Tag: lenders

Byju's owner Byju Raveendran's photo is seen on his company web page in this illustration. (Reuters)
Posted in Business

Byju’s US lenders removed from creditor panel by court-appointed Indian official

US lenders to Byju’s were removed from an influential creditors committee by a court-appointed arbitrator in India, a potential boon for the struggling online-education company…

Continue Reading
Inside Image (1).
Posted in Economy

RBI looks to soften blow of tighter infrastructure funding rules

The Reserve Bank of India (RBI) is contemplating a staggered implementation of the increase in provisioning for project financing to soften the blow on lenders…

Continue Reading
Reserve Bank of India: RBI shortens frequency of credit reporting to 15 days
Posted in Economy

Reserve Bank of India: RBI shortens frequency of credit reporting to 15 days

The Reserve Bank of India (RBI) on Thursday shortened the frequency of reporting credit information of borrowers to credit information companies (CIC) to 15 days….

Continue Reading
Inside Image (1).
Posted in Startups

Byju’s: Court relief for Byju’s in TLB lenders’ suit

Byju’s won a legal reprieve on Monday when a civil court in Bengaluru declined to grant a plea by its lenders challenging Manipal Group Chairman…

Continue Reading
israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Lending: All credit to festive season, digital lenders eye more business

With the festive season setting in, the digital lending industry is betting big on a quick rebound in business, as consumers prepare to loosen their…

Continue Reading
RBI said Regulated Entities should provide an option to borrowers to switch over to a fixed rate. (MINT)
Posted in Business

RBI directs banks to offer fixed rate option to borrowers at interest rate reset

PTI | | Posted by Singh Rahul Sunilkumar The Reserve Bank on Friday asked banks and other lenders to provide individual borrowers with an option…

Continue Reading
israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

byjus loan: Byju’s lenders accused of using bogus loan-default claims

Lenders to one of India’s hottest tech startups, Byju’s, created bogus default claims tied to a $1.2 billion loan as part of a scheme to…

Continue Reading
A panel of experts appointed by the Supreme Court said in a report last month that there’s no regulatory failure or wrongdoing behind the wild swings of Adani stocks.(REUTERS)
Posted in Business

Adani Group in talks to refinance up to $3.8 billion debt: Report

Adani Group is in talks with lenders, including global banks, as it seeks to refinance up to $3.8 billion of a loan facility taken for…

Continue Reading
Surge in personal guarantor cases under IBC in FY23
Posted in Economy

Surge in personal guarantor cases under IBC in FY23

Personal guarantors of loans taken by bankrupt companies are in the dock as lenders are increasingly invoking such guarantees under the Insolvency and Bankruptcy Code…

Continue Reading