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Detailed stories on technology startups, business and economic current affairs.
Amendment to the terms of the $1.2 billion loan, once passed, will resolve the company’s ongoing loan crisis and litigation headaches

The Delhi-based group lender has been struggling with mounting losses, driven by the shifting priorities of borrowers and the growing pressure on field staff to meet targets.
As part of a wider push to encourage transparency in the market, the CMA’s latest proposal seeks more clarity on how private capital moves around in the country.