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Tata Capital is about to drop 2025’s biggest IPO. In this episode of The Morning Brief, we bring you exclusive comments from Rajiv Sabharwal, MD & CEO of Tata Capital on the company’s plan around its ₹15,512 crore markets debut. Host Dia Rekhi also speaks to Tarun Singh, MD of Highbrow Securities and IPO expert, to unpack the company’s landmark listing set to be among India’s largest ever. The conversation explores the strategy behind expanding retail participation, the challenges from the merger with the vehicle financing arm, valuation pressures, and fundraising strategies.Tune in: You can follow Dia Rekhi on social media: Linkedin & TwitterYou can follow Sangita Mehta on her social media: Twitter and Linkedin Listen to Corner Office Conversation our new show:: Corner Office Conversation with Pawan Goenka, Chairman, IN-SPACe, Corner Office Conversation with The New Leaders of Indian Pharma and much more. Check out other interesting episodes from the host like: Why Is India Still Buying Russian Oil?, How AI is Rewriting Cinema Part 2, Trump vs Harvard: India Impact, Of Dragons and Elephants: Modi–Xi in Focus and much more. Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.
The Reserve Bank of India (RBI) will likely consider approving Tata Sons' request to de-register as an upper layer non-banking finance company (NBFC), subject to meeting certain conditions, sources say. As the RBI's deadline for upper layer NBFCs to list by September end approaches, the regulator may also extend the timeline for Tata Sons to meet those conditions, writes Piyush Shukla. Tata Sons has been engaging with the regulator on several aspects of its classification as an upper layer NBFC and sources indicated a favourable response, especially its request for de-registration. There was no response from Tata Sons to a clarification request. Jaguar Land Rover to resume production in ‘coming days' British luxury carmaker Jaguar Land Rover (JLR) is taking steps to resume vehicle production, and as the first step will restart some sections of its manufacturing in the coming days following the cyberattack, reports Aroosa Ahmed. “Today we are informing colleagues, retailers and suppliers that some sections of our manufacturing operations will resume in the coming days. We continue to work around the clock alongside cybersecurity specialists, the UK Government's NCSC and law enforcement to ensure our restart is done in a safe and secure manner,” it said in a statement. The company stated that, as part of the controlled phased restart of operations, it is taking further steps towards recovery and returning to manufacturing its vehicles. JLR had shut its vehicle manufacturing up till October 1 after a cyberattack. On Sunday the UK government said it will guarantee a £1.5 billion loan to JLR, which will support its supply chain. The British luxury carmaker had suffered an overall impact on its system and plant operations due to a cyberattack that was discovered on August 30, which led to the closure of its manufacturing plants. Read more: https://www.thehindubusinessline.com/companies/jaguar-land-rover-to-resume-production-in-coming-days/article70108403.ece Moody's affirms India's sovereign rating at ‘Baa3' with stable outlook Moody's Ratings on Monday affirmed India's sovereign rating at ‘Baa3' with outlook stable. This is last investment grade rating by the agency which helps investors to take a decision and also impact borrowing from overseas, reports Shishir Sinha. Earlier, S&P Global, Morningstar, DBRS, and Japanese credit ratings agency R&I had upgraded India's rating to ‘BBB' from ‘BBB-‘. That's a wrap for today's news. Check out the hindu businessline's website. Thank you for joining us. stay informed and stay ahead
In this SOIC Podcast, Digant Haria (Co-Founder, GreenEdge Wealth Services LLP) breaks down the NBFC and Banking cycle and explains how investors can prepare for the next upcycle.You will learn:How to understand good vs. weak cycles in financial servicesA framework to analyze NBFCs and Banks across 7 sub-segmentsInsights from 40–45 leading companies in the sectorHow to pre-position as an investor before the next growth waveThis episode is packed with practical frameworks and real-world examples to help you think beyond company quality and focus on timing cycles for smarter investing.
Get your daily dose of the latest stock market news and global headlines for September 10th! In today's video, we break down a major geopolitical incident: Russian drones breached Polish airspace, leading to NATO's first direct kinetic engagement with Russia. What does this mean for global tensions and the markets?We also dive into positive economic news as the S&P 500 hit a new record high, driven by encouraging inflation readings. Discover why Oracle stock surged over 41%, making Larry Ellison the world's richest man, surpassing Elon Musk! Learn how AI-driven cloud demand is reshaping the tech landscape and impacting stocks like Nvidia and AMD.Find out what's moving oil prices amid Israeli attacks and oversupply concerns. For Indian investors, we cover Fitch's optimistic FY26 GDP growth outlook for India, despite flagging US trade risks. We'll also discuss the potential US-India trade reset as Trump plans talks with Modi, and what it means for Indian equities.Stay informed on the domestic market: PSU bank shares gained on consolidation buzz, IT stocks soared on US Fed rate-cut hopes, and equity mutual fund inflows for August. Plus, understand the impact of recent GST reforms on NBFC loans, Coal India, and cement prices. Don't miss these critical market insights!00:00 Start00:43 Russian drones breached Polish airspace02:39 S&P 500 jumps to new record05:31 Oil prices up after Israeli attacks07:12 Ellison Tops Musk as World's Richest Man07:36 US, India eye trade reset09:16 PM Modi, Meloni hold talks on FTA10:21 Fitch lifts India FY26 GDP growth outlook11:27 Union Bank, other PSU Bank shares gain11:59 Inflows into equity mutual funds drop13:03 IT stocks soar13:44 GST rate cut impact15:18 GST rate cut to lower cement prices16:16 Knowledge SectionLEGAL DISCLAIMER: Use of this information is at the user's own risk. The Company and its directors, associates and employees will not be liable for any loss or liability incurred to the user due to investments made or decisions taken based on the information provided herein. The investment discussed or views expressed herein may not be suitable for all investors. The users should rely on their own research and analysis and should consult their investment advisors to determine the merit, risks and suitability of recommendation. Past performance is not a guarantee for future performance or future results. Information herein is believed to be reliable, although its accuracy and completeness cannot be guaranteed. The images used may be copyright of the company or third party. As a condition to using the services, the user agrees to the terms of use of the website and the services. DISCLOSURES UNDER SEBI (RESEARCH ANALYST) REGULATIONS, 2014:Yadnya Academy Pvt. Ltd. (InvestYadnya) is registered with SEBI under SEBI (Research Analyst) Regulations, 2014 with registration no. INH000008349.Disclosure with regard to ownership and material conflicts of interest1. Neither Research Analyst nor the entity nor his associates or relatives have any financial interest in the subject Company;2. Neither Research Analyst nor the entity nor its associates or relatives have actual / beneficial ownership of one per cent or more securities of the subject Company, at the end of the month immediately preceding the date of publication of the research report or date of public appearance;3. Neither Research Analyst nor the entity nor its associates or his relatives have any other material conflict of interest at the time of publication of the research report or at the time of public appearance. Disclosure with regard to receipt of Compensation1. The Research Entity and its associates have not received compensation from the subject company in the past twelve months.2. The subject company is not or was not a client during the twelve months preceding the date of recommendation.
In this episode of SOIC, we simplify the powerful SOTP (Sum of the Parts) valuation framework, a method to value complex businesses with multiple segments. Using easy analogies like the cake example and real-world case studies, you'll learn how to apply Conglomerate Discount and Holding Company Discount, and see step by step how Edelweiss can be valued by breaking down its 7 business units—Asset Management, NBFC, Mutual Funds, Insurance, Housing Finance, and ARC. By the end, We also discuss future triggers like IPOs, demergers, and business break-evens, giving you the same lens that smart investors use to track opportunities.
In this episode, we break down the current state of India's NBFC and banking sector to assess whether a true revival is underway. From RBI's liquidity tightening to rising NPAs, we explore how different lending models are navigating stress. We dive into five key NBFC segments — Gold Loan NBFCs, Commercial Vehicle Lenders, Conglomerate-Backed NBFCs, SME/MSME Lenders, and Microfinance Institutions — to understand asset quality trends, growth challenges, and what lies ahead.If you're investing in financials, this episode offers a grounded, timely perspective on where the sector really stands.
"Venture debt is like an umbrella - you buy it before it starts raining, because once it starts raining, everything becomes expensive." This analogy perfectly captures the strategic timing required for startup capital - smart founders raise debt when they don't need it, not when they're desperate. Vinod Murali is the Co-founder and Managing Partner of Alteria Capital, India's largest venture debt fund managing ₹4,500 crores across multiple funds. Widely recognized as the pioneer of venture debt in India, he has over 17 years of experience in the space and has personally backed more than 220 startups including unicorns like Spinny, Rebel Foods, Country Delight, and OneCard. His firm has deployed over ₹7,500 crores to date, making him one of the most influential figures in Indian startup financing. Before founding Alteria, Vinod spent nearly a decade building India's first venture debt business at Silicon Valley Bank and later InnoVen Capital. Key Insights:
Axis Bank, MD & CEO Amitabh Chaudhry sits down with ET’s Saloni Shukla and banking editor Sangita Mehta for an unfiltered conversation on growth, competition, and resilience. Since taking over in 2019, Chaudhry has led Axis to become India’s third-largest private sector bank. Yet, questions remain about its relatively slower growth especially when compared to peers like ICICI and HDFC Bank. With the banking sector navigating fresh headwinds, sluggish deposit growth, stricter regulatory scrutiny on NBFC ties, tightening margins, and global uncertainty, Chaudhry offers a frank assessment of what’s next for Axis, the banking industry at large and much more. Tune in.You can follow Sangita Mehta on her Linkedin, Twitter profiles and read her Newspaper Articles. You can follow Saloni Shukla on her Linkedin, Twitter profiles and read her Newspaper Articles. If you like this episode, check out more Corner Office Conversations from the podcast: Adar Poonawalla, Sandip Patel, The Mega Listing Of Vishal Retail, Antonoaldo Neves, Rajesh Jejurikar, Srikanth Velamakanni, and more!Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube.See omnystudio.com/listener for privacy information.
Kinara Capital: From celebrated impact story to a deep debt crisis.We analyze the warning signs, strategic failures & future outlook for the NBFC.Key Lessons for Founders.
Join Anupam Gupta on Paisa Vaisa for a masterclass on the future of Indian finance! Dr. HP Singh, CMD of Satin Creditcare, offers rapid-fire insights into microfinance, rural banking, and FinTech innovation. Discover how Satin, a leading NBFC, drives financial inclusion via digital lending, leveraging Aadhaar Iris verification and AI in finance for robust risk management and last-mile delivery. Dr. Singh dissects the microcredit market, tackling NPA challenges and showcasing Satin's superior asset quality. Learn about structured finance in emerging markets, MSME growth, and the strategic pivot to rural housing finance. Essential for investors, FinTech startups, digital payments enthusiasts, and anyone interested in India's economic outlook, sustainable finance, and financial wellness. Key Topics Covered: ✅ Microfinance & FinTech: Digital lending, AI, financial inclusion. ✅ Microcredit Insights: NPA, asset quality, rural housing. ✅ India's Finance Growth: MSMEs, structured finance, wellness. Get in touch with our host Anupam Gupta on social media: Twitter: ( https://twitter.com/b50 ) Instagram: ( https://www.instagram.com/b_50/ ) LinkedIn: (https://www.linkedin.com/in/anupam9gupta/ ) You can listen to this show and other awesome shows on the IVM Podcasts website at https://www.ivmpodcasts.com/ You can watch the full video episodes of PaisaVaisapodcast on the YouTube channel. Do follow IVM Podcasts on social media. We are @ivmpodcasts on Facebook, Twitter, & InstagramSee omnystudio.com/listener for privacy information.
In today's Tech3 from Moneycontrol, Razorpay completes its reverse flip to India, shelling out Rs 1,245 crore in taxes. Zerodha plans to pump Rs 125 crore into its NBFC to expand lending. Snabbit, a Zepto-style home services startup, bags $19 million in funding. Edtech firm Teachmint pivots to smart classroom hardware. And finally, India is becoming a retail GCC magnet, with 100 such centres expected in the next few years. Tune in for the sharpest updates from the world of tech and startups!
This episode provides a business analysis of Jio Finance, a corporate-backed NBFC spun off from Reliance Industries. It discusses Jio Finance's structure and diverse ventures in lending, payments, insurance, and asset management. The analysis explains the reasons behind the fall in Jio Finance's stock price, primarily highlighting that the company's core businesses are currently in a startup phase and have not yet scaled significantly, alongside the prevailing market conditions.
To get your dose of daily business news, tune into Mint Top of the Morning on Mint Podcasts available on all audio streaming platforms. https://open.spotify.com/show/7x8Nv1RlOKyMV5IftIJwP1?si=bf5ecbaedd8f4ddc This is Nelson John, and I'll bring you the top business and tech stories, let's get started. China Hits Back with Rare Earth Export Curbs In a powerful response to US tariffs, China has tightened export controls on rare earth minerals—essential for defense tech, EVs, and smartphones. These new rules require permits for seven key rare earth elements, creating delays that could ripple through global supply chains. With China controlling nearly 90% of global supply and refining, this move hits American giants like Tesla, Lockheed Martin, and Apple. The U.S. has only one rare earth mine, intensifying the urgency to diversify supply chains. As Bloomberg reports, China's message is clear: if Washington plays tariffs, Beijing plays rare earths. Mehul Choksi Arrested in Belgium; India Pushes for Extradition Fugitive diamond trader Mehul Choksi—accused in the ₹14,000-crore PNB scam—has been arrested in Belgium. Indian agencies, including the CBI and ED, are preparing to travel to Brussels to expedite his extradition. Choksi, who obtained Belgian residency in 2023, is contesting the move on medical and human rights grounds. His lawyer cites poor prison conditions in India and claims the case is political. Belgium has acknowledged India's extradition request, setting the stage for a legal showdown that could mirror past cases like Sanjay Bhandari's. Dr Reddy's Slams Downsizing Rumors Amid Strong Q3 Earnings Dr Reddy's Laboratories has denied reports that it plans to cut workforce costs by 25%, calling the claims “factually incorrect.” Business Standard had reported that high-paid executives and R&D employees were being asked to resign or take voluntary retirement. However, the pharma major insists no such restructuring is happening. Financially, Dr Reddy's delivered a strong Q3 FY25—profit after tax rose 2% YoY to ₹1,413.3 crore, while revenue jumped 16% to ₹8,358.6 crore. Key growth came from India, Emerging Markets, and the Nicotine Replacement Therapy portfolio. EBITDA hit ₹2,298.2 crore, reflecting solid business fundamentals. Tata Capital Files for IPO, Only Third Tata Listing in 25 Years Tata Capital is preparing for a long-awaited IPO, marking the Tata Group's third public listing in a quarter-century, after TCS and Tata Technologies. The move follows an RBI mandate requiring systemically important NBFCs to go public by September 2025. The IPO is expected to raise ₹15,000–₹18,000 crore. Once plagued by bad loans and group-level turbulence, Tata Capital has pivoted under Chairman N. Chandrasekaran and CEO Rajiv Sabharwal, growing its loan book to ₹1.5 trillion. With strong focus on affordable housing and SMEs, the IPO is poised to reshape the NBFC space. OYO Faces FIR Over Alleged ₹22 Crore Revenue Inflation Samskara Resort in Jaipur has filed an FIR against OYO, accusing the travel aggregator of fabricating bookings worth ₹22.22 crore, which triggered a ₹2.66 crore GST notice. Madan Jain, associated with the resort, claims OYO backdated and inflated revenues even before their agreement began in April 2019. Actual bookings via OYO reportedly totaled just ₹10.95 lakh. The FIR names OYO founder Ritesh Agarwal and includes charges of cheating, forgery, and criminal conspiracy. Rajasthan's hotel federation alleges over 20 hotels received similar GST notices, pointing to a broader pattern of grievances against OYO, which is yet to respond.
In this episode of Paisa Vaisa, Anupam Gupta sits down with Harshvardhan Lunia, Founder & MD, Lendingkart understanding the world of MSME lending and how small businesses across India are being funded like never before. They cover the rise of digital lending, regulatory challenges, and what makes MSME finance both promising and risky. Harshvardhan shares real insights from disbursing 3 lakh loans across 4,100 towns, and explains why some fintechs failed while others survived. How do you lend to someone without a credit score? What’s the tech behind modern loan approvals? If you're a business owner, fintech enthusiast, or just curious about how lending works in India—this one's for you.
India's GDP grew 6.2% in Q3, markets crashed as Sensex plunged 1,414 points. Tuhin Kanta Pandey takes over as SEBI chief, Axis Bank eyes an NBFC stake sale, Indian pharma faces possible US tariffs. Plus, Trump's ‘gold card' visa plan sparks concern and more. Tune in for the top stories.
Join us as we talk to Sachin Agarwal, the Co-founder of Bizongo about their story. This is yet another episode with a Bizongo co-founder! Last time, in March 2022, we had Ankit Deb. Today, we have Sachin, who completed his B.Tech in Chemical Engineering from IIT Bombay in 2012. He went on to work with leading companies like PepsiCo and Biocon before serving as a Risk Manager at Gravitas. In 2014, he co-founded Bizongo.
Suresh Sarangapani, Chief Information Officer at Muthoot Finance The NBFC sector is embracing cutting-edge technologies and strategic innovations to stay ahead in a rapidly evolving market. Puja Sharma of IBS Intelligence speaks with Sarangapani on how Muthoot is leveraging technology and innovation to drive growth and navigate the evolving NBFC landscape.
If you've ever taken a loan from a non bank or an NBFC, the EMI is usually auto-debited from your account every month. But if you missed a payment, you know what usually goes down. You are inundated with phone calls from your lender and maybe agents even start visiting your home. Not an ideal situation for you or your lender.But now, your lender can just monitor your account and deduct the money as soon as it comes into your account…all thanks to that auto-debit permission you granted. Earlier, only a bank could do this when it lent money to its account holder. But now non-banks can do it, too. A fintech executive told The Ken that this tool will soon become business as usual in every lender's tool box. But things are still not there yet since the banks are not predictably sharing the statement data or their servers are down.And here's where account aggregators come into the picture. These aggregators are a newly-created class of licensed companies by the Reserve Bank of India. They basically help businesses exchange financial information about a user after taking the user's consent. Meanwhile, Navi Finserv, a four-year-old non-bank, was quite particular about how fast it could help its users take out a loan. Navi's co-founder and CEO Sachin Bansal—who previously co-founded the Flipkart —believes “banking should be as easy as going on Swiggy and ordering food”. So to amp up both disbursals and collections, Navi and others like it are counting on account aggregators. But being able to access a borrower's bank statement at any given time is a powerful collection tool.And the problem is how Navi has been using this power.Tune in. Subscribe here to listen to the full episode of Two by TwoListen to the free version of Two by Two here: AppleSpotifyDaybreak is now on WhatsApp at +918971108379. Text us and tell us what you thought of the episode!Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
In today's episode, we look at 3 big stories:00:04 Stories Coming Up!00:34 Intro00:51 One of the largest NBFC IPOs07:29 India's auto sector: A September crash, followed by an October comeback13:25 Titan's Revenue is up but profits are down, why?18:01 TidbitsWe also send out a crisp and short daily newsletter for The Daily Brief. Put your email here and we'll make you smart every day: https://thedailybriefing.substack.com/You can also listen to this episode in Hindi: https://the-daily-brief-hindi.simplecast.com/Note: This content is for informational purposes only. None of the stocks, brands, or products mentioned are recommendations or endorsements.
Grab your MuscleBlaze Biozyme Performance Whey now: https://www.muscleblaze.com/sale/biozyme-bestsellers Use code DOSTCAST at checkout for the best discount. Sharan Hegde is the founder & CEO of 1% Club - a finance community which helps people achieve financial independence and creates content to educate people about finance, money management and investments. He is a former consultant who has worked with banks and NBFC and has been featured in Forbes, Economic Times, Mint, Times of India. He has over a million followers on his Instagram channel [@Finance With Sharan](https://www.instagram.com/financewithsharan/?hl=en). In this episode Vinamre and Sharan talk about: - Mindset of people towards money in India and abroad - Common mistakes that stop people from becoming rich - Is fixed deposit still a good financial decision and whether you should buy a house or not - Why money management is important and How to tackle overspending problem - The culture in the USA and His experience meeting MS Dhoni If you want to learn more about money and how to handle it, this episode is for you. Timestamps: 0:00- Introduction 00:55 - Indians Don't Like Rich People 2:58 - Millionaires in the US vs India 5:54 - Add this to your Diet 7:35 - Getting hate on social media 13:06 - Early Life of Sharan 17:15 - Why Buying a House is the Worst Mistake 24:50 - Fixed Deposits: Good or Bad? 32:57 - What is Arbitrage Fund 35:17 - Merits of SWP (Systematic Withdrawal Plan) 37:44 - Why USA Culture is so different from us 47:17 - Fundamental Problems that Prevent You from Getting Rich 55:07 - How Can One Learn About Money? 1:02:07 - Is Life Easy Up There? 1:07:02 - Making His First Crore 1:09:42 - How to Solve Your Overspending Problem 1:17:17 - Why Money Management is Important 1:22:32 - A Rule About Money People Don't Understand 1:26:17 - How He Deals with Vendors and Clients 1:30:52 - Has He Become Less Social? 1:36:02 - Meeting MS Dhoni 1:39:46 - Conclusion ==================================================================== This is the official channel for Dostcast, a podcast by Vinamre Kasanaa. Connect with me LinkedIn: https://www.linkedin.com/in/vinamre-kasanaa-b8524496/ Instagram: https://www.instagram.com/vinamrekasanaa/ Twitter: https://twitter.com/VinamreKasanaa Dostcast on Instagram: https://www.instagram.com/dostcast/ Dostcast on Twitter: https://twitter.com/dostcast Dostcast on Facebook: https://www.facebook.com/profile.php?id=61557567524054 ==================================================================== Contact Us For business inquiries: dostcast@egiplay.com
Fantasy Baseball Live – October 13, 2024Segment 1 – Review of the ALDS and NLDS1.New York Yankees beat the Kansas City Royals (3 to 1)a.Bobby Witt hit .192, and Vinnie P. hit .130. I had both of them in my multiple fantasy teams, and when they didn't produce, my teams had a bad day. The same is true with the Royals.b.Are the Royals close to being a long-term player in the playoffs?2.Cleveland Guardians beat the Detroit Tigers (3 to 2)a.The Tigers gave it all they had, but one swing by Lane Thomas was the difference. You can even argue that the HBP on Jose Ramirez was the moment.b.Are the Tigers on the rise finally or was this just a lucky streak?c.I'm not sure how the Skubal and pitching chaos approach would work. You're thoughts.3.New York Mets beat the Philadelphia Phillies (3 to 1)a.The Mets seem to be finally hitting on all cylindersb.What do the Phillies need to do over the offseason, if anything to get back to the World Series4.Los Angeles Dodgers beat the San Diego Padres (3 to 2)a.It was a great series, and I was rooting hard for the Padres, but the Dodgers prevailed. b.Do you think the Padres will be active in the trade market this winter? Segment 2 – First NFBC DraftGreg Ambrosius (@GregAmbrosius) / XSegment 3 – Preview of the ALCS and NLCS1.NLCS – Mets vs. Dodgersa.What are each team's keys to victory?b.Who wins and in how many?2.ALCS – Guardians vs. Yankeesa.What are each team's keys to victory?b.Who wins and in how many?
There was once a time, not very long ago, when every company wanted to be a fintech. Food delivery, ride hailing, e-commerce – companies that you would not otherwise associate with financial services. And when you think about it, it does add up. A couple years ago, fintech was where the money was at. Indian fintechs received nearly 9 billion dollars in funding in calendar year 2021. It was one the hottest sectors in the country. The inside joke among venture capitalists was how founders could raise a round of funding just by mentioning “financial services” in their pitch deck. What were earlier standalone businesses would now exist as mere features on their apps. People in the industry came up with a catch-all term – fintech-as-a-feature. Take Ola for instance. Zomato seemed to be going down that path too. In 2022, it had applied for a non-bank financial company or NBFC licence with the Reserve Bank of India. But since then, things have changed. From 2022 onwards, the amount of money being raised by fintechs has dipped considerable. In 2022, they raised about 5.4 billion dollars, then in 2023, this amount fell to 2 billion. What's going on? Tune in to find out. P.S The Ken's podcast team is hiring! Here's what we're looking for.Daybreak is now on WhatsApp at +918971108379. Send us a hello with your name and since when you've been listening to us and be a part our community. Also, if you have any recommendations for this Thursday's Unwind segment, send them to us as texts or voice notes.Want to be part of the Daybreak community? Introduce yourself here.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
If you've ever taken a loan from a non bank or an NBFC, the EMI is usually auto-debited from your account every month. But if you missed a payment, you know what usually goes down. You are inundated with phone calls from your lender and maybe agents even start visiting your home. Not an ideal situation for you or your lender.But now, your lender can just monitor your account and deduct the money as soon as it comes into your account…all thanks to that auto-debit permission you granted. Earlier, only a bank could do this when it lent money to its account holder. But now non-banks can do it, too. A fintech executive told The Ken that this tool will soon become business as usual in every lender's tool box. But things are still not there yet since the banks are not predictably sharing the statement data or their servers are down.And here's where account aggregators come into the picture. These aggregators are a newly-created class of licensed companies by the Reserve Bank of India. They basically help businesses exchange financial information about a user after taking the user's consent. Meanwhile, Navi Finserv, a four-year-old non-bank, is quite particular about how fast it can help its users take out a loan. Navi's co-founder and CEO Sachin Bansal—who previously co-founded the Flipkart —believes “banking should be as easy as going on Swiggy and ordering food”. So to amp up both disbursals and collections, Navi and others like it are counting on account aggregators. But being able to access a borrower's bank statement at any given time is a powerful collection tool.And the problem is how Navi is using this power.Tune in. If you're interested in working for The Ken's podcast team, apply here
Rishabh Goel is the Co-Founder and CEO of Credgenics, a tech-enabled debt resolution platform working with 100+ banking and NBFC clients like HDFC, ICICI, Mahindra Finance, etc with an overall loan book touching $60 billion. In this episode, we talk about - - Rishabh's journey from IIT to starting Credgenics - Why did he choose to solve the problem of debt collection?- How did they think about Go-To-Market in the early days of the business?- How they got their first banking client?- How did they identify Product Market Fit?- Scaling culture as the company grows & lots more Links: ⭐Sponsored by Podcast10X - Podcasting agency for VCs - https://podcast10x.com Follow Rishabh Goel on Linkedin - https://www.linkedin.com/in/goelrishabh/ Credgenics website - https://www.credgenics.com/
Mikhil Innani is the Managing Director at Apollo Finvest, a public listed internet first transactional NBFC. He has 8+ years experience of building products from scratch to an unprecedented scale of 100+ million monthly active users. He is currently building the "AWS for Lending" platform which helps fintech's start lending in a matter of hoursPrior to Apollo Finvest, Mikhil headed consumer products at Hotstar (India's largest OTT platform) and CouponDunia (Acquired by Times Internet) and co-founded PharmEasy (India's largest, series C funded, online medicine delivery startup) Mikhil holds a Master's degree in Information Systems from Carnegie Mellon University and a Bachelor's degree from Mumbai University
1) पृथ्वीला शक्तिशाली सौरवादळाची धडक 2) धुळे लोकसभा मतदारसंघाचा आढावा 3) IPL 2024 : चेन्नई विरुद्ध राजस्थान आणि दिल्ली विरुद्ध बंगळुरु या दोन सामन्यांचा आढावा 4) मराठीला अभिजात दर्जा देण्याचे काम अंतिम टप्प्यात आहे का?5) Microsoft जुलैमध्ये स्वतःचं 'मोबाईल गेम स्टोर' लाँच करणार6) टाटासह 15 कंपन्यांनी NBFC नोंदणी प्रमाणपत्रं केली परत, काय आहे प्रकरण?7) करीना कपूरच्या एका पुस्तकामुळं उफाळला वाद; हायकोर्टानं बजावली नोटीस स्क्रीप्ट अँड रिसर्च - अमित उजागरे
Talking about the Church, Ukraine Russian war, the Middle East and serving like Christ.
It took Bajaj Finance over 15 years to become the most valued NBFC in the country. And then came along Jio Financial Services Ltd (JFSL) and took the no. 2 position in a span of just two months. It is currently valued at more than $17 billion.Its all set to take the top space. Currently, the company is on a serious hiring spree and it seems to have taken a particular liking to former ICICI Bank employees for its key executive roles. After all, a lot of its future success will depend on the team it builds.But this is not the first time Reliance has tried its hands in the finance sector. The last time it did, things didn't really take off. What's different this time?Tune in.Daybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories
In today's episode, we delve deep into the recent actions taken by the Reserve Bank of India (RBI) towards the end of 2023 and the ensuing ripple effects they've set off. The RBI, often the silent architect of our financial landscape, has made strategic manoeuvres that reshape the terrain for banks, non-banking financial companies (NBFCs), and borrowers. Discover how these regulatory shifts could impact financial decisions and the broader economic landscape. From the nuances of risk weights to the implications for personal loan growth, this episode promises to demystify the complex world of financial regulations in a digestible and engaging format. Here is a quick overview of what we talk about: We unpack the RBI's directives regarding risk weights and the restrictions placed on simultaneous lending and investing activities by financial institutions. Dive into how startups offering digital lending products, like CRED and Paytm, are affected and the challenges they face under the new regulations. Explore why your credit card limits might be scrutinised and how conflict of interest rules reshape lending dynamics. Understand why the RBI's focus on Alternative Investment Funds (AIFs) matters and how it impacts investors' portfolios. Debate whether these measures reflect a proportionate response from the RBI and what they suggest about the current state of our economy. Timestamps 00:00 Introduction and Disclaimer 01:34 Deepak demystifies the two new regulations by RBI on Banks and NBFC 05:37 What's the impact of these new regulations? Why should we care? 16:05 Why is RBI more concerned about personal loans? 24:54 Why aren't you positive about the RBI action here? What's wrong with the slowing loan growth? 32:20 If Startups are ready to take the risk, why is RBI stopping them? 45:14 Even after this bull run, why isn't there lending against securities? 52:11 RBI has a new rule prohibiting Banks and NBFCs from evergreening loans through AIFs. 01:03:51 Is this a warning, a sign that the economy is over-heating?
LongShorts - Banter on All Things Business, Finance, and People
We spoke with Rajesh Shet, Co-Founder & CEO of SahiBandhu, a trailblazing gold loan aggregation platform leveraging existing infrastructure, reach, and cost competitiveness of scheduled commercial banks to disrupt the traditionally NBFC-led gold loan sector. SahiBandhu aims to offer very convenient assisted customer journeys giving borrowers multiple gold loan products from best-in-class banks in line with their precise requirements and with a focus on underpenetrated semi urban and rural areas. SahiBandhu has rapidly expanded its presence across Tier-3 cities (600+ locations), taking advantage of low competition outside major metropolitan areas. With offerings such as gold-backed credit cards and gold-backed investments, the company aims to now expand into Tier-1 and Tier-2 markets. Founded in 2019 and backed by The Manipal Group, SahiBandhu was established by industry experts including Mr. Rajesh Shet, Mr. Anuj Arora, Mr. Vijay Malhotra, and Mr. Virendra Yaduvanshi. Hope you enjoy this TRANSFIN Podcast with Nikhil Arora and Sharath Toopran, where we converse with entrepreneurs and business operators running successful startups, profitable SMEs and family promoted firms on one end, and top investment professionals representing VC/PE/credit funds on the other. The objective is to bring out an "actionable" perspective converging the world of business and investing. If you're a founder and if you'd like us to drill down your model, feel free to drop us a line at edit@transfin.in
In today's episode for 21st December 2023, we tell you how the Reserve Bank of India is clamping down on an unholy practice known as evergreening. Talk to Ditto - https://bit.ly/45uvyDL
Francesco Frati"National Biodiversity Future Center"Il National Biodiversity Future Center è uno cinque centri nazionali dedicati alla ricerca di frontiera finanziato dall'Unione Europea - NextGenerationEU nell'ambito del Piano Nazionale Resistenza e Resilienza (PNRR). Avviato nel luglio del 2022 il progetto è coordinato dal Consiglio Nazionale delle Ricerche (CNR) e coinvolge 49 partner tra università, centri di ricerca e imprese in tutta Italia.Il National Biodiversity Future Center si propone di affrontare attività di ricerca e innovazione interdisciplinare dedicate al monitoraggio, alla conservazione, al ripristino e alla valorizzazione della biodiversità italiana. Nel concreto si pone l'obiettivo di comprendere e affrontare i fattori diretti del declino della biodiversità a livello marino, terrestre e urbano e di valorizzare la biodiversità per farne un elemento centrale per lo sviluppo sostenibile nazionale.Per gestire e sviluppare una rete di collaborazione così complessa il Centro è stato ideato seguendo il modello Hub&Spoke. Il centro si articola in 6 spoke tematici dedicati a mare, terre emerse e aree umide e alle città. Questi sono supportati da spoke trasversali dedicati a formazione, comunicazione, condivisione della conoscenza, e all'innovazione con lo scopo di trasformare la ricerca in valore per la società̀.IL POSTO DELLE PAROLEascoltare fa pensarewww.ilpostodelleparole.itDiventa un supporter di questo podcast: https://www.spreaker.com/show/tracce-di-il-posto-delle-parole_1/support.Questo show fa parte del network Spreaker Prime. Se sei interessato a fare pubblicità in questo podcast, contattaci su https://www.spreaker.com/show/1487855/advertisement
It took Bajaj Finance over 15 years to become the most valued NBFC in the country. And then came along Jio Financial Services Ltd (JFSL) and took the no. 2 position in a span of just two months. It is currently valued at more than $17 billion.Its all set to take the top space. Currently, the company is on a serious hiring spree and it seems to have taken a particular liking to former ICICI Bank employees for its key executive roles. After all, a lot of its future success will depend on the team it builds.But this is not the first time Reliance has tried its hands in the finance sector. The last time it did, things didn't really take off. What's different this time?Tune in.Free ReadA job with McKinsey, Bain, or BCG trumps everything. Or it used toDaybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories
How can new age NBFCs deploy artificial intelligence and machine learning to bring in efficiencies and expand reach? How has Clix Capital turned around its business strategy in the post COVID world? How does its platform enable plug and play with fintech partners who bring in a set of very specific capabilities? The company acquired $20 million funding for green projects. How does the company plan to mobilise these funds? In this episode, Rakesh Kaul, director and CEO of Clix Capital, a new-age NBFC, dives deep into this and much more. Tune in
Home loan borrowers saddled with high interest rates could now find it easier to switch to lenders who offer cheaper loans. Reserve Bank of India (RBI) asked banks and non-banking finance companies (NBFC) to clearly communicate the impact of any rate change on the EMIs and loan tenure. To understand RBI's stance and the impact on borrowers in detail, Moneycontrol spoke to Vipul Patel, Founder, MortgageWorld, a loan consultancy firm. Listen in
SHAILENDRA JAGTAP | Managing Director & Country Manager at John Deere India Pvt LtdIn leading a business that hosts 6000-plus employees operating from a technology center, pan-India factories, the financial operations (NBFC), and on the field - Shailendra believes it's rudimentary to steer an everyday environment that fosters a high-performance culture and psychologically safe workplace. As the Managing Director and CEO of John Deere India Pvt. Ltd., Shailendra Jagtap overlooks the organization's equipment business strategy, sales and marketing, operations, andexecution. He leads the India team to deliver on the organization's purpose of – We Run So Life Can Leap Forward. In doing so, delivering value to customers through technological interventions that advance sustainable agriculture and improve farm productivity is a journey that Shailendra is extremely passionate about. He's techno-savvy comes with a global and diverse experience of 39- plus years working in the car, commercial vehicle, and agriculture equipment industry. AmongstShailendra's recent recognitions (May 2023), he was felicitated by the 2023 by Society of Women Engineers, which recognized his exceptional leadership, expertise, unwavering commitment to excellence, and his ways of continually motivating those around him to strive for greater success and milestones. His achievements also include being a six sigma black-belt, a certified trainer on diversity and inclusion, and has worked in establishing multiple green field projects in India andoverseas.
In this episode of Market Minutes, Shailaja Mohapatra talks about Maruti Suzuki's Q1 numbers, likely block deal in DLF, UPL's disappointing numbers and global setup for the day. Catch Shweta Daptardar of Elara Capital in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends.
Vegetable prices have increased considerably in several states. Tomatoes are selling at over 120 rupees a kg in Delhi and some other big cities. Supply disruption caused by rains in producing regions is one of the key reasons for this inflation in vegetables prices. And it comes when India's central bank, RBI, had just started to breathe easy on the inflation front. So, will this development complicate RBI's job? And, will it have any impact on its future rate actions? Car prices too have shot up considerably in the last few years. But that has hardly cast any shadow over the sales. New models are hitting the roads almost every month. Maruti Suzuki recently unveiled its priciest car till date. A rebadged version of the Toyota Innova HyCross MPV, Maruti's Invicto will come in the range of 24 to 28 lakhs. This vehicle is a result of the collaboration between Maruti Suzuki and Toyota. So is Maruti becoming too dependent on Toyota? Buoyed by the launch of Invicto, the shares of Maruti Suzuki India crossed Rs 10,000 milestone for the first time ever this week. Moving on, the mergers of HDFC twins and then the IDFC twins have put a spotlight on NBFC space, especially the banking segment. This has intensified competition in the financial sector of the country. Will the state-owned banks also come together to ward off the heat? And how should investors approach the pack? After the markets, let us now turn our gaze to snow-capped mountains of Kashmir. Just about 15-km from Srinagar, in the town of Pampore, purple crocus flower fields will be a dazzling sight in a few months from now. Its yield, called Kashmiri saffron, is famous for its distinct aroma and quality. But why is Kashmir's saffron so special? And expensive too? Listen to this episode of the podcast for answers.
Since November 2022, when Paytm shares dropped to an all-time low, the fintech giant has been on a steady recovery path. If all goes well, its share price may cross Rs 1000 soon.But what's even more interesting is the sharp jump in its loan distributions in FY23. In the March quarter of the same year, Paytm distributed nearly 12 million loans worth over 1.5 billion dollars.And last Friday, Paytm's parent company even announced a partnership with Shriram Finance, an NBFC that's known for its deep understanding of risk and more importantly, its collections capabilities. What's driving this prolific growth and how is Paytm growing its loan business in the post-FLDG era?Tune in.**Paytm founder Vijay Shekhar Sharma is an investor in The Ken RecommendationPaytm's results hint at a turnaround. But loan-collection hacks drive it by Gaurav Noronha, Arundhati RamanathanPaytm IPO tells, and tells a lot, but doesn't show by Arundhati RamanathanDaybreak is produced from the newsroom of The Ken, India's first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
The Desi VC: Indian Venture Capital | Angel Investors | Startups | VC
Karan Desai is the Founder and Managing Partner at Interface Ventures, an early-stage venture fund based out of Mumbai, India. He's an operator turned investor who brings a diverse skill set that encompasses extensive experience in operations, investment banking, and financial consulting. Prior to Interface, he was the Joint Managing Director at Trucap Finance Ltd., a rapidly expanding NBFC listed on the Bombay Stock Exchange which specializes in providing finance to MSME businesses in India. In addition to this, Karan founded exerFIT, a globally recognized lifestyle nutrition and supplementation brand endorsed by top athletes and Bollywood stars. Throughout his career, Karan has held key roles at distinguished brands such as Bank of America, PwC, Centrum Capital, and the HEAL Institute. His academic credentials include a Masters from the University of Westminster, London, and a Bachelors from Narsee Monjee College, Mumbai, where he graduated with distinction. Episode Notes: Intro (2:28) Journey into venture capital (3:53) How is Interface Ventures structured? (11:20) Looking back at Karan's founder stint: ExerFit (17:55) How to keep things lean and bootstrap (25:06) How does Karan invest, knowing what he knows today as a former founder? (29:25) How has venture impacted Karan as a person? (36:11) Learning from founders that Karan has invested in and worked with (40:56) Advice to a younger self (45:49) . . . Social links: Interface Ventures on LinkedIn: https://www.linkedin.com/company/interfaceven/ Podcast on Twitter: https://twitter.com/thedesi_vc Akash Bhat on Twitter: https://twitter.com/bhatvakash Podcast on Instagram: https://instagram.com/thedesivc Akash Bhat on Instagram: https://instagram.com/bhatvakash
Talking about current things going on at NBFC.
Imagine you're part of an NBFC, how would you lend to a person running a Kirana business? Without any proper credit score, current account or other standard checks. Finding it difficult to evaluate the credit worthiness of the shop owner. Right? In the age of the internet, UPI, net banking, Jan Dhan Bank account and almost all transaction-related data available with transparency, it seems possible. Now imagine dealing with the same issue, back in 1984. Seems impossible right? Well, that's when Five Star Business Finance, ventured into small business financing.In this episode, we have with us, Rangarajan Krishnan, CEO, Five Star Business Finance.Dive into this episode as Rangarajan shares the journey of Five Star, their experience of going IPO recently, how RBI regulates NBFCs, what differentiates them from other NBFCs, Banks Fintech, and more. This episode is a must-listen for entrepreneurs, small business owners, and anyone looking to learn more about the working, valuation, and scaling of NBFCs in India.Notes - 00:00 - Highlights of the conversation01:28 - Intro to Rangarajan & Five Star Business Finance02:38 - Valuation for NBFCs while going IPO03:14 - Their IPO journey over three phases10:29 - Private round valuation Pre-IPO13:33 - History and background of Five Star22:03 - RBI's regulations around deposit-taking NBFCs23:26 - How does the lending market in India looks like? 26:29 - The simplest way to define a customer of Five Star31:51 - Branch presence across major geographies in India37:10 - RBI scale-based regulations for 10,000+ NBFCs 39:45 - What differentiates them from other NBFCs? 42:41 - Do they aspire to be amongst the Top 10-15 NBFCs in the next 2-3 years?44:11 - Prerequisites from RBI for starting an NBFC46:16 - Do they want to become a Fintech eventually? 49:20 - Being a CEO and a Non-founder51:39 - His interaction while joining Five Star56:53 - Managing his & promotor's responsibilities 57:46 - Things he has changed & retained in the company in the last 7+ yearsAlso, try out a 30-day free trial of Zoho Payroll, and simplify your Payroll journey as an entrepreneur! https://zoho.to/zoho-payroll
For Mahindra Finance, the RBI directive against it couldn't have come at a worse time. The rural financier had barely recovered from the effects of the lockdown since it had higher bad loans than its rivals. Add to that the dent on its reputation.How did the NBFC deal with the RBI's restriction on using third party agents for repossession? Tune in to find out.
Children Pastor Aaron Menard Pro 22:6 Saturday 7–16-22 10 am Service Facebook https://m.facebook.com/NewBeginningFellowshipChurchTB/ Website https://www.newbeginningfc.com/
Children Pastor Kelly Menard Luke 11:11-32 Saturday 7–16-22 2pm Service Facebook https://m.facebook.com/NewBeginningFellowshipChurchTB/ Website https://www.newbeginningfc.com/
Pastor Brandon Trott Eph 6:1-4 Friday 7–15-22 Facebook https://m.facebook.com/NewBeginningFellowshipChurchTB/ Website https://www.newbeginningfc.com/
Youth Pastor Isaac Hayes Gal 2:16-21 Saturday 7–16-22 6:30pm Service Facebook https://m.facebook.com/NewBeginningFellowshipChurchTB/ Website https://www.newbeginningfc.com/