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Man Who Snatched Rs 40 Lakh From Kerala Bank Staff, Taken Into Custody
A man, who was on the run for the past two days after snatching Rs 40 lakh from the bank staff, was taken into custody from near here by a team of Kerala Police on Friday. The accused was identified as Shibin Lal.
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Loan Denial, A Spanish Drama And 17 kg Gold Heist: How Gang Looted SBI Bank
A loan rejection drove a 30-year-old man to rely on TV shows and YouTube tutorials to carry out a huge robbery at the State Bank of India (SBI) in Karnataka's Davangere last year, police said.
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RBI Bars Non-Bank Finance Company From Offering Gold Loans
The Reserve Bank of India on Monday ordered non-bank finance company IIFL Finance to stop sanctioning, disbursing and selling gold loans with immediate effect, citing "material supervisory concerns" in its gold loan portfolio.
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Armed Gang From Bihar Robs Gold Worth Rs 5 Crore From Madhya Pradesh Bank: Cop
Six members of a gang from Bihar allegedly stole gold worth nearly Rs 5 crore and Rs 3.5 lakh in cash from a bank offering gold loan in Madhya Pradesh's Katni district, a police official said on Sunday.
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431 Kg Gold, Silver Seized From Secret Lockers Of Firm In Bank Fraud Case
The Enforcement Directorate today seized 431 kgs of gold and silver worth more than Rs 47 crore after it searched secret lockers of a bullion company as part of a money laundering probe linked to an alleged bank loan fraud case.
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23 Kg Gold, Rs 10 Lakh Robbed At Gunpoint From Gold Loan Firm In Rajasthan
Five bike-borne men robbed around 23 kg of gold and Rs 10 lakh cash at gunpoint from a finance company's branch in Rajasthan's Udaipur on Monday, police said.
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Robbers Lock Chennai Bank Staff In Toilet, Escape With Gold Worth Crores
Gold, reportedly worth several crores, was looted from a bank in Chennai this evening. Three men in masks locked the employees in a toilet before they robbed the Fed Bank Gold Loan in the city's Arumbakkam area.
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Two Bank Staff Arrested For Stealing Jewels Pledged By Customers
A cashier and assistant cashier of the Pondicherry Cooperative Urban Bank here were arrested on Friday for allegedly committing fraud and stealing gold jewels pledged by the customers of the bank to raise loans, police said.
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Indians Sell Their Gold As Covid 2nd Wave Pushes Millions Into Poverty
Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children's education after losing his job on a cruise liner.
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Bengal, Tamil Nadu's Last Minute Schemes Before Poll Dates Announcement
At least two of the five poll-bound states today rushed to announce populist schemes hours ahead of the election dates being announced. Tamil Nadu and West Bengal introduced various policy changes seemingly aimed at electoral prospects. The model code of conduct, which comes into effect immediately after the Election Commission declares the poll da...
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Delhi Jeweller Arrested For Staging Fake Robbery To Get Loan Waiver: Cops
A 40-year-old jeweller and his two associates staged a fake robbery of 2.6 kg gold at his office in central Delhi in order to get bank loans worth Rs 61 lakh waived off, police said on Sunday.
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Over 25kg Gold Ornaments Stolen From Loan Branch In Punjab
In a broad daylight robbery, five men looted over 25 kg of ornaments at gunpoint from a gold loan branch of India Infoline Finance Ltd in Ludhiana's Gill Road area on Monday morning.
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Gunmen Loot 55 Kg Gold From Loan Firm Branch In Bihar: Police
Armed dacoits barged into a branch of a gold loan provider in Bihar's Vaishali district on Saturday and stole over 50 kilogram of gold worth crores of rupees, police said.
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Gold Toilet, Once Offered On Loan To Trump, Stolen From British Palace
A gang of thieves on Saturday stole an 18-carat gold toilet from an art exhibition at Britain's Blenheim Palace, police said -- causing flooding to the World Heritage Site.
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Laid-Off Employees Deep In Debt As Slowdown Hits Tamil Nadu Auto Hub
In Chennai's Ambattur, a hub for tiny auto component manufacturers, machine operator Sahaya Mary was pushed out of her job of 10 years. With no means of income, she had to take a loan from a private money lender at a very high interest rate. Unable to pay off her debt, she has now pledged the little gold that she owned. "I don't know whether to eat...
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Man Who Snatched Rs 40 Lakh From Kerala Bank Staff, Taken Into Custody
A man, who was on the run for the past two days after snatching Rs 40 lakh from the bank staff, was taken into custody from near here by a team of Kerala Police on Friday. The accused was identified as Shibin Lal.
-
Loan Denial, A Spanish Drama And 17 kg Gold Heist: How Gang Looted SBI Bank
A loan rejection drove a 30-year-old man to rely on TV shows and YouTube tutorials to carry out a huge robbery at the State Bank of India (SBI) in Karnataka's Davangere last year, police said.
-
RBI Bars Non-Bank Finance Company From Offering Gold Loans
The Reserve Bank of India on Monday ordered non-bank finance company IIFL Finance to stop sanctioning, disbursing and selling gold loans with immediate effect, citing "material supervisory concerns" in its gold loan portfolio.
-
Armed Gang From Bihar Robs Gold Worth Rs 5 Crore From Madhya Pradesh Bank: Cop
Six members of a gang from Bihar allegedly stole gold worth nearly Rs 5 crore and Rs 3.5 lakh in cash from a bank offering gold loan in Madhya Pradesh's Katni district, a police official said on Sunday.
-
431 Kg Gold, Silver Seized From Secret Lockers Of Firm In Bank Fraud Case
The Enforcement Directorate today seized 431 kgs of gold and silver worth more than Rs 47 crore after it searched secret lockers of a bullion company as part of a money laundering probe linked to an alleged bank loan fraud case.
-
23 Kg Gold, Rs 10 Lakh Robbed At Gunpoint From Gold Loan Firm In Rajasthan
Five bike-borne men robbed around 23 kg of gold and Rs 10 lakh cash at gunpoint from a finance company's branch in Rajasthan's Udaipur on Monday, police said.
-
Robbers Lock Chennai Bank Staff In Toilet, Escape With Gold Worth Crores
Gold, reportedly worth several crores, was looted from a bank in Chennai this evening. Three men in masks locked the employees in a toilet before they robbed the Fed Bank Gold Loan in the city's Arumbakkam area.
-
Two Bank Staff Arrested For Stealing Jewels Pledged By Customers
A cashier and assistant cashier of the Pondicherry Cooperative Urban Bank here were arrested on Friday for allegedly committing fraud and stealing gold jewels pledged by the customers of the bank to raise loans, police said.
-
Indians Sell Their Gold As Covid 2nd Wave Pushes Millions Into Poverty
Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children's education after losing his job on a cruise liner.
-
Bengal, Tamil Nadu's Last Minute Schemes Before Poll Dates Announcement
At least two of the five poll-bound states today rushed to announce populist schemes hours ahead of the election dates being announced. Tamil Nadu and West Bengal introduced various policy changes seemingly aimed at electoral prospects. The model code of conduct, which comes into effect immediately after the Election Commission declares the poll da...
-
Delhi Jeweller Arrested For Staging Fake Robbery To Get Loan Waiver: Cops
A 40-year-old jeweller and his two associates staged a fake robbery of 2.6 kg gold at his office in central Delhi in order to get bank loans worth Rs 61 lakh waived off, police said on Sunday.
-
Over 25kg Gold Ornaments Stolen From Loan Branch In Punjab
In a broad daylight robbery, five men looted over 25 kg of ornaments at gunpoint from a gold loan branch of India Infoline Finance Ltd in Ludhiana's Gill Road area on Monday morning.
-
Gunmen Loot 55 Kg Gold From Loan Firm Branch In Bihar: Police
Armed dacoits barged into a branch of a gold loan provider in Bihar's Vaishali district on Saturday and stole over 50 kilogram of gold worth crores of rupees, police said.
-
Gold Toilet, Once Offered On Loan To Trump, Stolen From British Palace
A gang of thieves on Saturday stole an 18-carat gold toilet from an art exhibition at Britain's Blenheim Palace, police said -- causing flooding to the World Heritage Site.
-
Laid-Off Employees Deep In Debt As Slowdown Hits Tamil Nadu Auto Hub
In Chennai's Ambattur, a hub for tiny auto component manufacturers, machine operator Sahaya Mary was pushed out of her job of 10 years. With no means of income, she had to take a loan from a private money lender at a very high interest rate. Unable to pay off her debt, she has now pledged the little gold that she owned. "I don't know whether to eat...
