UGRO Capital Acquires Profectus Capital for ₹1,400 Crore
A Game-Changing Move in India’s NBFC Sector
In a significant step towards becoming a dominant force in the MSME lending space, UGRO Capital has acquired Profectus Capital Pvt. Ltd. ...
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Microfinance has long been a cornerstone of financial inclusion in India, supporting small businesses and underserved communities. However, the latest Micrometer Q3 FY 2024-25 report unveils alarming trends, raising concerns about the sector's st...
To combat rising cyber threats and protect consumers from online fraud, the Reserve Bank of India (RBI) has launched a dedicated domain—‘.bank.in’—exclusively for Indian banks. This initiative aims to establish a secure, relia...
In a landmark move, the Karnataka government has strengthened its stance against the coercive recovery tactics used by Microfinance Institutions (MFIs). The latest draft of the Karnataka Microfinance (Prevention of Coercive Actions) Ordinance, 2025 i...