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Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
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Home Sweet Loan OTT Release: Indonesian Drama Film Now Streaming on Netflix
The Indonesian drama film Home Sweet Loan, directed by Sabrina Rochelle Kalangie, tells the story of Kaluna, a young office worker determined to buy her dream home while supporting her family. Faced with financial and emotional challenges, she struggles to balance personal aspirations with family responsibilities. Starring Yunita Siregar, Derby Rom...
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CA Among 3 Arrested For Fraudulent Take Over Of Insolvent Company
The ED said on Wednesday that it has arrested three persons including a chartered accountant and a resolution professional as part of a money laundering probe linked to an alleged bank loan fraud related to regaining control of an insolvent company f
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Delivery Man Stages Robbery With Siblings to Repay Motorcycle Loan In UP
A 24-year-old delivery person, Sonu Kumar, along with his siblings Jai Kumar and Vikas, was arrested for staging a robbery to repay a loan for a new motorcycle.
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2 Detained From Indore For Duping US Citizens On Pretext Of Providing Loans
Two persons from Ahmedabad, including a former call centre employee, have been detained by the police in Madhya Pradesh's Indore for allegedly duping US citizens on the pretext of providing loans to them, a police official said on Thursday.
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Byju's Clears March Salary Of Employees After CEO Takes Personal Debt: Report
Ahead of the National Company Law Tribunal (NCLT) hearing on Tuesday, Edtech company Byju's has paid partial salaries to employees for March. Sources told ANI that Byju's founder and CEO Raveendran has raised debt in personal capacity to pay part of
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David Raya Is Shootout Hero As Arsenal Reach Champions League Quarterfinals
David Raya, on loan from Brentford, said it was a "great moment personally and collectively".
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Owner Of Indian Restaurant In UK Gets Jail For Misusing Covid Loan
The owner of an Indian restaurant who used funds from the UK government's COVID Bounce Back Loan for personal gain has been sentenced and banned as a company director for two years.
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World's First Billionaire Studied Accounting Just For 10 Weeks. This Is His Story
From the money he saved and a loan from his father, John D Rockefeller opened his first business in 1859. Mr Rockefeller joined the oil business in 1870 and focussed on refining the crude oil.
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Ex-Executives Among 5 Arrested In Rs 56,000 Crore Bhushan Steel Bank Loan Fraud
The Enforcement Directorate (ED) Friday said it has arrested five persons in connection with an alleged Rs 56,000 crore bank loan fraud-linked money laundering case against erstwhile Bhushan Steel Ltd.
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Bhushan Steel Bank Fraud Case: Enforcement Directorate Arrests 5
The Enforcement Directorate has arrested five persons in connection with an alleged Rs 56,000 crore bank loan fraud linked money laundering case against erstwhile Bhushan Steel Ltd (BSL), official sources said Friday.
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Zerodha's Nithin Kamath Warns Against "Shady" Loan Apps, Shares Key Red Flags
Founder and Chief Executive Officer (CEO) of Zerodha Nithin Kamath recently warned his followers about the alarming rise of predatory digital lending apps that demand extensive access to users' personal information.
-
Banks Ask Fintech Partners To Limit Personal Loans Amid Regulatory Glare: Report
Top Indian banks and non-bank lenders have asked their fintech partners to curtail issuing tiny personal loans, three banking and one industry source said on Thursday.
-
SpyLoan Malware Apps Used to Blackmail, Extort Users Using Personal Data Detected on Play Store
SpyLoan malware has been spotted on the Play Store over the course of this year and removed by Google, according to details shared by ESET researchers. They are designed to collect vast amounts of information from a user's device when they borrow money, only to blackmail and extort them into repaying the sum with high interest amounts within a shor...
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SBI Sees Minimal Hit From Tighter Rules For Personal Loans
State Bank of India, the country's top lender, expects minimal impact on its capital ratios from the central bank's tighter rules for personal loans, its chairman told Reuters in a phone interview.
-
Banks' Loan Growth Slows For 8th Straight Month In February: RBI Data
Loan growth at Indian banks moderated for an eighth straight month in February, central bank data showed on Thursday, due to a drop in personal and credit card loans following tighter rules by the Reserve Bank of India.
-
Home Sweet Loan OTT Release: Indonesian Drama Film Now Streaming on Netflix
The Indonesian drama film Home Sweet Loan, directed by Sabrina Rochelle Kalangie, tells the story of Kaluna, a young office worker determined to buy her dream home while supporting her family. Faced with financial and emotional challenges, she struggles to balance personal aspirations with family responsibilities. Starring Yunita Siregar, Derby Rom...
-
CA Among 3 Arrested For Fraudulent Take Over Of Insolvent Company
The ED said on Wednesday that it has arrested three persons including a chartered accountant and a resolution professional as part of a money laundering probe linked to an alleged bank loan fraud related to regaining control of an insolvent company f
-
Delivery Man Stages Robbery With Siblings to Repay Motorcycle Loan In UP
A 24-year-old delivery person, Sonu Kumar, along with his siblings Jai Kumar and Vikas, was arrested for staging a robbery to repay a loan for a new motorcycle.
-
2 Detained From Indore For Duping US Citizens On Pretext Of Providing Loans
Two persons from Ahmedabad, including a former call centre employee, have been detained by the police in Madhya Pradesh's Indore for allegedly duping US citizens on the pretext of providing loans to them, a police official said on Thursday.
-
Byju's Clears March Salary Of Employees After CEO Takes Personal Debt: Report
Ahead of the National Company Law Tribunal (NCLT) hearing on Tuesday, Edtech company Byju's has paid partial salaries to employees for March. Sources told ANI that Byju's founder and CEO Raveendran has raised debt in personal capacity to pay part of
-
David Raya Is Shootout Hero As Arsenal Reach Champions League Quarterfinals
David Raya, on loan from Brentford, said it was a "great moment personally and collectively".
-
Owner Of Indian Restaurant In UK Gets Jail For Misusing Covid Loan
The owner of an Indian restaurant who used funds from the UK government's COVID Bounce Back Loan for personal gain has been sentenced and banned as a company director for two years.
-
World's First Billionaire Studied Accounting Just For 10 Weeks. This Is His Story
From the money he saved and a loan from his father, John D Rockefeller opened his first business in 1859. Mr Rockefeller joined the oil business in 1870 and focussed on refining the crude oil.
-
Ex-Executives Among 5 Arrested In Rs 56,000 Crore Bhushan Steel Bank Loan Fraud
The Enforcement Directorate (ED) Friday said it has arrested five persons in connection with an alleged Rs 56,000 crore bank loan fraud-linked money laundering case against erstwhile Bhushan Steel Ltd.
-
Bhushan Steel Bank Fraud Case: Enforcement Directorate Arrests 5
The Enforcement Directorate has arrested five persons in connection with an alleged Rs 56,000 crore bank loan fraud linked money laundering case against erstwhile Bhushan Steel Ltd (BSL), official sources said Friday.
-
Zerodha's Nithin Kamath Warns Against "Shady" Loan Apps, Shares Key Red Flags
Founder and Chief Executive Officer (CEO) of Zerodha Nithin Kamath recently warned his followers about the alarming rise of predatory digital lending apps that demand extensive access to users' personal information.
-
Banks Ask Fintech Partners To Limit Personal Loans Amid Regulatory Glare: Report
Top Indian banks and non-bank lenders have asked their fintech partners to curtail issuing tiny personal loans, three banking and one industry source said on Thursday.
-
SpyLoan Malware Apps Used to Blackmail, Extort Users Using Personal Data Detected on Play Store
SpyLoan malware has been spotted on the Play Store over the course of this year and removed by Google, according to details shared by ESET researchers. They are designed to collect vast amounts of information from a user's device when they borrow money, only to blackmail and extort them into repaying the sum with high interest amounts within a shor...
-
SBI Sees Minimal Hit From Tighter Rules For Personal Loans
State Bank of India, the country's top lender, expects minimal impact on its capital ratios from the central bank's tighter rules for personal loans, its chairman told Reuters in a phone interview.
