RNFI Services’ shares launched with a 90% premium on NSE SME. The IPO saw an overwhelming response, being subscribed over 200 times. The company provides diverse fintech services across India, focusing on financial inclusion. India’s fintech market is set to grow from $50 billion in 2021 to $150 billion by 2025, with significant potential in assets under management and revenue.
NaBFID eyes tieups with multilateral funding agencies
The National Bank for Financing Infrastructure and Development (NaBFID) plans to partner with multilateral funding agencies for blended finance to boost sustainable urban infrastructure development