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In October 2019, Home Credit India has tied up with The Karur Vysya Bank Ltd, a commercial bank having its head office at Karur, Tamil Nadu, India for joint lending. In 2019, the company was preparing IPO in Hong Kong , however it was scrapped after investors estimated the value between 5 and 7.5 billion euros, whereas shareholders were ...
The company was founded in July 2007 as Fullerton India Credit Co. Ltd. In December 2021, SMFG, a Japanese financial holding company that owns Sumitomo Mitsui Banking Corporation and SMBC Trust Bank, purchased a 74.9% stake in Fullerton India, while the remaining 25.1% stake was held by Fullerton Financial Holdings, a Singaporean investment company owned by the Government of Singapore.
Satin Creditcare Network Limited is a non-banking finance company (), licensed by the Reserve Bank of India.It was founded in 1990 by Mr. H P Singh. [1] The company's offers financial requirements for excluded households at the bottom of the pyramid.
Navi launched its UPI offering, Navi UPI, in August 2023. It has rapidly become one of the fastest-growing UPI platforms. By June 2024, the platform has already recorded a 12-fold increase in growth on Android compared to March 2024.
In 2013, the company established Aspire Home Finance Corporation Limited (AHFCL). [5] The company offers loans for home, construction, composite, improvement and extension in India. [11] In February 2024, Motilal Oswal Financial Services faced a cyberattack by the ransomware group LockBit, which claimed to have accessed confidential data. This ...
ET Money was founded in 2015 by Mukesh Kalra, who earlier founded the fintech company Moneysights in 2009, which was later acquired by Times Internet in October 2014. . Moneysights was backed by ex-HP and IBM executive Prasad Duvvuri, Blume Ventures and Naveen Tewari of
The same year, the company acquired a 7% stake in Experian Credit Information Company of India Pvt Ltd, the Indian arm of the global credit information services company. In 2011, global PE firm Kohlberg Kravis Roberts and International Finance Corporation , an arm of the World Bank Group , invested about $100 million in the company. [ 9 ]
CRIF High Mark Credit Information Services Pvt. Ltd. is an RBI-approved credit bureau in India. [4] [5] It serves retail, agriculture and rural, MSME, commercial and microfinance. [6] [7] [8] The company was incorporated in 2005 and is based in Mumbai. [9]