lending
France orders banks to raise capital buffers to manage risks
France has asked its banks to hold more money in order to mitigate risks associated with private sector borrowing binge.…
RBI bans Allahabad Bank from lending and accepting deposits
The Reserve Bank of India (RBI) has restricted state-run lender Allahabad Bank from lending to risky assets and raising high-cost…
Esskay Fincorp taps Nucleus Software for cloud-based lending solution
Indian non-banking financial company (NBFC) Esskay Fincorp has selected Nucleus Software’s FinnOne Neo Cloud, a cloud-based lending solution. The deployment…
Fiserv to divest 55% of lending business for $395m
Financial services technology solutions provider Fiserv has entered into a definitive agreement to sell 55% stake of the lending solutions…
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