BANKING & FINANCE
TVS Capital-Backed Saarathi Finance Opens 100th Branch In Telangana
TVS Capital-backed Saarathi Finance, an MSME-focused NBFC, has opened its 100th branch in Jagtial, Telangana. The new branch will strengthen its presence across northern Telangana. The branch will provide customer-focused financial solutions to MSMEs, entrepreneurs and small business owners in the region. Saarathi Finance commenced operations in April 2025. Focus on MSME lending The NBFC […]
CW Bureau
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Aug 10, 2026
BANKING & FINANCE
Cholamandalam Finance To Expand AI Use Across Business Operations
Cholamandalam Investment and Finance Company Ltd. (Chola) is exploring artificial intelligence (AI)-led interventions in its collections business and plans to extend the technology to sales and credit functions with a strong focus on governance and accountability. In his message to shareholders, Executive Chairman Vellayan Subbiah said technology continued to be a key enabler across customer […]
CW Bureau
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Jul 7, 2026
BANKING & FINANCE
UGRO Capital Advances Shift To High-Yield Segments: Earnings On Track
UGRO Capital Ltd, India’s first NBFC startup, is progressing on its strategic pivot towards high-yield segments, with Emerging Market LAP (loan against property) and Embedded Finance rising to 38% of assets under management (AUM) from 32% within a quarter. Emerging Market LAP AUM increased from ₹3,199 crore to ₹3,581 crore, while Embedded Merchant Finance grew […]
CW Bureau
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Apr 21, 2026
