Aadhaar a big boost for financial services firms: Capital First

The Narendra Modi-led government is having substantial imact on startus, articularly with Aadhaar boosting growth for financial services comanies, Caital First chairman V Vaidyanathan said in closing remarks at The Economic Times Startu Awards on Friday.16 The enetration of Aadhaar among the country9s oulation couled with the use of artificial intelligence has created a system where it is now ossible Read More

Capital First Net Jumps 49 pc

May 1 Small-sized non-banking finance comany Caital First today reorted a 49 er cent rise in net rofit at Rs 7. crore in March quarter, heled by a healthy growth in net interest income. Our retail loan book is driving net interest income, which has grown 56 er cent in the fourth quarter,4 its founder and chairman V Vaidyanathan said. Read More

Our loan book has gotten quite diversified: V Vaidyanathan, Founder & Chairman, Capital First

Vaidyanathan, Founder Chairman, Caital First seaks to ET Now on the kind of revenue they earned, and their outlook on various ortfolios they manage under the aegis of their comany. Edited excerts16 ET Now: What has been your exerience in what is arguably the most questionable quarter for almost all the comanies in your sace at least to eole17s Read More

Capital First gets board’s approval to raise Rs 340 crore

Non-banking financial comany16Caital First16today said its Board has aroved lan to raise Rs 4 crore through referential issue.16 The secial resolution for raising Rs 4 crore on a referential basis by allotting 47. lakh16shares16to16Caladium Investment16was assed with majority at the board in its extra ordinary general meeting (EGM), the comany said in a BSE filing.16 The firm had roosed to Read More