Download the app
App StorePlay Store
Beige
Login
← All tags

lending

Fintechs embrace licences to tame growth risks and unlock wider revenue across India

Fintechs embrace licences to tame growth risks and unlock wider revenue across India

India’s biggest fintech firms are shifting from disruption to regulation by actively chasing multiple licences across payments, lending, and wealth management. Companies such as PB Fintech, Mobikwik, and Paytm are using licensed operations to manage the full customer lifecycle and grow revenues, helped by regulatory pressure and stronger investor confidence in compliant models.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Kissht IPO Debuts Tomorrow After 9.5X Oversubscription Vertex Sells for ₹29 Cr and Ventureast Hits 10.9X

Kissht IPO Debuts Tomorrow After 9.5X Oversubscription Vertex Sells for ₹29 Cr and Ventureast Hits 10.9X

Kissht’s parent OnEMI Technology Solutions is set to list after an IPO that was oversubscribed 9.5X. Early investors booked gains through offloading shares via OFS. Ammar Sdn Bhd made ₹19.8 Cr, Vertex Ventures sold shares worth ₹29.2 Cr, while Ventureast reported three funds delivering up to 10.9X returns. The valuation at the upper price band nears ₹2,881 Cr.

Summarised by Beize from a story on Inc42 on 7 May 2026

Your news, in seconds

App StorePlay Store
Freo buys IndiaLends to scale digital lending fast and aims to serve over 5 crore users

Freo buys IndiaLends to scale digital lending fast and aims to serve over 5 crore users

Digital banking startup Freo has acquired a 100% stake in credit marketplace IndiaLends, pending regulatory approvals. The move will combine Freo’s licences and product stack with IndiaLends’ marketplace distribution, targeting profitable growth at scale. Freo says the combined platform can serve over 5 crore users, with AI embedded across the stack, while both brands will operate independently.

Summarised by Beize from a story on Inc42 on 7 May 2026
Banks Are Quietly Exiting Small Ticket Durable Loans to NBFCs

Banks Are Quietly Exiting Small Ticket Durable Loans to NBFCs

Bank lending for consumer durables like washing machines and televisions is shrinking, while credit cards are increasingly used for these smaller purchases. The space is being filled by non-banking finance companies that can profit from low-ticket ticket sizes. Consumer durable loans remain a tiny share of total bank lending, and the shift toward cards and NBFCs is likely to keep growing.

Summarised by Beize from a story on The Economic Times on 5 May 2026
CSB Bank turns cautious on gold loans while doubling down on wholesale and SME lending

CSB Bank turns cautious on gold loans while doubling down on wholesale and SME lending

CSB Bank says it is getting cautious on gold loans as gold prices turn volatile amid geopolitical tensions. The lender expects slower growth and is reshaping its strategy toward wholesale and SME lending, using digital strengths to support the shift. It plans to keep credit growth steady, with conservative loan to value ratios to manage risk.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Kissht IPO grabs ₹278 crore anchor funding at top price band before April 30 bidding starts

Kissht IPO grabs ₹278 crore anchor funding at top price band before April 30 bidding starts

OnEMI Technology Solutions, the parent of lending platform Kissht, has raised ₹277.8 crore from anchor investors ahead of its April 30 IPO bidding. Kissht allotted 1.62 crore shares at ₹171 per share, the upper end of its ₹162–₹171 range. The issue runs April 30 to May 5 and includes a fresh ₹850 crore component plus an OFS.

Summarised by Beize from a story on Inc42 on 30 Apr 2026

Never miss a story

App StorePlay Store
Bank credit growth slips to 15 percent in early April RBI data signals cooling demand

Bank credit growth slips to 15 percent in early April RBI data signals cooling demand

Bank credit growth slowed to 15% in the fortnight ending April 15, after banks accelerated lending ahead of the financial year end. Even with this dip, credit growth has stayed in double digits for more than seven months, pointing to continued revival in loan demand from both individuals and businesses.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
MobiKwik gets RBI nod for NBFC license and plans its own lending arm soon

MobiKwik gets RBI nod for NBFC license and plans its own lending arm soon

MobiKwik has received Reserve Bank of India approval for an NBFC licence, setting up the launch of its own lending business. The fintech plans to operate this through a wholly owned subsidiary and roll out new credit products for both consumers and merchants. The RBI nod marks a major step as MobiKwik moves beyond payments into direct credit offerings.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
Kissht parent OnEMI IPO opens April 30 with price band ₹162 to ₹171

Kissht parent OnEMI IPO opens April 30 with price band ₹162 to ₹171

Kissht’s parent OnEMI Technology Solutions has filed its RHP for a ₹922 crore IPO, opening for bidding on April 30 and closing May 5. Anchor bidding runs April 29. The IPO includes a fresh issue of up to ₹850 crore and a reduced OFS. The public price band is ₹162–₹171, valuing the firm at about ₹2,774 crore at the top end.

Summarised by Beize from a story on Inc42 on 27 Apr 2026
IDFC First Bank says microfinance stress is under control as deposit rates likely stay flat

IDFC First Bank says microfinance stress is under control as deposit rates likely stay flat

IDFC First Bank expects no immediate rise in deposit rates after recent cuts, signaling stability on funding costs. The lender says microfinance stress is now under control while it concentrates on growth across mortgage, vehicle and consumer loans. It also plans to expand rural banking and its priority sector loan book, alongside technology and mobile app investments for future growth.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026

Reading on mobile?

App StorePlay Store
AI powered NBFCs could outpace traditional banks in credit and underwriting

AI powered NBFCs could outpace traditional banks in credit and underwriting

AI adoption is giving NBFCs a measurable edge in lending, helping them win market share by improving credit underwriting and decision speed. The shift could let NBFCs grow faster than traditional banks over the next decade, squeezing incumbents that rely on older risk models and slower processes. As efficiency rises, competitiveness tilts toward AI-first lenders.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Gold loan fintechs pivot to own loan books as RBI tightens lending rules

Gold loan fintechs pivot to own loan books as RBI tightens lending rules

Gold loan fintech startups are changing gears after RBI tightened norms that disrupted their earlier loan-sourcing model. Firms like Indiagold and Oro are obtaining NBFC licenses and arranging debt funding to build direct lending loan books, while also weighing co-lending partnerships. The move aims to restore growth momentum as service-provider routes face tighter scrutiny.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Jio Financial Services ramps up secured lending but postpones unsecured credit growth

Jio Financial Services ramps up secured lending but postpones unsecured credit growth

Jio Financial Services says it is expanding its lending book through property and asset-backed corporate loans, keeping its focus on secured segments for now. The company is prioritising balance sheet strength before moving into unsecured credit. Alongside lending growth, its payments bank and payment aggregator businesses are also expanding as it targets a broader full-service financial model.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
HDFC merger could reshape India private banking as balance sheet power meets cheaper lending costs

HDFC merger could reshape India private banking as balance sheet power meets cheaper lending costs

HDFC Bank’s larger balance sheet could translate into bigger loan disbursals after the merger, while costs may fall due to recent regulatory streamlining. Updated reporting and delinquency provisioning rules for banks and non-bank finance companies are expected to reduce friction. HDFC’s focus on affordable housing and micro-lending can also help align its loan book with HDFC Bank’s development finance requirements.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

Follow your favourite sources

App StorePlay Store
Fintech firms chase NBFC licences as RBI rules tighten, turning survival into a licensing race for margins

Fintech firms chase NBFC licences as RBI rules tighten, turning survival into a licensing race for margins

As RBI regulations tighten, fintech companies are scrambling to secure or pursue NBFC licences. For many players, the licence is more than compliance—it’s a survival lever and growth pathway. Direct lending can deliver higher margins than simply providing technology to banks or existing NBFCs, reshaping competition and strategy across the sector.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Banks are shifting from loans to mutual funds and it changes everything for savers

Banks are shifting from loans to mutual funds and it changes everything for savers

Banks that traditionally relied on deposits and wholesale funding to drive lending are increasingly parking money in mutual funds. The move helps manage returns and liquidity but also puts banks in direct competition for investors’ savings, where mutual fund investments can replace or reduce demand for bank deposits and loans. The result: a reshaped financial landscape.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play