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Future Retail heads for liquidation as lenders fail to get suitable buyer
Future Retail, once the crown jewel of Kishore Biyani-led Future Group, is now heading for liquidat…
PTI
Not comfortable with NPAs in urban co-op banks says RBI, asks lenders to focus on governance
RBI Governor Shaktikanta Das on Monday said the central bank is "not comfortable" with the gross no…
PTI
India's central bank urges lenders to de-dollarize trade with the UAE using local currencies
The Reserve Bank of India is pushing for non-dollar trade with the United Arab Emirates, sources to…
Filip De Mott
India’s microfinance loan portfolio stands at ₹3 lakh crore with 6 crore unique borrowers
The Indian microfinance loan industry today serves 6 crore unique borrowers having 11.8 crore loan …
The unraveling of $3 billion crypto lender BlockFi amid FTX's 'death spiral', according to bankruptcy filings
"FTX's apparent 'rescue,' which began in the summer of 2022, stabilized BlockFi. But that was short…
Morgan Chittum
Meet the CEO of Finblox, a Hong Kong-based crypto lender serving a region with some of the highest fintech adoption in the world
Peter Hoang is a YC alum who has raised $4 million for his crypto-investment firm Finblox, which ha…
Katie Canales
Goldman Sachs is looking to raise $2 billion to buy Celsius assets at bargain prices if the crypto lender goes bankrupt: report
Goldman Sachs is approaching Web3 crypto funds and traditional financial institutions to gauge inte…
Zahra Tayeb
How to build wealth from real estate investing, according to 9 couples and individuals who have done it
Insider compiled a list of stories about couples and individuals who have used real estate as a too…
Business Insider
This Social Enterprise Runs A Global Crowd-funding Platform; Eyes $3-5 Million In Series B Funding
Unlike many other ventures in this space, this social enterprise is a for-profit concern, but has n…
ICICI Bank partners with Amazon to offer ₹25 lakh overdraft facility to individual sellers and small businesses
The partnership, ICICI Bank said in a press release on Monday, would enable sellers to avail an …
Yes Bank was the biggest lender to loan defaulter Cox & Kings
Cox & Kings is currently going through the corporate insolvency resolution process. The…
PTI
One in every five rupees lent by SBI to individuals, goes to government employees
That is one in every five rupees lent to individual borrowers goes to people working in the gove…
Alt lender SoFi has reignited its plans for a national banking license
Leading US alt lender SoFi has filed an application with the Office of the Comptroller of the Curre…
Victor Chatenay
Bank profits slouched 70% in the first quarter as lenders set aside billions for default protection
Cash protecting against soured loans jumped to $197 billion from the year-ago $125 billion sum as l…
Ben Winck
The Fed begins purchases of up to $250 billion in individual corporate bonds
The central bank will create a portfolio "based on a broad, diversified market index of US corporat…
Ben Winck
Coronavirus: Assocham suggests moratorium on debt repayments for corporates, individuals
"Medium to long-term financing is key to stability of the crucial NBFCs which are one of the main s…
PTI
RCom lenders might recover just a fourth of their loans after asset sale
The others who bid include UV Asset Reconstruction and US-based equity fund Varde Partners. …
Here's how to choose an appropriate mortgage lender
The purchase of a property is one of the major financial decisions that an individual makes in his …
Whether you're buying a car or taking out a mortgage, most lenders determine your trustworthiness the same way
Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…
Tanza Loudenback
Peer-to-peer lender Zopa is now profitable - a year ahead of schedule
Janardana told the audience: "At the beginning, we said these are uncertain times, let's bring forw…