Piramal Finance, a subsidiary of Piramal Enterprises Limited, has entered into an agreement with the Central Bank of India to expand co-lending operations. In a bid to support and reach underserved markets, Piramal Finance teamed up with the Central Bank of India, with the two organisations planning to centre their efforts on offering loans to
COSTA MESA, Calif., July 23, 2024–(BUSINESS WIRE)–The following is an opinion editorial provided by Sandy Anderson, Experian’s executive vice president of the data office, operations, governance and privacy: Amid some of the financial challenges that underserved communities experience, members across the financial services community remain committed to championing initiatives and programs that drive greater financial
Equifax Canada TORONTO, May 17, 2024 (GLOBE NEWSWIRE) — Equifax Canada, a global data, analytics, and technology company, is committed to promoting financial inclusion and access to fair and responsible credit opportunities for all Canadians. As part of this commitment, Equifax is exploring how data sources not traditionally used in credit scores, such as payday
Piramal Alternatives, the fund management division of the Piramal Group, today announced a significant investment of $75m in Annapurna Finance Private Limited, a leading non-banking finance company focused on microfinance. The investment includes a mix of secondary share purchases and provision of Tier-2 capital, which will enable the company to continue its risk-adjusted growth strategy. Annapurna
Global issuer-processor, Paymentology, has agreed a strategic partnership with Diamond Trust Bank. The partnership aims to drive financial inclusion in Kenya through the embedding of financial services, and deployment of Cards-as-a-Service (CaaS), for both licensed and unlicensed entities. The bank operates across Kenya, Tanzania, Uganda, and Burundi. It provides banking and insurance solutions to retail,