Singapore loans News

Vinod Khosla, billionaire VC & Sun Microsystems co-founder, was already among world’s richest when he invested in SKS Microfinance, a lender to poor women in India. Roaring success of SKS’s IPO has enriched him by ~ $117 mn

Govt suspects banks evading rules to rein in rampant lending & excess credit driving rising property prices & inflation If banks & trusts secretly repackage old loans & moving them off balance sheets, regulators worried China could end up like West

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