GSTN to share data with RBI's frictionless credit platform
The move will help entities get loans faster on the basis of shared Goods and Services Tax (GST)-related information
Source: moneycontrol.com
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Policybazaar: Policybazaar parent reaffirms FY24 profitability plan, even as Q2 remains in losses
Chairman Yashish Dahiya says Q3 and Q4 are the strongest for PB Fintech and will help offset losses in the first two quarters.
Source: indiatimes.com
Apax raises $750m for dedicated credit funds
Apax raises $750 million in commitments for first-generation credit funds
Source: opalesque.com
Shaktikanta Das: RBI mulls handing over frictionless credit platform to private company: Shaktikanta Das
Under the frictionless platform initiative, banks are extending loans like the Kisan credit cards in under 10 minutes.
Source: indiatimes.com
First Eagle Alternative Credit rakes in $1bn for the fifth direct lending fund
First Eagle Alternative Credit (FEAC), the $21 billion credit platform of First Eagle Investments, announced the close of its fifth direct lending fund at over $1 billion in total available capital, including leverage.
Source: opalesque.com