DHFL lenders to meet in early July to hammer out a rescue package
Lenders to beleaguered Dewan Housing Finance Corporation (DHFL) will meet in the first week of July to hammer out a rescue package, which will include the reworking of loan payments, fresh working capital support, roping in a financial investor, and putting a new management team in place. Read more here
Paytm poised to start its P2P lending business with Clix Capital
Clix Capital is in advanced talks with One97 Communications, which controls Paytm, for a strategic stake in its planned peer-to-peer (P2P) lending platform.