nbfc

02 Jul

Level 5 Unlocked: PayRupik Celebrates 5 Years of Financial Inclusion as AUM Crosses Rs 1,500 Crore

Shruti JoshiBusiness#AIAGENTS, digital lending, digitalloans, financial inclusion, Fintech, nbfc, novorbisitus, payrupik

Bangalore (Karnataka) [India], July 2: From a lean 20-person startup in 2021 to a fintech powerhouse with 40 million downloads, the digital lending pioneer marks its fifth anniversary with eyes set on an even bigger year ahead. This journey has been facilitated through the mentoring and support provided by the regulators, such as the Reserve Bank of India (RBI), whose regulatory framework and supervision have ensured that there is responsible and inclusive growth in the digital lending domain. BENGALURU, Digital lending platform PayRupik (a product of Sayyam Investments Private Limited) officially marks its fifth anniversary this year, celebrating a half-decade milestone defined by exponential growth, technological disruption,…

22 May

Capital India Finance AUM Grows 22% to Rs 1,227 Crore in FY26; PAT Rises 243%

Shruti JoshiBusiness#BusinessGrowth, Annapurna Finance, aum_growth, capital_india_finance, car_ratio, cifl, disbursement_growth, msme_lending, nbfc, pat_growth

New Delhi [India], May 21: Capital India Finance Limited (CIFL) reported 22% YoY growth in Assets Under Management (AUM) to ₹1,227.37 crore during FY26, while disbursements increased 62% YoY to ₹753.54 crore. The growth was supported by the company’s continued focus on secured MSME lending, distribution expansion, technology-led execution, and balance sheet strengthening initiatives. On the financial performance front, CIFL reported a standalone Profit After Tax (PAT) of ₹40.36 crore for FY26, registering a 243% YoY increase. Total revenue for the year rose 11% YoY to ₹229.67 crore. During FY26, CIFL expanded its branch and distribution network from 29 branches…