Indel Money in talks to divest 15% stake and raise Rs 400 crore


Indel Money in talks to divest 15% stake and raise Rs 400 crore

The NBFC is aiming to double its gold loan portfolio by 2022-23 from that of 2020-21, banking on sustained economic recovery, subsequent growth in gold loan demand and its accelerated expansion plan across India.

The feature called UPI123Pay will offer payments through IVR Number, app functionality in feature phones, missed call-based transactions and sound-based payments. The Central bank also announced the rollout of a 24x7 helpline for digital payments called DigiSaathi.


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