Bridging Finance

The husband-and-wife team who ran Toronto private lender Bridging Finance Inc. committed fraud, took kickbacks and tried to mislead investigators about it, Canada's top securities regulator has ruled.

WazirX has announced that it is in the process of forming a ‘Committee of Creditors (COC)’. In a blog post published on October 2, WazirX claimed that it aims to bridge the communication gap with its creditors.

Adani group is looking to repay the bridge loan with cash this month, the report said, citing people aware of the matter, adding that the loan had a tenor of six months and was part of a larger $5.25 billion financing package.

Losses arising from cryptocurrency hacks jumped nearly 60 percent in the first seven months of the year to $1.9 billion (roughly Rs. 15,070 crore), propelled by a surge in funds stolen from decentralised finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released on Tuesday. The firm noted that the trend is...

The World Bank has ruled out bridge financing or new loan commitments to crisis-hit Sri Lanka until the island nation's economy sets up an adequate macroeconomic policy framework, the global lender has said.

Sri Lanka's finance minister said on Friday that India and the World Bank are considering extending about $2 billion in bridge finance so it can continue essential imports.

Finance Minister Nirmala Sitharaman announced augmenting 1,25,000 km of rural roads under the Pradhan Mantri Gram Sadak Yojana at a cost of Rs. 80,250 crore and creating a national highways grid.

Cash-strapped Pakistan is likely to secure a bailout package between USD 6 billion and USD 12 billion from the IMF by the middle of May after the two sides significantly bridged the "gap" on the terms of the deal, Finance Minister Asad Umar has said.

The mobile app 'Aaykar Setu', launched by Finance Minister Arun Jaitley, literally means bridge for taxpayers and will be available in Android phones.

The mobile app 'Aaykar Setu', launched by Finance Minister Arun Jaitley, literally means taxpayer's bridge and will be available in Android phones.

Digitising cash based operations has the potential to bring a host of benefits to MFIs as it mitigates cash carrying risks and improves operational efficiency.

A gun-toting gang on Friday looted 30 kg gold, kept in vault, at the Dunlop bridge branch of Manappuram Finance Ltd, in the northern outskirts of the city, a senior officer of Barrackpore Police Commissionerate said.

ONGC Videsh Ltd (OVL) will raise a bridge loan of close to $900 million overseas to fund acquisition of an additional 11 per cent stake in Russia's Vankor oilfield.

India needs over $1.5 trillion in investment in the next 10 years to bridge infrastructure gap as the government intends to connect seven hundred thousand villages with roads by 2019 as part of a massive modernisation plan, Finance Minister Arun Jaitley said on Sunday.

India needs over USD 1.5 trillion in investment in the next 10 years to bridge infrastructure gap as the government intends to connect seven hundred thousand villages with roads by 2019 as part of a massive modernisation plan, Finance Minister Arun Jaitley said today.

The husband-and-wife team who ran Toronto private lender Bridging Finance Inc. committed fraud, took kickbacks and tried to mislead investigators about it, Canada's top securities regulator has ruled.

WazirX has announced that it is in the process of forming a ‘Committee of Creditors (COC)’. In a blog post published on October 2, WazirX claimed that it aims to bridge the communication gap with its creditors.

Adani group is looking to repay the bridge loan with cash this month, the report said, citing people aware of the matter, adding that the loan had a tenor of six months and was part of a larger $5.25 billion financing package.

Losses arising from cryptocurrency hacks jumped nearly 60 percent in the first seven months of the year to $1.9 billion (roughly Rs. 15,070 crore), propelled by a surge in funds stolen from decentralised finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released on Tuesday. The firm noted that the trend is...

The World Bank has ruled out bridge financing or new loan commitments to crisis-hit Sri Lanka until the island nation's economy sets up an adequate macroeconomic policy framework, the global lender has said.

Sri Lanka's finance minister said on Friday that India and the World Bank are considering extending about $2 billion in bridge finance so it can continue essential imports.

Finance Minister Nirmala Sitharaman announced augmenting 1,25,000 km of rural roads under the Pradhan Mantri Gram Sadak Yojana at a cost of Rs. 80,250 crore and creating a national highways grid.

Cash-strapped Pakistan is likely to secure a bailout package between USD 6 billion and USD 12 billion from the IMF by the middle of May after the two sides significantly bridged the "gap" on the terms of the deal, Finance Minister Asad Umar has said.

The mobile app 'Aaykar Setu', launched by Finance Minister Arun Jaitley, literally means bridge for taxpayers and will be available in Android phones.

The mobile app 'Aaykar Setu', launched by Finance Minister Arun Jaitley, literally means taxpayer's bridge and will be available in Android phones.

Digitising cash based operations has the potential to bring a host of benefits to MFIs as it mitigates cash carrying risks and improves operational efficiency.

A gun-toting gang on Friday looted 30 kg gold, kept in vault, at the Dunlop bridge branch of Manappuram Finance Ltd, in the northern outskirts of the city, a senior officer of Barrackpore Police Commissionerate said.

ONGC Videsh Ltd (OVL) will raise a bridge loan of close to $900 million overseas to fund acquisition of an additional 11 per cent stake in Russia's Vankor oilfield.

India needs over $1.5 trillion in investment in the next 10 years to bridge infrastructure gap as the government intends to connect seven hundred thousand villages with roads by 2019 as part of a massive modernisation plan, Finance Minister Arun Jaitley said on Sunday.

India needs over USD 1.5 trillion in investment in the next 10 years to bridge infrastructure gap as the government intends to connect seven hundred thousand villages with roads by 2019 as part of a massive modernisation plan, Finance Minister Arun Jaitley said today.