June 16, 2025

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Lendingkart: Lendingkart Finance reports losses, breaches bond covenant for 2024-25

  • June 2, 2025

Mumbai: Singapore’s Temasek-backed digital lender Lendingkart Finance has reported losses before tax for 2024-25, a development that has triggered a breach of covenant on bonds raised by the company in January 2024, said people with knowledge of the matter. Lendingkart Finance had raised ₹75 crore senior secured two-year bond at 11.25% on January 30, 2024.

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Funds

Temasek, Asian state funds to grow their assets by 34% to US$25 trillion by 2030

  • April 2, 2025

Asian state-owned investors (SOIs) are projected to grow their assets under management by 34 per cent over the next five years, aided by growing economies, healthier fiscal balances and bigger contributions from the continent’s relatively young population, according to Sovereign Wealth Fund Institute. These sovereign investors, which include 146 central banks, sovereign wealth funds and

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