Credit Archives - GroYourWealth

Kissht operator OnEMI Technology Solutions files IPO papers with Sebi to raise Rs 1,000 crore from fresh issue

19 August 2025 by Admin

Mumbai-based OnEMI Technology Solutions that operates India’s digital lending platform (Kissht), a technology-enabled lender in India has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). About OnEMI Technology Solutions IPO The IPO, with a face value of … Read more

SK Finance loan book jumps 27 pc to Rs 13,261 cr in FY25; eyes Rs 2,200 cr via IPO

15 July 2025 by Admin

Jaipur-based SK Finance Ltd, a non-banking financial company has reported 27% rise in its loan book to Rs 13,261 crore for FY25, compared to Rs 10,476 crore in the previous year. Despite weathering industry headwinds in FY25, SK Finance stayed resilient, delivering an impressive performance backed by robust demand and focused expansion, according to company’s … Read more

State’s total credit plan outlay for FY’26 set at ₹11,88,986 crore

23 May 2025 by Admin

The total credit plan outlay of Karnataka for the current fiscal, 2025-26, has been set at ₹11,88,986 crore, at the 169th State Level Bankers’ Committee (SLBC) meeting held at the Vidhana Soudha here on Thursday. Of this plan outlay, the priority sector’s (comprising agriculture, micro, small and medium enterprises, export credit, education, housing, social infrastructure, and … Read more

India’s Shapoorji Pallonji draws strong interest for debt sale: Reports

21 March 2025 by Admin

India’s Shapoorji Pallonji Group has secured investor commitments of more than $4 billion for its debt sale in April, surpassing its funding target, two sources familiar with the matter said on Friday. The group, which caters to sectors including construction and real estate, plans to raise $3.2 billion to $3.3 billion through the bond issue, … Read more

Shapoorji Pallonji Group likely to sell bonds in April-June, bankers say

19 March 2025 by Admin

India’s Shapoorji Pallonji Group is likely to raise around $3.3 billion through sale of bonds in the first quarter of the next financial year, two merchant bankers said on Wednesday. The group could raise anywhere between 270 billion rupees to 290 billion rupees ($3.1 billion to $3.35 billion) through a group entity, and the bonds … Read more

Hyderabad businesswoman duped of ₹2.29 lakh in credit card limit update scam

27 November 2024 by Admin

A businesswoman from Hyderabad was duped on the pretext of updating limit of credit card. The image is used for representative purposes only. | Photo Credit: Getty Images A 53-year-old businesswoman from Hyderabad fell victim to a ₹2.29 lakh credit card limit update fraud. The victim received a phone call from an individual claiming to … Read more

Ahead of poll, credit war breaks out in Maharashtra over classical language status to Marathi

5 October 2024 by Admin

The Union Cabinet’s decision on Thursday to grant classical language status to Marathi, a demand pending since 2013, has set off a political credit war in the State ahead of the Assembly election due this year. After Prime Minister Narendra Modi took to X to state that “Marathi is India’s pride” and “this honour acknowledges … Read more

Bank of Baroda may raise up to Rs 5,000 crore through infra bonds in coming days

2 September 2024 by Admin

Bank of Baroda is likely to raise up to Rs 5,000 crore through the issuance of infrastructure bonds in coming days, as the state-owned lender looks to garner long-term funds amidst firm demand for credit. The bank may conduct the debt sale on September 6, with the issuance likely to have a base size of … Read more