Loan Recovery
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Fed Up With Abusive Husband, She Married Loan Shark Who Visited Their Home
A woman in Bihar left her abusive husband to marry a loan recovery agent who used to visit her home for repayment. Indra Kumari was married in 2022 to Nakul Sharma, a resident of Jamui district. Nakul, an alcoholic, allegedly used to abuse Indra.
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Taj Security Alert About 2 Cars With Same Number Leads To Bizarre Loan Tale
A Mumbai cab driver's desperate attempt to escape the car loan cycle by forging his number plate set off a chain of events that led to a big security scare at the iconic Taj Mahal Palace Hotel in Colaba today
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Watch: Woman Fakes 'Goddess Possession' To Save Tractor From Loan Agents
The theatrics appeared aimed at intimidating the officials, who were seeking to repossess the tractor due to unpaid loan instalments.
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Harassed By Loan Recovery Agents, Couple, Daughter Die By Suicide In UP: Cops
A couple and their 18-year-old daughter allegedly died by suicide by consuming poison, police here said on Monday, with villagers claiming they were harassed by recovery agents after they failed to repay a bank loan.
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Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
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"Goons": Supreme Court Slams Bank Recovery Agents For Not Returning Vehicle
Terming a recovery agent firm of a bank as a "group of goons" who did not return vehicle seized from a man despite one time settlement of the loan amount, the Supreme Court has directed the West Bengal Police to file charge sheet against the company.
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HDFC Agents Harass Mumbai Man, Family Over Unpaid Loan By Relative, Bank Responds
Mr Mehta mentioned that he began receiving calls from over 10 different numbers, and the loan recovery agent displayed abusive behaviour towards him.
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Banks Write Off Rs 10.5 Lakh Crore In 5 years, NPA Recovery Rs 7.1 Lakh Crore
Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in respect of loans pertaining to large industries, the government informed the Parliament today.
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Ascertain Whether People You Sue Are Dead Or Alive: Court To SBI
Any bank, especially the State Bank of India (SBI) being the leading bank of the country, is expected to take proactive steps to ascertain whether the people being sued by it are dead or alive, a Delhi court has said.
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Recovery Agents May Be Barred From Calling Borrowers Between 7 pm And 8 am
The Reserve Bank of India on Thursday proposed stricter norms for recovery of overdue loans under which financial institutions and their recovery agents cannot call borrowers before 8 in the morning and after 7 in the evening.
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Kerala Man Dies By Suicide After Suspected Threats From Instant Loan App
A 44-year-old man was found hanging near his house at Bathery in Kerala, suspectedly due to unethical loan recovery tactics used by an instant loan app, police said on Saturday.
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On "Merciless" Loan Recovery, Finance Minister's Instructions To Banks
Nirmala Sitharaman today said the government has instructed both public and private banks that harsh steps should not be taken when it comes to the process of loan repayment and that they should handle such cases with humanity and sensitivity.
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$1.5 Billion Loan Granted To Ukraine By World Bank For Reconstruction Aid
Ukraine will receive $1.5 billion from the World Bank to support reconstruction and recovery, Prime Minister Denys Shmyhal said on Friday.
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A To Zee Of Subhash Chandra's Fraud
Zee founder Subhash Chandra and his son Punit Goenka used an intricate web of entities to fake recovery of loans and siphoned off funds "for their own benefit", markets regulator Securities And Exchange Board Of India (SEBI) has alleged.
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Zee-Sony Deal Under Scrutiny After Crackdown On Subhash Chandra, Son
Zee Entertainment Enterprises Ltd.'s planned merger with a subsidiary of Sony Group Corp. may face further delay, industry analysts said, after SEBI said the media house faked the recovery of loans to cover for private financing deals by its founder.
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Fed Up With Abusive Husband, She Married Loan Shark Who Visited Their Home
A woman in Bihar left her abusive husband to marry a loan recovery agent who used to visit her home for repayment. Indra Kumari was married in 2022 to Nakul Sharma, a resident of Jamui district. Nakul, an alcoholic, allegedly used to abuse Indra.
-
Taj Security Alert About 2 Cars With Same Number Leads To Bizarre Loan Tale
A Mumbai cab driver's desperate attempt to escape the car loan cycle by forging his number plate set off a chain of events that led to a big security scare at the iconic Taj Mahal Palace Hotel in Colaba today
-
Watch: Woman Fakes 'Goddess Possession' To Save Tractor From Loan Agents
The theatrics appeared aimed at intimidating the officials, who were seeking to repossess the tractor due to unpaid loan instalments.
-
Harassed By Loan Recovery Agents, Couple, Daughter Die By Suicide In UP: Cops
A couple and their 18-year-old daughter allegedly died by suicide by consuming poison, police here said on Monday, with villagers claiming they were harassed by recovery agents after they failed to repay a bank loan.
-
Loan Goes Digital, But Recovery Still Needs Feet On the Street: RBI Official
The digital infrastructure has made the loan sanctioning system adopt an online mode but the loan recovery still requires a 'feet on the street', says Swaminathan J, Deputy Governor of Reserve Bank of India (RBI).
-
"Goons": Supreme Court Slams Bank Recovery Agents For Not Returning Vehicle
Terming a recovery agent firm of a bank as a "group of goons" who did not return vehicle seized from a man despite one time settlement of the loan amount, the Supreme Court has directed the West Bengal Police to file charge sheet against the company.
-
HDFC Agents Harass Mumbai Man, Family Over Unpaid Loan By Relative, Bank Responds
Mr Mehta mentioned that he began receiving calls from over 10 different numbers, and the loan recovery agent displayed abusive behaviour towards him.
-
Banks Write Off Rs 10.5 Lakh Crore In 5 years, NPA Recovery Rs 7.1 Lakh Crore
Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in respect of loans pertaining to large industries, the government informed the Parliament today.
-
Ascertain Whether People You Sue Are Dead Or Alive: Court To SBI
Any bank, especially the State Bank of India (SBI) being the leading bank of the country, is expected to take proactive steps to ascertain whether the people being sued by it are dead or alive, a Delhi court has said.
-
Recovery Agents May Be Barred From Calling Borrowers Between 7 pm And 8 am
The Reserve Bank of India on Thursday proposed stricter norms for recovery of overdue loans under which financial institutions and their recovery agents cannot call borrowers before 8 in the morning and after 7 in the evening.
-
Kerala Man Dies By Suicide After Suspected Threats From Instant Loan App
A 44-year-old man was found hanging near his house at Bathery in Kerala, suspectedly due to unethical loan recovery tactics used by an instant loan app, police said on Saturday.
-
On "Merciless" Loan Recovery, Finance Minister's Instructions To Banks
Nirmala Sitharaman today said the government has instructed both public and private banks that harsh steps should not be taken when it comes to the process of loan repayment and that they should handle such cases with humanity and sensitivity.
-
$1.5 Billion Loan Granted To Ukraine By World Bank For Reconstruction Aid
Ukraine will receive $1.5 billion from the World Bank to support reconstruction and recovery, Prime Minister Denys Shmyhal said on Friday.
-
A To Zee Of Subhash Chandra's Fraud
Zee founder Subhash Chandra and his son Punit Goenka used an intricate web of entities to fake recovery of loans and siphoned off funds "for their own benefit", markets regulator Securities And Exchange Board Of India (SEBI) has alleged.
-
Zee-Sony Deal Under Scrutiny After Crackdown On Subhash Chandra, Son
Zee Entertainment Enterprises Ltd.'s planned merger with a subsidiary of Sony Group Corp. may face further delay, industry analysts said, after SEBI said the media house faked the recovery of loans to cover for private financing deals by its founder.
