L&T Finance Unveils 'Spoorthi' Program for Women Entrepreneurs

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Financial Sector Buzz: L&T, SIB Launch New Services; Ionic Wealth AUM Soars

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News18•05-03-2026, 21:00

Financial Sector Buzz: L&T, SIB Launch New Services; Ionic Wealth AUM Soars

•L&T Finance launched 'Spoorthi', a program empowering women entrepreneurs with property loans and LAP for business expansion.
•South Indian Bank partnered with smallcase to offer a digitally integrated Loan Against Mutual Funds (LAMF) at 9.99% interest.
•AI-Powered Ionic Wealth announced its Assets Under Management (AUM) crossed Rs 9,000 crore (USD 1 billion) in just 22 months.
•L&T's Spoorthi provides extended loan tenors up to 25 years and enhanced eligibility for women-led businesses.
•SIB's LAMF solution, enabled by smallcase, offers an end-to-end digital journey for pledging and disbursal of mutual fund units.

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