The conference hall in Pune was packed. To retail investors who have long complained about low interest rates, an indicative 10% rate on idle savings seemed like a great deal. LiquiLoans also has an algorithm that automatically assigns a customer’s investment to hundreds of small loans, spreading out the risk. In the past, LiquiLoans also got some of its loans …
NEW DELHI : Cred’s attempt to increase its stake in a non-banking finance company founded by Kunal Shah has run into hurdles, with the Reserve Bank of India rejecting the Bengaluru-based fintech’s application, two people familiar with the development said. The fintech’s plan to increase its stake in Newtap Finance, formerly Parfait Finance and Investments, from the current 23.6% stake …
NEW DELHI : Ashneer Grover’s worst critics can’t accuse him of not dreaming big. BharatPe CEO Suhail Sameer, however, denied that it was either having second thoughts on the P2P lending products; or that it was looking for an exit from NBFCs it has partnered with. The pitch to the former was: “Save your money into BharatPe ‘interest account’ at …
From Rahul Dravid swinging his bat on the roads of Indiranagar, to Madhuri Dixit’s Kathak routine- CRED’s brand films have gained a lot of attention among audiences. CRED Mint and CRED Cash CRED Mint is an investment product launched in partnership with Liquiloans, an RBI registered P2P NBFC. CRED Mint allows members to make the most of their idle money, …