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IDFC Bank sells power sector loans worth ₹2,500 cr to EARC

IDFC Bank sold 12 power sector loans worth ₹2,500 cr to Edelweiss ARC at one-forth of the price to get ready for the merger

List of top 10 fintech startups focused on SME lending in...

The Indian government is pushing the SME industry in order to help this largely unorganized industry, that employs more than 70 million Indians. As...
money

Satin Creditcare to raise Rs 35 crore from finance firm Capital...

Satin Creditcare is raising about Rs 35 crore ($5.5 million) from non-banking financial company Capital First Ltd. It will allot 1.23 million optionally convertible redeemable preference shares at Rs 284.53 apiece to Capital First.