The lender can work with startups and borrowers with bad credit — as long as they have strong revenue. Fora offers large maximum loan amounts and can provide prepayment discounts for those who ...
SQM Research, one of the largest ratings agencies covering private credit, has put the burgeoning sector on “watch” amid an uptick in problem loans, and accusations it has a transparency problem.
Bad loans soared to alarming levels at over a dozen banks that were mired in loan irregularities and major scams under the previous regime, as large businesses with ties to the former government ...
Banks have written off bad loans worth around Rs 16.35 lakh crore over the past ... once the recommendations are made by the 8th Central Pay Commission and accepted by the government, she said.
In a sign of stress in the agriculture sector, scheduled commercial banks, excluding regional rural banks (RRBs), have seen a sharp increase of 42 per cent in bad loans Kisan Credit Card (KCC) ...
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