Business Nextgen Finance Raises Rs 215 Crore in Equity to Accelerate MSME Lending

(0)
News

Mumbai (Maharashtra) [India], Business Nextgen Finance Private Limited (BNF), a new-age Non-Banking Financial Company focused on providing secured credit to Micro, Small and Medium Enterprises (MSMEs), has successfully raised ₹215 crore in equity capital from a marquee group of institutional and strategic investors.

Leave a Reply Cancel reply

Income Tax notice based on third-party WhatsApp chats? Pune ITAT explains why ₹10.52 lakh addition was deleted
The Pune ITAT deleted a ₹10.52 lakh unexplained investment addition after the tax department relied on WhatsApp chats recovered from a third party’s mobile phone. The tribunal found that the electronic evidence lacked the required authentication to sustain the tax demand.
Gold, silver prices today, 3 September: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata
Gold and silver prices today, 3 September: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.
₹41.69 lakh cash deposit and no ITR: What ITAT Bangalore’s ruling means for taxpayers who miss tax notices
A Bengaluru taxpayer faced a ₹41.69 lakh unexplained cash deposit tax demand after failing to file an ITR and respond to tax notices. The ITAT Bangalore refused to condone his nearly four-year delay, leaving the assessment and penalty orders undisturbed.
8th Pay Commission: Will civilian pensioners get One Rank One Pension? Key proposals explained
The 8th Pay Commission is examining pension reforms, including civilian OROP, pension parity and notional fixation. The key question is whether the panel will only revise pensions or also address disparities across generations of retirees.
Mid caps hit a new high in August 2026, while large caps remain below peaks: What investors should know
August 2026 saw a clear divergence across market-cap segments. Midcaps and smallcaps gained while largecaps declined. Midcaps also hit a new peak, while smallcaps came close. Over 10 years long period, midcaps delivered the highest returns.
CGHS rules changed: Critical illness can now mean lifetime benefits for dependent sons, brothers
CGHS rules have been relaxed for dependent sons and brothers with critical or terminal illnesses, allowing eligible beneficiaries to receive medical benefits for life.
8th Pay Commission: Key dates and updates to watch as government employees and pensioners await July DA hike
Government employees and pensioners await the July 2026 Dearness Allowance revision and the 8th Pay Commission consultations. Meetings are ongoing to discuss pay and pension matters, with recommendations expected by mid-2027. 
Gold loans surge 4x in the last 5 years, but penetration remains low: Report reveals where the growth is coming from
India’s gold loan market has nearly quadrupled to ₹18.6 trillion in five years, overtaking personal loans. Yet, only around 8% of household gold is monetised through organised lenders. Find who is borrowing, which states are driving growth, and which lenders are gaining share. 
SBI user alert: UPI outage scheduled for September 4; what you need to know
State Bank of India advises customers to use UPI Lite or alternative payment methods during maintenance.
3 years vs 5 years: How your investment strategy should change as your goal gets closer
Investment strategies should adapt as goals approach, particularly between three to five years. Moving away from high-risk equity is essential for protecting savings.

Business Nextgen Finance Raises Rs 215 Crore in Equity to Accelerate MSME Lending

Leave a Comment

Leave a Reply Cancel reply