired MyShubhLife, an embedded finance fintech platform, for Rs 45 crore. The acquisition is expected to enhance Ugro's MSME lending capabilities.

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New Delhi, Dec 25...

InCred Becomes Unicorn After USD 60 Million Funding

December 25, 2023 18:26
Fintech firm InCred has achieved unicorn status after securing USD 60 million in funding, led by Ranjan Pai of MEMG. The investment will fuel expansion across consumer, student, and MSME lending.

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