RBI rejects Cred bid to boost stake in Newtap Fin

The fintech’s plan to increase its stake in Newtap Finance, formerly Parfait Finance and Investments, from the current 23.6% stake suffered a setback after the regulator returned Cred’s application.

Related Keywords

Mumbai ,Maharashtra ,India ,Kunal Shah ,Jitendra Gupta ,Sequoia Capital ,Registrar Of Companies ,First Bank ,Newtap Finance ,Parfait Finance ,Newtap Technologies ,Tiger Global ,Uni Cards ,Amica Financial ,Rbi ,Cred ,Fintech ,Stake ,