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ET Markets - Industry 71d ago
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.
AUBANKBANKETFBANKINDIABANKPSUCAPITALSFBEQUITASBNKESAFSFBFINOPBFIVESTARFOCUSGOLDETFHOMEFIRSTJSFBLTFMAHKTECHREPCOHOMERHFLSURYODAYTECHUJJIVANSFBUTKARSHBNKZTECHConsumer DurablesFinancial Services
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ET Markets - Industry 89d ago
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.
CREDITACCFIVESTARFOCUSHOMEFIRSTLTFPRAXISREPCOHOMERETAILRHFLSDREAMSV2RETAILConsumer DurablesConsumer Services