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LOAN ORIGINATION SOFTWARE
Goldman Sachs' private credit fund cuts value by 3.7%Goldman Sachs BDC reported net asset value per share (NAV) of $12.17 at the end of March, which is roughly 3.7% lower than the previous qua...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsAs far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...
AI-led lending platform Uncia raises $3 million from Pavestone to scale up, expand overseasThe funding marks Uncia’s first institutional round and will be used to grow its presence in India and expand presence into the Middle East...
US Stocks: Private credit strains ripple through Wall Street as investors grow waryPrivate-credit market jitters have spilled onto Wall Street, with some major U.S. banks tightening lending while the funds have capped with...
BlackRock fund limits withdrawals as redemptions rattle private creditBlackRock has restricted withdrawals from a major debt fund. This action follows a surge in redemption requests. Investor worries are growi...
Trust Fintech stock lists at 42% premium on NSE SME platformTrust Fintech debuted on NSE SME platform at a 41.8% premium. The IPO had overwhelming investor response, issuing 62.82 lakh shares. Procee...
Govt blocks 232 betting, loan apps linked to China, other countriesThe government has blocked 232 apps operated by overseas entities for being involved in betting, gambling and unauthorised loan service, ac...
Fintech SaaS firm Lentra raises $60 million in fundingThe Pune-based company is expected to enter Indonesia, Vietnam and the Philippines by March next year and have an international presence ac...
Banks' YoY credit growth at 6.7 per cent remains subdued in JuneThe slowdown in disbursement of new credit in this period has been attributed by bankers to challenges in conducting origination activities...
Borrowers play fraud on SBI; misuse Rs 3.3 crore car loan for producing Tamil filmThe fraud was done with the connivance of an auto loan counsellor who allegedly hacked the bank's computers to facilitate the loan sanction...
Digitisation push makes BFSI sector attractive to SaaS playersServices such as credit score analysis, loan process automation and fraud detection through software are already on offer by companies such...
Things you should know before agreeing to be a guarantor for a loanBy standing guarantor for another person’s loan, you will reduce your own loan eligibility to the extent of the amount of loan that you sta...
- Brilliant Tutorials in legal battle: CA stakes claim to 99% holding
The erstwhile leader of private tutored education in India-––Brilliant Tutorials––is in the throes of a legal battle.
- Genpact acquires High Performance Partners
BPO major Genpact on Monday said it has acquired 100 per cent stake in High Performance Partners (HPP).
- Sallie Mae cancels Indian offshoring plans
Through its subsidiaries, Sallie Mae manages $180 billion in education loans and serves 10 million student and parent customers.
- Laser Soft bags $2 mn banking software contracts
Chennai based Laser Soft Infosystems, a banking software application provider, has secured mandates worth $2 million from three newly acqui...
- Vinod Dham picks up 25% stake in ISGN
NRI venture capitalist Vinod Dham’s New Enterprise Associates (NEA) has picked up a minority stake in KK Birla-promoted mortgage BPO ISGN f...