Pune (Maharashtra) [India], November 29 (ANI/BusinessWire India): Micro SME focused fintech startup 4Fin has announced that it has raised strategic seed funding of USD 1M.
RBI Deputy Governor M. Rajeshwar Rao made the remarks while delivering the keynote address at the launch of MFIN's India Microfinance Review in Mumbai on Friday.
Pune (Maharashtra) [India], October 22 (ANI/BusinessWire India): Bajaj Markets, a subsidiary of Bajaj Finserv and Flexiloans, an NBFC offering loans to small and medium-scale businesses together, have announced special offers on loans for aspiring entrepreneurs, this Diwali. The offer helps business loan applicants avail 50 per cent off on the processing fee of their Flexiloans business loans through Bajaj Markets.
Pune (Maharashtra) [India], October 20 (ANI): Bajaj Finance on Thursday posted an 88 per cent jump in its net profit to Rs 2,781 crore during the quarter ended September 30, against Rs 1,481 crore in the year-ago period.
Mumbai (Maharashtra) [India], October 18 (ANI): Fintech firm Cygnet on Tuesday said it has received in-principle approval from the Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC) account aggregator.
Pune (Maharashtra) [India], October 17 (ANI/NewsVoir): Bajaj Finance Limited, the lending and investment arm of the Bajaj Finserv Group, announced a revision to their gold loan interest rate. The lender now offers secured gold loans starting from 9.50% p.a.
Pune (Maharashtra) [India], October 17 (ANI/NewsVoir): Technological advancements in the lending field and rising demand for digital instant loans have made insta personal loan offers more appealing and popular.
Pune (Maharashtra) [India], September 29 (ANI/NewsVoir): One of the many ways to prioritise your financial security is investing. You should invest your money to fend off inflation, increase wealth, or pay for future expenses. It is essential to have a balanced mix of high-yield, riskier investments and moderate-risk, low-yield securities while building your portfolio. Doing this allows you to make money regularly, even when the economy is bad. The best issuers offer competitive FD rates and prudent investing. This can quickly increase your cash; fixed deposits make sense as a low-risk choice.
Mumbai (Maharashtra) [India], September 23 (ANI): The Indian stock market's key indices, Sensex and Nifty, slumped by nearly two per cent on Friday leading to an erosion of over Rs 4 lakh crore of investors' wealth amid weak global cues after the US Federal Reserve signalled an aggressive increase in interest rate to control inflation.
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