Tag: non-banking financial corporation

Fullerton India appoints Rahul Bhardwaj as Chief Information Officer

Fullerton India Credit Company Limited, a NonBanking Financial Company with a Pan India presence, has announced the appointment of Rahul Bhardwaj as their Chief Information Officer and Head of Operations & Customer Service. He will be reporting to Pavan Kaushal, Chief Operating Officer. Rahul re-joins Fullerton India from Jio Payments Bank, where he was a…

Coronavirus Impact: Home Credit India lays off 1,800 employees

Non-banking financial company Home Credit India recently said that it has laid off about 1,800 employees due to the current coronavirus pandemic. The company through an official statement said, “The unprecedented coronavirus pandemic has affected every aspect of our life. It has impacted each one of us, our families, our customers, partners and businesses. These…

Satin Creditcare Network raises $15 million

Satin Creditcare, an NBFC (non-banking financial corporation), has raised $15 million led by the Development Bank of Austria (OeEB). The company was founded in 1990 by H.P. Singh. Earlier, it had raised $9.4 million from Switzerland-based international impact asset manager, responsAbility Investments AG. The company will utilize these funds in its planned expansion, portfolio growth…