Loans

Small business loans & merchant OD facility helped Equitas SFB loan growth: CEO Synopsis “We do not expect our risk profile of the portfolio to change pre Covid and post Covid. Also pre Covid, our average annual credit cost…

Paytm's loan distribution business scales to 9.2 million The loan distribution business of Paytm witnessed accelerated growth with disbursements through the platform now at an annualized run rate of ₹34,000 crore in the month of September…

Bandhan Bank Q2 business update: Collection efficiency rises to 97% excluding NPAs Bandhan Bank Q2 business update: As per the initial disclosures of the bank, loans and advances at the end of the second quarter stood at Rs 99,374 crore,…

The Singapore High Court on Monday approved a petition to recognize the liquidation order against Three Arrows Capital (3AC) issued by a court in the British Virgin Islands, Bloomberg reported Wednesday, citing unnamed sources. The…

Netherlands-based crypto investment firm Maven 11 has launched its third lending pool on Maple Finance, giving borrowers access to liquidity amid the bear market.The $30 million pool financed by institutional lenders will be utilized by…

Tether’s Bitcoin (BTC)-denominated loan to Celsius Network has been fully liquidated without a loss, easing concerns that the stablecoin issuer may have oversized exposure to the embattled crypto lender.In a statement issued Friday,…

A Dune analytics platform user has found that more than $18.5 million worth of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) Nonfungible tokens (NFTs) have been marked as stolen or flagged for suspicious activity on…

Celsius (CEL) has repaid a substantial amount of its outstanding debt to Maker (MKR) protocol since the beginning of the month, signaling that the troubled crypto lending platform was trying to stave off a complete collapse amid credible…

Cryptocurrency exchange Voyager Digital announced Friday that it was temporarily suspending trading, deposits, withdrawals and loyalty rewards. “The failure of a borrower, Three Arrows Capital, to repay a substantial loan from us makes…

Investment banking giant Citigroup has released research on how property technology could affect the housing market, mentioning virtual estate in the metaverse and cryptocurrency-backed mortgages.In a report released Wednesday titled,…