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The well-known Indian education technology company Byju's has decided not to make the interest payment due on its dollar loan due to its difficult financial circumstances. In response, the business has gotten in touch with a variety of lenders to talk about a proposal for an amendment.
Errors in your credit report can dent your chances of getting a loan or even a credit card. If you spot errors, make sure you get them rectified at the earliest.
The $1.2 billion debt is the largest unrated loan by a start-up ever. The once high-flying company led by former teacher Byju Raveendran had been trying to strike a deal with creditors to restructure the loan, after the sharp dip of the pandemic-era boom in online tutoring dealt a massive blow to its finances
You can apply for a credit card from a bank you have your salary account with or opt for a secured credit card. Top tips: purchase consumer electronics on monthly instalments and, most importantly, repay before the due date to build a good credit history.
The Delhi High Court has ruled that the limitation period for reference of money dispute between the cooperative society and its defaulting member to arbitration, would be determined as per the...