Tag «debt»

Surging debt levels a threat to global economic stability, says GlobalData

Globalization has transformed the economic frameworks of both developed and emerging nations. However, along with steady economic growth, several countries have also witnessed high rise in their debt burden, both private and public alike. Against this backdrop, GlobalData, a leading data and analytics company, cautions governments against relying too much on debt and calls for …

Cash Suvidha raises a debt of $2.7 million

New Delhi, December 15, 2017: Delhi-based startup FinTech, Cash Suvidha, trade name of Usha Financial Services Pvt. Ltd., which extends business loans to SMEs, MSMEs, women entrepreneurs & personal loans to individuals, has raised an institutional debt of $2.7 million from various financial institutions since its inception in 2016. The company provides a variety of …