Delays in debt recoveries irk Bombay HC; asks Finance Ministry to enhance Debt Recovery Tribunal
The Bench was irked noticing a near 20-year delay by DRT. Omkar Gokhale The Bombay High Court (HC) recently observed…
Azimo, the money transfer service, secures €20M debt finance from the European Investment Bank
Azimo, the money transfer service that is HQ’d in London but has the majority of its staff based in based…
The Education Department is cancelling $10.8 million in student loan debt for students at two shuttered schools
More than 1,500 former students at two shuttered schools will get a fresh start on their finances after the U.S.…
Vijay Mallya offers to curtail ‘lavish’ lifestyle to repay debt to banks
Vijay Mallya is willing to curtail his ‘lavish’ lifestyle. (File) A UK court has been told that embattled liquor tycoon…
SAIF Partners-backed Aye Finance raises $10 mn in debt funding
Non-banking finance company Aye Finance Pvt. Ltd said on Thursday it has raised $10 million (Rs 71 crore) in debt…