BANKING & FINANCE
CreditAccess Grameen To Focus On Portfolio Quality & Digital Inclusion
Microfinance lender CreditAccess Grameen has outlined an ambitious growth roadmap centred on stronger asset quality, digital innovation and balance sheet resilience. In its Annual Report 2026, Ganesh Narayanan, Managing Director & Chief Executive Officer, said FY26 was a year focused on strengthening the company’s balance sheet, improving portfolio quality and sustaining business growth amid challenging […]
CW Bureau
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Jun 9, 2026
RETAIL/FMCG
Meesho Invests ₹100 Cr In A Loss-Making Subsidiary Meesho Payment
Meesho Ltd, the Bengaluru-based e-commerce platform focused on value commerce and small businesses, has infused nearly ₹100 crore into its lending subsidiary Meesho Payment Pvt Ltd (MPPL) despite the latter reporting losses, highlighting the growing strategic importance of embedded finance in the e-commerce ecosystem. The investment, made through a rights issue, is aimed at strengthening […]
CW Bureau
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May 9, 2026
STARTUP/TECHNOLOGY
MobiKwik Group Secures RBI Nod For NBFC Licence, To Set Up Lending Arm
Reserve Bank of India (RBI) has approved the application of One MobiKwik Systems Ltd group’s application for a Non-Banking Financial Company (NBFC) licence, enabling the group to expand its regulated lending operations. The licence will facilitate the launch of a new lending division, MobiKwik Financial Services Pvt Ltd (MFSPL), a wholly owned subsidiary, aimed at […]
CW Bureau
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Apr 27, 2026
BANKING & FINANCE
Digital NBFCs’ Personal Loan Book Set To Surpass ₹3.6 Lakh Cr By FY30
The personal loan portfolio of digital NBFCs is expected to exceed ₹3.6 lakh crore by FY30, translating into a CAGR of 26%–28% over FY25–FY30. Growth prospects remain strong, driven by increasing digital penetration and an expanding borrower base, according to a CareEdge report. Outstanding Personal Loan Portfolio Doubles As per data from the Fintech Association […]
CW Bureau
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Mar 28, 2026
