credit

Banks need overhaul, but risk to recovery, IMF says

A much-needed pruning of banks across the world could stifle lending and dampen economic recovery, the International Monetary Fund said on Wednesday.

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KKR subscribes to structured credit deal with Sanmar Group

KKR provides INR250 crore on top of the previous INR400 crore already given by the buyout firm for the payment of promoter's debts and expansion of business of Sanmar Group.

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Leading helicopter leasing company secures new US $300 mln loan

Milestone Aviation secures a US $300 million loan facility from Lloyds, Barclays and Lombard.

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Clinicient obtains US $2.5 million line of credit from SaaS Capital

Clinicient gets USS $2.5 million investment from SaaS Capital to fund its product development and research including sales and market boost.

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Politics in Portugal Could Lead to Crisis

A strategist noted that politics in Portugal could lead to crisis.

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