Lenders

X Chief Executive Linda Yaccarino laid out plans to grow the social media company's business during her first meeting on Thursday with X's banks, according to a person who heard the call, part of an effort to update bankers who lent $13…

The frictionless credit initiative being piloted by the Reserve Bank is helping lenders slash their customer acquisition cost by a whopping 70 per cent, while for borrowers the saving is 6 per cent of the loan amount, a senior central…

A borrower’s biggest stress is that they would lose the asset.Banks or financial institutions usually provide a 60-day prior notice, if you miss your EMI. Fulfilling the dream of having a car is comparatively easier than before. There…

Holidays in August 2023: According to the holiday calendar of the Reserve Bank of India (RBI), in August 2023, banks will be closed for 14 days across various including Sundays, second and fourth Saturdays.There will be eight state-specific…

Barclays Plc, DeutscheBank AG and Standard Chartered Plc are in talks to lend between $600 million and $750 million collectively to Adani Group, as part of discussions to refinance the debt taken to fund its purchase Ambuja Cements Ltd.,…

In a breather to the troubled edtech company, the steering committee of lenders has agreed to amend a $1.2 billion term loan with Byju's by August 3, 2023, the lenders announced on Monday. IMAGE: Photograph: Kind courtesy…

Happy Monday. If a swallow does make a summer, maybe Byju’s is going to be in the (Barbie) pink of health or back in the (Oppenheimer) black, some day. For the embattled edtech major may have finally caught a break after an endless series…

Troubled edtech major Byju’s has reached a tentative agreement to rework its loan pact with lenders who collectively own more than 85% of the $1.2 billion Term B loan, people aware of the matter told ET. An announcement in this regard is…

U.S. financial technology companies are tightening their lending standards, a move that has bolstered their access to debt financing from Wall Street investors, according to industry executives.During the COVID-19 pandemic, many fintechs…

Lenders have reported the UK's biggest increase in mortgage defaults since 2009 - and they expect them to rise further in the coming months.The findings come amid growing concern over the cost of mortgages and warnings that…