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BSH enters mass market in India for first time globally, cuts Bosch prices to rival LG, Samsung
German appliance giant BSH Home Appliances is making a significant push into India's mass market for the first time globally. By partnering with local manufacturers and reducing prices, the company aims to capture a larger share of this crucial segment. This strategic shift, which includes introducing over 350 new models, signals BSH's strong commitment to the Indian market and its potential for future growth.
Fino eyes asset-light, tech-led small finance bank
Fino Payments Bank is moving forward with its plan to become a small finance bank. The bank will focus on technology and secured lending, avoiding a traditional branch model. This transition is on track despite ongoing leadership reviews. Fino aims to offer home loans, gold loans, and business loans.
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh Narayanan
CreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to become a Rs 50,000 crore entity by 2028, with a significant portion from retail finance. It is actively exploring acquisitions to accelerate growth in its secured business segment.