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Bain Capital's Lavine Sees More Consolidation in Private Credit

(Bloomberg) Further mergers are likely in the booming private credit business because the low fees earned by lenders will push smaller firms to get bigger and reap economies of scale, according to Jonathan Lavine, co-managing partner of Bain Capital.Most Read from BloombergMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillStanChart Weighs Break Up of Corporate, Investment BankThe Brutal Reality of Plunging Office Values Is HereStocks, Bonds Reclaim Solid Ground After CPI Miss: Markets ....

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Paytm: Paytm lending decoded: Where does it stand after slowdown in small-ticket credit?

Paytm scaled down one of its most popular credit products Paytm Postpaid in December. The impact of this on Paytms business became evident on January 19, when the company reported its December quarter financials. ....

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Goldman ramps up credit business in India, targets diaspora

The investment bank wants to broaden the range of loans it offers through its shadow banking unit, according to Sonjoy Chatterjee, chairman and chief executive officer for Goldman in India. ....

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