Lenders

ED to tap lenders for information on Byju's loans, transactions; complying with all foreign exchange laws, CEO writes to employees - The Economic Times Video | ET NowBusiness News›Tech›Tech & Internet›ED to tap lenders for information…

The Directorate of Enforcement (ED) is planning to write to lenders and banks as part of its investigation into Byju’s, seeking details of various transactions and loans, said people aware of the matter.ED, India’s federal financial probe…

The Enforcement Directorate (ED), days after searching premises linked to Byju’s for alleged Foreign Exchange Management Act (FEMA) compliance issues, is planning to approach its lenders to seek more details on the edtech major's funding…

Sifting through receipts and debts, Matt McCune can look back through the financial debris of his bankruptcy clients’ lives. In the wreckage, he often finds a common accelerant. “Basically what I see, the people that are struggling will go…

Crypto firms have been left scrambling to find banking partners after the collapse of three crypto-friendly lenders in the U.S. last month, creating a risk their business will become concentrated in smaller financial institutions.It is a…

Edtech major Byju's lenders have sought up to $200 million in prepayment along with a higher interest rate to restructure its $1.2 billion term loan B (TLB). This and more in today's ETtech Morning Dispatch.Also in this letter:■ NFT…

Byju’s lenders have sought up to $200 million (about Rs 1,600 crore) in prepayment along with a higher rate of interest from the Bengaluru-headquartered company as a precondition to restructure its $1.2 billion (Rs 9,600 crore) term loan B…

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Bank of Nova Scotia (Scotiabank) reported a lower first-quarter profit on Tuesday, as a lull in its investment banking division dented income from its capital markets unit and compelled the Canadian lender to set aside higher…

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