Repayment
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35 Years After Borrowing Rs 1,000, Kerala Man Returns Rs 25,000 To Ex-Colleague With Interest
Ismail and Lachanna became friends in 1991 while working in Abqaiq, Saudi Arabia. They shared accommodation with three other expatriate workers and lived together for nearly five years.
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Man Pays Off Home Loan 8 Years Early, Friends Call It 'Stupid' Financial Decision
A homeowner pays off a Rs 45 lakh loan eight years early, but friends argue that it was a 'stupid' decision.
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IIM Calcutta Graduate Reveals How She Paid Off Rs 30 Lakh Loan In 2 Years: 'It's A Marathon'
The MBA graduate managed to clear her IIM Calcutta education loan within two years by leveraging savings and income.
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Will Pakistan Go Bankrupt After Repaying UAE's Loan? What Math Says
The repayment schedule to UAE has been finalised as $450 million on April 11, $2 billion on April 17 and another $1 billion on April 23, as per reports.
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From Millionaire To Lotus Farmer: Chinese Woman Repays $700,000 Debt Through Hard Work
After losing her multimillion-yuan fruit business, a Chinese woman now sells lotus roots to repay US$700,000 in debt.
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Man Shares Inspiring Journey Of Struggle And Growth: "From Village To 35 Lakh Salary"
He mentioned that he promised himself that there would be no compromise regarding the education of his siblings.
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Failing To Repay Rs 2,000, Karnataka Man Attacks Friend With Sickle. He Dies
The victim, Manjunath Gowdar, had reportedly borrowed Rs 2,000 from his friend Dayanand Gundloor last week, promising to repay it within seven days.
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Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase
Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday.
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UK Man Steals So Much Electricity From Neighbours That Their Teenage Daughter Had To Get A Job
An unprecedented electricity theft case in the UK has drawn global attention, as Leslie Pirie from Tayport, Fife, stole so much power from his neighbours that their teenage daughter had to work to help pay the bills.
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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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SBI To Send Chocolates To Borrowers Likely To Default On Monthly Repayments
The nation's largest lender State Bank of India is adopting a novel way to ensure timely repayments, especially by its retail borrowers, by greeting those likely to default on monthly installments with a pack of chocolates.
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Byju's Lenders Huddle With Advisers After Missed Loan Interest
Holders of Byju's $1.2 billion term loan and their advisers are weighing options including negotiating with the company for an amendment, litigating or attempting to seize collateral after the company missed an interest payment on the debt.
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Byju Files Lawsuit Challenging $1.2 Billion Term Loan Acceleration, Seeks Lender Redwood's Disqualification
Edtech major BYJU'S on Tuesday said it has filed a complaint in the New York Supreme Court to challenge acceleration of the USD 1.2 billion (roughly Rs. 9,916 crore) Term Loan B (TLB). The company is also seeking the disqualification of Redwood, who contrary to the terms of TLB, purchased a significant portion of the loan while primarily trading in...
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Byju's Skips $40 Million Loan Payment In Dispute With Lenders
Education startup Byju's has elected not to make further payments on a $1.2 billion loan after a dispute with lenders, escalating a conflict that could jeopardize the future of one of India's highest-flying startups.
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Byju's Files Case Against Investment Firm Over $1.2 Billion Loan Repayment
Education startup BYJU's said on Tuesday it filed a suit against investment management firm Redwood to challenge the acceleration of a $1.2 billion term loan B and to disqualify Redwood for its predatory tactics.
-
35 Years After Borrowing Rs 1,000, Kerala Man Returns Rs 25,000 To Ex-Colleague With Interest
Ismail and Lachanna became friends in 1991 while working in Abqaiq, Saudi Arabia. They shared accommodation with three other expatriate workers and lived together for nearly five years.
-
Man Pays Off Home Loan 8 Years Early, Friends Call It 'Stupid' Financial Decision
A homeowner pays off a Rs 45 lakh loan eight years early, but friends argue that it was a 'stupid' decision.
-
IIM Calcutta Graduate Reveals How She Paid Off Rs 30 Lakh Loan In 2 Years: 'It's A Marathon'
The MBA graduate managed to clear her IIM Calcutta education loan within two years by leveraging savings and income.
-
Will Pakistan Go Bankrupt After Repaying UAE's Loan? What Math Says
The repayment schedule to UAE has been finalised as $450 million on April 11, $2 billion on April 17 and another $1 billion on April 23, as per reports.
-
From Millionaire To Lotus Farmer: Chinese Woman Repays $700,000 Debt Through Hard Work
After losing her multimillion-yuan fruit business, a Chinese woman now sells lotus roots to repay US$700,000 in debt.
-
Man Shares Inspiring Journey Of Struggle And Growth: "From Village To 35 Lakh Salary"
He mentioned that he promised himself that there would be no compromise regarding the education of his siblings.
-
Failing To Repay Rs 2,000, Karnataka Man Attacks Friend With Sickle. He Dies
The victim, Manjunath Gowdar, had reportedly borrowed Rs 2,000 from his friend Dayanand Gundloor last week, promising to repay it within seven days.
-
Airtel Prepays Rs 3,626 Crore To Centre, Clears Dues For 2016 Spectrum Purchase
Bharti Airtel has prepaid Rs 3,626 crore to the Department of Telecom to clear all its liabilities for spectrum it had acquired in 2016, the company said on Thursday.
-
UK Man Steals So Much Electricity From Neighbours That Their Teenage Daughter Had To Get A Job
An unprecedented electricity theft case in the UK has drawn global attention, as Leslie Pirie from Tayport, Fife, stole so much power from his neighbours that their teenage daughter had to work to help pay the bills.
-
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.
-
SBI To Send Chocolates To Borrowers Likely To Default On Monthly Repayments
The nation's largest lender State Bank of India is adopting a novel way to ensure timely repayments, especially by its retail borrowers, by greeting those likely to default on monthly installments with a pack of chocolates.
-
Byju's Lenders Huddle With Advisers After Missed Loan Interest
Holders of Byju's $1.2 billion term loan and their advisers are weighing options including negotiating with the company for an amendment, litigating or attempting to seize collateral after the company missed an interest payment on the debt.
-
Byju Files Lawsuit Challenging $1.2 Billion Term Loan Acceleration, Seeks Lender Redwood's Disqualification
Edtech major BYJU'S on Tuesday said it has filed a complaint in the New York Supreme Court to challenge acceleration of the USD 1.2 billion (roughly Rs. 9,916 crore) Term Loan B (TLB). The company is also seeking the disqualification of Redwood, who contrary to the terms of TLB, purchased a significant portion of the loan while primarily trading in...
-
Byju's Skips $40 Million Loan Payment In Dispute With Lenders
Education startup Byju's has elected not to make further payments on a $1.2 billion loan after a dispute with lenders, escalating a conflict that could jeopardize the future of one of India's highest-flying startups.
-
Byju's Files Case Against Investment Firm Over $1.2 Billion Loan Repayment
Education startup BYJU's said on Tuesday it filed a suit against investment management firm Redwood to challenge the acceleration of a $1.2 billion term loan B and to disqualify Redwood for its predatory tactics.
