Founder Denies Fraud, Blames Lenders for Company Collapse
First Brands founder Patrick James accuses lenders of predatory practices leading to bankruptcy, while new management alleges massive financial fraud. Key details inside.
First Brands founder Patrick James accuses lenders of predatory practices leading to bankruptcy, while new management alleges massive financial fraud. Key details inside.
India's fintech lending shifts focus from rapid expansion to liability management and customer monetization after regulatory overhaul. Discover the new priorities and IPO plans shaping the sector's future.
Tamil Nadu's new money lending rules remove collateral for loans under ₹4 lakh and up to ₹10 lakh for SHGs, aiming to empower low-income groups and women entrepreneurs. Discover how this policy change fosters financial inclusion.
Fino Payments Bank, now an SFB, plans a strategic shift towards secured lending like property loans, avoiding unsecured risks. Read about its merchant-focused growth plan.
US Senator Elizabeth Warren warns private credit market failures are 'tip of the iceberg', urges regulators to conduct stress tests. Read more on the growing risks to the financial system.
RBI's MPC slashed repo rate by 25 bps to 5.25%, urging banks to cut lending rates. See how HDFC, SBI, ICICI, and other top banks' home loan rates are impacted. Check your potential EMI savings now!
The RBI has revoked its 2016 framework that pushed large borrowers to debt markets. The move is expected to boost corporate bank credit by ₹3-4.5 trillion. Read the full analysis.
Philippines-based digital bank Tonik secures $12 million in pre-Series C funding to expand its capital-efficient lending operations and drive financial inclusion.
PSU bank chiefs warn RBI of a 70-bps margin squeeze as loans reprice instantly with repo rate cuts, but deposit rates lag. Key asymmetry threatens profitability.
The Indian government's new digital credit assessment model for MSMEs aims to streamline lending, reduce bank delays, and boost financial inclusion. Learn how this initiative works.
Bengaluru's Viva Money surpasses 1,000 credit lines issued in 3 months, disbursing ₹3.5 Cr+ loans. Plans expansion to Rajasthan & Maharashtra, aiming for 40,000 credit lines by year-end. Read more.
Rang De's peer-to-peer lending platform reaches Rs 100 crore disbursement, connecting 11,000 lenders with 28,000 underserved borrowers across India. Discover how ordinary Indians are fueling rural entrepreneurship.
RBI strengthens digital banking framework with 7 new master directions covering IT governance, cybersecurity, and outsourcing. Learn how this impacts your banking security.
Home Credit India report reveals 65% of borrowers use mobile banking as credit transforms from safety net to aspiration catalyst for India's lower-middle class. Discover the shift!
Corporate America shows resilience in Q3 2023 with strong earnings despite economic challenges. Discover key trends, sector performance, and future outlook for US companies.
FM Nirmala Sitharaman urges MCA to simplify processes, build a live dashboard for transparency, and fast-track services to realize India's developed nation vision. Read more.
Bank lending to first-time micro-entrepreneurs under PMEGP drops sharply due to rising NPAs, US tariffs, and tighter credit norms. Only 12,707 projects supported this fiscal year.
PayU India reports $3M adjusted EBITDA profit in Q2, reversing a $6M loss. Revenue hits $214M, up 21% YoY, driven by merchant lending boom. Read the full analysis.
As digital lending booms in India, learn the 5 critical personal loan mistakes to avoid for protecting your credit score and financial future. Borrow smart today!
Explore how India's festive season, boosted by GST cuts and digital credit, drives consumer spending and economic growth. Learn smart tips to avoid debt traps.
Discover how Stock Lending and Borrowing Mechanism (SLBM) helps Indian investors generate low-risk passive income from idle shares while avoiding penny stock pitfalls.
New report reveals China's $2.2 trillion global lending strategy is shifting from development projects to M&A financing as Western nations resist equity investments.
DeepSnitch AI cryptocurrency skyrockets 58% in November 2025 as Tether announces Bitcoin lending support. Discover top crypto investments and market trends.
A Bengaluru woman faces threats with morphed images after borrowing Rs 2,000 from Rup Credit App. Police investigation ongoing. Stay informed about digital lending risks.
China redirects 75% lending to wealthy nations, US gets $200B across 2,500 projects. AidData report reveals strategic shift with global security implications.
BlackSoil Capital accelerates MSME lending post-merger with Caspian Debt, targeting 50% growth and doubled profits while maintaining 1.5% NPAs. Read how they're transforming small business financing.
Bajaj Finserv Mutual Fund launches new scheme investing in banking, financial services & digital finance companies. Explore India's digital transformation story.
India's NBFCs including Bajaj Finance and IIFL Finance are scaling back MSME loans as bad debts rise. Learn why lenders are shifting to secured lending and tighter underwriting standards.
As tech giants borrow billions for AI expansion, lenders are buying record credit protection. Oracle CDS trading hits $4.2 billion amid default concerns. Discover the risks behind India's AI revolution.
Indian-origin Deepa Purushothaman's corporate success came at a cost: 100-hour work weeks triggered dormant Lyme disease, leaving her bedridden for 8 months. Her story redefines success.