Commercial Bank International leads investment round in generative AI fintech

Apr 05, 2024

Commercial Bank International (CBI) has announced its investment in zypl.ai, a fintech startup pioneering the application of generative AI in lending.

Pakistan International Airlines privatization plan fails due to its financial obligations

Dec 28, 2023

Sources suggest that PIA cannot afford to pay more than PKR 8 billion in interest on the PKR 260 billion loan. The commercial banks...

Shrinithi Capital Pvt. Ltd., an emerging Chennai based NBFC bags 300 crores co-lending facility from IndoStar Capital Finance Ltd.

Jan 11, 2022

Chennai (Tamil Nadu) [India], January 11 (ANI/NewsVoir): Chennai headquartered Shrinithi Capital Pvt. Ltd. primarily focussing into commercial vehicle and two-wheeler loans has raised Rs....

Pennant Recognised in the 2023 Gartner Market Guide for Commercial Loan Origination Solutions

Dec 15, 2023

Hyderabad (Telangana) [India], December 15: Pennant Technologies, an agile, innovative financial technology company delivering future-ready lending solutions to the global banking and financial services...

Nowofloan transforming lending business with loan approval in 30 minutes

Sep 16, 2021

Surat (Gujarat) [India], September 16 (ANI/PNN): Surat-based digital lending platform Nowofloan.com is revolutionising the lending business.

RBI orders Bajaj Finance to stop disbursing loans via 'eCOM' and 'Insta EMI Card' products

Nov 15, 2023

In a statement, the RBI said the company did not adhere to the digital lending guidelines under these two lending products.