IndusInd, Yes Bank say exposure to ‘large mortgage lender’ secure

MUMBAI : Following a 34% fall in the shares of Indiabulls Housing Finance Ltd on Monday, Yes Bank and IndusInd Bank said in separate statements, without naming the non-bank, that their exposure to a large mortgage lender is fully secured. Shares of Indiabulls Housing nosedived to an over five-year low after the Delhi […]

SecurCapital Announces Acquisition of Fintech & Small Business Lender Breakout Capital Finance

SecurCapital Corp, an expanding supply chain and financial services provider, announced last week it has acquired Breakout Capital Finance, a fintech company and nationwide small business lender.  Founded in 2015, Breakout Capital claims it is a small business lender that provides simple, straightforward working capital solutions to small businesses. “Breakout Capital is one […]