Topics: Loan

IDBI signs co-lending agreement with U GRO Capital

BSE listed lending fintech platform for MSME, UGRO has signed a co-lending agreement with IDBI Bank to provide formal credit to underserved MSMEs at...

Yocket facilitates students with Rs 1000 Cr of financing to study abroad

Mumbai based edtech platform, Yocket has said that "It has helped with 1000 Cr of financing to more than 2500+ students and working professionals...

mPokket names Vikram Singh as Head of Product

mPokket, an India-based instant loan provider app for college students and young professionals has appointed Vikram Singh as their new Head of Product. Vikram will...

Interview with Lalit Mehta, Co-founder of Decimal Technologies

In an interview with TechGraph, Lalit Mehta, Co-Founder of Decimal Technologies said, "When it comes to SME digital lending, we have barely scratched the...

Poonawalla Fincorp inks deal with ICSI to offer Special term loans for its members

Poonawalla Fincorp, a Mumbai-based non-banking financial company (NBFC) has signed a memorandum of understanding with the Institute of Company Secretaries of India (ICSI) to...

CredAble names Ranjit Singh as EVP & Credit Head

India-based leading working capital platform, CredAble has announced the appointment of Mr. Ranjit Singh as EVP and Head of Credit.  Ranjit has extensive and diverse...

Decimal Technologies partners with Ujjivan Small Finance Bank to digitise loan process

Mumbai-based fintech company Decimal Technologies on Monday announced its partnership with Ujjivan Small Finance Bank (USFB) to digitize its loan sourcing. "As a part of...

Capital Float, Razorpay to offer BNPL solutions to 100K online businesses

India-based Buy Now Pay Later (BNPL) solution provider Capital Float has announced its partnership with Razorpay to extend its BNPL solutions — walnut 369...

Three Wheels United, Piaggio joins forces to promote the adoption of electric three-wheelers in India

Bengaluru-based light electric vehicles financier, Three Wheels United (TWU) has announced its partnership with Piaggio Vehicles to accelerate the adoption of electric three-wheelers in...

How Fintech Platforms are Transforming Lending Services?

Fintech platforms have disrupted traditional financial service providers with their advanced technology solutions by making them available to the masses. Traditional banking systems are...

U GRO Capital, Bank of Baroda launches Rs 1,000 Crores Co-lending Program for MSME

Mumbai-based U GRO Capital has announced its partnership with Bank Of Baroda (BoD) to launch a Rs 1,000 crore co-lending program for Micro, small...

Mahindra Rural Housing Finance scores strategic partnership deal with India Post Payment Bank

Mahindra Rural Housing Finance Limited (MRHFL), a subsidiary of Mahindra and Mahindra Financial Ltd, and India Post Payments Bank (IPPB) today announced a strategic...

U GRO Capital expands its network in Gujarat, plans to support 10,000 small business by March 2022

In addition to 5 new branches in the state, India-based leading small business lender U GRO Capital has announced the expansion of its network...

U GRO appoints Amit Gupta as Chief of Treasury

A private lending platform for small businesses, U GRO Capital has announced the appointment of Amit Gupta as Chief Treasury Officer. "In this role, he...

Ashok Chavan: Maharashtra to borrow Rs 15,000 crore in loan from ADB for road works

Maharashtra PWD Minister Ashok Chavan on Monday said, "The Govt will borrow a loan of Rs 15,000 crore from Asian Development Bank (ADB) for...

Medanta gets Rs 100 crore loan from ADB to fight COVID-19

Hospital chain Medanta has received Rs 100 crore from Asian Development Bank (ADB) to purchase healthcare services and medical equipment. ADB in its statement said,...

BharatPe raises $108 mn in Series D equity round

India-based fintech startup BharatPe has raised $108 million in a Series D equity round led by existing investor Coatue Management. The round also saw the...

IIFL Home partners with ICICI Bank for affordable housing & MSME loans

Leading private lender, IIFL Finance has said, "It's home loan subsidiary IIFL Himes has partnered with ICICI Bank to provide affordable housing loans and...

Actor Sonu Sood raises Rs 10 crore in loan from Standard Chartered Bank

Bollywood actor Sonu Sood has reportedly mortgaged his eight properties in Mumbai to raise Rs 10 crore in loan from Standard Chartered Bank. According to...

Pakistan looks for $2.7 bn loan from China to fund CPEC Projects

Pakistan on November 13, said, "It will ask for $2.7 billion in loan from China to fund the construction of Package-I of Mainline-1 project...

Interview: Gaurav Jalan of mPokket says, “We do not restrict our service to a limited number of cities or colleges”

While speaking with TechGraph, Gaurav Jalan, Founder & CEO of mPokket said, "Like other instant apps we do not restrict our services to a...

Capital Float finances Rs 400 crores of consumer purchases

Capital Float on Monday said, that it has financed customer purchases worth Rs 400 crores during the pandemic. In a statement issued, the company said, ...

Interview: Sameer Aggarwal Founder of Revfin says, “Lending sector has seen a disproportionate impact during COVID-19′

In an interview with TechGraph, Sameer Aggarwal, Founder & CEO of Revfin said, "This (COVID-19) crisis has impacted most of the economy but the...

ZestMoney launches Pay Later service for Apple customers in India

India based Ai-driven EMI financing and Pay Later company, ZestMoney has announced the launch of its By Now and Pay Later service for Apple...

ICICI Bank to use satellite data for credit assessment of farmers

India leading private bank, ICICI Bank on Tuesday said, "It will use satellite data - imagery from Earth observation satellites, to access credit-worthiness of...

Muthoot Finance partners with Kotak Mahindra General Insurance to offer complimentary COVID-19 insurance to its gold loan customers

Leading private lender Muthoot Finance Limited has announced its partnership with Kotak Mahindra General Insurance to offer complimentary COVID-19 insurance cover for its gold...

Indian Bank cuts interest rates on gold loans for Farmers

India leading public sector lender, Indian Bank has said, "With effect from July 22, 2020, Agricultural Jewel Loans are sanctioned at 7 percent fixed....

Interview: Muthoot Finance Dy MD Alexander George says, “Monthly customer transactions double to 8.25 lakh”

In an interview with TechGraph, Alexander George Muthoot - Deputy Managing Director of Muthoot Finance, said: "We have witnessed doubling of monthly customer transactions...

Instamojo launches ‘InstaCash’ to help pandemic hit MSMEs

Bengaluru based fintech startup Instamojo has announced the launch of 'InstaCash'a working capital product for merchants selling on its platform. In a statement issued, Instamojo...

Microfinance lender Satin Creditcare to raise Rs 120 crore through rights

Gurugram-based Microfinance lender Satin Creditcare Network Ltd (SCNL) is reportedly planning to raise to Rs 120 crore through a rights issue of shares. In a...

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