Banks and non-banking financial companies (NBFCs) may require a blank cheque from the personal loan applicants. The lenders ask for a blank cheque as a security against loan defaults, if any. It is ...

Over the trailing year, you have likely witnessed the rise of shell firms as a medium to take private enterprises public. Market analysts often use the term “reverse merger” to describe this ...

Special purpose acquisition companies, or SPACs, were big business in 2021 when everyone from lifestyle mogul Martha Stewart to politicians like Paul Ryan was investing in them. Also known as blank ...

As personal loans become increasingly accessible in the country, many borrowers are often found questioning the importance and necessity of providing a blank cheque during the submission of loan ...

Blank-check firms - popularly known as SPACs - emerged as the most popular investment vehicles and the primary driving force behind a record year for initial public offerings (IPOs) in 2020, even as ...