Bengaluru (Karnataka) [India], May 14: MPOWER Financing ("MPOWER"), a mission-driven fintech firm and the leader in international student financing, today announced the completion of its second securitization, MPOWER Education Trust 2025-A ("MPOWR 2025-A"). The $313.2 million collateral pool
New Delhi [India], May 14: Yubi, the world's only tech company powering the entire debt lifecycle, today released its Annual Partnership Lending Report for FY 24-25, offering a deep dive into the evolving landscape of co-lending, securitization, and 100-0 partnership lending models in India'
Mithas, the majority shareholder and Director of the Unnati Group, was taken into custody on May 8, 2025, following a detailed investigation that uncovered large-scale misappropriation of funds sanctioned by ICICI Bank. The loans--Rs 100 crore for the Aranya Project in Noida and Rs 65 crore
New Delhi [India], May 6: Owning a home means different things to different people. For some, it is a long-term investment. For others, it is about building something of their own at their own pace. The way you approach it, whether you want to move in quickly, take time to construct or inves
Pune (Maharashtra) [India], May 6: A two-wheeler offers a smart and convenient solution for everyday travel. From cutting through traffic to saving on fuel, it offers unmatched ease and independence. To make this goal more achievable, Bajaj Markets offers hassle-free two-wheeler loans des
Gurgaon (Haryana) [India], May 5: With access to credit becoming easier, there has been a 21-year drop in average age of customers getting their first credit product, underlining the fact that consumers are now starting their credit journeys at a significantly younger age with each passing g
Gujarat [India], May 5: Surat-based IBL Finance Limited, a leading company known for providing fast and easy loans using technology and data science, has informed the stock exchanges that it has achieved the milestone of over Rs. 100 crore in Assets Under Management (AUM) and is progressing
Non-Banking Financial Companies (NBFCs) are growing at a higher rate than India's overall economic growth and it is expected to continue its growth at a faster pace according to a new report released by Mavenark Advisors.
Pune (Maharashtra) [India], May 2: Thanks to digital tools, managing credit health has become easier. Tracking credit scores and downloading reports is now effortless, helping individuals plan loan options conveniently. Whether a potential borrower wants to apply for an instant loan or check
New Delhi [India], April 30: Owning a two-wheeler in India is more than just a convenience--it's often a necessity. Whether it's for commuting to work, running household errands, or enabling mobility in remote areas, bikes and scooters have long been the go-to choice for millions.
Reddy stated that Telangana is currently paying Rs16,000 crore annually in interest and instalments on high-cost loans borrowed during the BRS regime for this "faulty" project, thereby placing an enormous burden on the state's finances and its farmers.