Telangana news: The family members said that despite clearing loans, agents from the app were harassing by calling other family members and relatives for repayment. Following this, the boy died by suicide.
Securing a personal loan at favourable interest rates requires an understanding of several.
Lenders charge a lower rate from borrowers with a high credit score and a higher interest rate from those with a low credit score.
The Ministry of Electronics and IT had on Tuesday directed social media platforms to take additional measures to ensure that they don't host advertisements of fraudulent loan apps.
As per the privacy policies of these apps, if those permissions are not granted, the loan will not be reimbursed to the users. To complete the loan application process, the users are compelled to provide extensive personal information.
According to reports, promoters of companies, under insolvency proceedings, are expected to settle their pending dues with banks, fearing loss of their personal assets.
The bank had sanctioned credit facilities of Rs 22 crore in 2007 to the company based at Goregaon East which resulted in the outstanding of Rs 24.20 crore on the date of non-performing assets on December 27, 2012.
A letter is being shared on WhatsApp and social media, which states that an amount has to be paid for taking a loan under the Central Government's scheme PM Mudra Yojana.
The deceased has been identified as Tejas, a student of mechanical engineering at Nitte Meenakshi College. A topper in his class, Tejas was doing his sixth semester.
Even if you don’t have a pre-approved offer, you can still get approval within minutes. Best of all, you can use it without any restrictions as well. T
Jaipur-based Gravita is a leading recycling company with 11 manufacturing facilities across the globe having a total capacity of 2.51 lakh MTPA.
Google took action against over 3,500 loan apps in India in 2022 for violating Play Store policy requirements.
Reliance Industries and Jio Infocomm have recently secured $5 billion in syndicated loans. The two businesses will each receive a $2 billion add-on loan, which is anticipated to be completed by the end of April.
Vodafone Idea is currently engaged in discussions with banks to refinance loans worth Rs 3,000–4,000 crore. This will allow Vodafone Idea to pay loans to Indus Towers, Nokia, and Ericsson more quickly.
A delegation of the global lender held 10-day marathon talks with Pakistan officials to release the next tranche of USD 1.1 billion out of an already agreed loan but left on Thursday for Washington without signing a staff-level agreement.
New Delhi: Meta said it will bear the applicable interest payable to the bank, and give it as an upfront discount to the business on its ad spends. With no-cost EMI billing, advertisers can choose any amount between Rs 3,200 and Rs 5 lakh to convert to EMIs.
Videocon loan fraud case: Kochhar couple, Venugopal Dhoot of Videocon Group, along with companies Nupower Renewables, Supreme Energy, Videocon International Electronics Ltd and Videocon Industries Limited were booked by the CBI as accused.
According to cloud security company Lookout, these loan apps exploit victims' desire for quick cash to trap borrowers into predatory loan contracts and require them to grant access to sensitive information such as contacts and SMS messages.
The four people arrested accused were dummy directors, shareholders and other management positions of these Chinese loan app companies.
Google has been removing such money-lending apps in the country from time to time following directions from the RBI to monitor suspicious fintech applications.
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