Articles for tag: Aye, Bank, Bolstering, Drive, Empower, Finance, Financial, Funding, Inclusion, microenterprises, Million, Mission, Secures, Slowing

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Amidst slowing bank funding, Aye Finance secures  million to empower micro-enterprises, bolstering their mission to drive financial inclusion.

Amidst slowing bank funding, Aye Finance secures $30 million to empower micro-enterprises, bolstering their mission to drive financial inclusion.

Aye Finance, a non-banking financial company based in Gurugram, has successfully raised $30 million in a Series G funding round led by ABC Impact, which is backed by Temasek. This funding comes just eight months after Aye Finance secured $37 million in its Series F round, bringing its total funding to $164 million since 2014. ...

Market News

RBI Governor Shaktikanta Das reassures India’s growth amid slowing GDP, emphasizing inflation control and optimistic consumption and investment trends.

RBI Governor Shaktikanta Das reassures India’s growth amid slowing GDP, emphasizing inflation control and optimistic consumption and investment trends.

Shaktikanta Das, Governor of the Reserve Bank of India, affirmed that India’s economic growth story remains strong despite a slowdown in GDP during the first quarter. He highlighted that consumption and investment are both increasing. Das emphasized the need for new members in the Monetary Policy Committee to ensure timely meetings. He noted optimism in ...

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