BNP Paribas increased its stake in Aye Finance Limited from 3.87% to 4.75%, purchasing 21,73,778 shares.
An NBFC that provides secured and unsecured small business loans to micro-scale MSMEs across India. Aye Finance offers working capital solutions, mortgage loans, property loans, and hypothecation loans designed for small entrepreneurs and business owners. The company distinguishes itself by focusing on underserved micro-businesses that require accessible and flexible financing options for operational needs, inventory management, and business expansion.
French global bank with around EUR 2.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.
