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CBI raids Rotomac Pens owner's residence
Updated : 8 years, 5 months ago IST
Kanpur (Uttar Pradesh) [India] February 20 (ANI): Two teams of Central Bureau of Investigation (CBI) on Monday raided Rotomac Pens owner, Vikram Kothari's residence in Kanpur.
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Rotomac case: 2919 cr. loan, here're the details of FIR
Updated : 8 years, 5 months ago IST
New Delhi [India], Feb. 19 (ANI): The Central Bureau of Investigation (CBI) on Monday filed a case against Rotomac Pens owner Vikram Kothari and others, after early morning raids at his residence in Kanpur.
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Case of loan default, not fraud: Kothari's lawyer
Updated : 8 years, 5 months ago IST
Kanpur (Uttar Pradesh) [India], Feb 19 (ANI): Rotomac Pens owner Vikram Kothari's lawyer Sharad Kumar Birla on Monday rejected reports of fraud committed by his client, adding that it was a case of loan default.
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Vikram Kothari rebuffs reports of non-repayment of bank loans
Updated : 8 years, 5 months ago IST
Kanpur (Uttar Pradesh) [India], Feb 19 (ANI): Rotomac Pens owner Vikram Kothari rebuffed the reports of not repaying bank loan worth Rs. 837 crore.
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Refer to these fintech startups for range of medical loans
Updated : 8 years, 5 months ago IST
New Delhi [India], Feb. 17 (ANI): Among all the personal loans the medical loan is the most crucial one which is often required on an urgent basis by the applicants.
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Curofy partners with Bajaj Finserv to provide financial aid to doctors
Updated : 8 years, 5 months ago IST
New Delhi [India], Feb.16 (ANI): In the quest to build a strong support system for doctors, leading social media networking app, Curofy has recently collaborated with Bajaj Finserv to help its users with easy loans and financial assistance.
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EarlySalary, Niki.ai introduce new 'Shopping Chatbot' with pay-later optio
Updated : 8 years, 5 months ago IST
New Delhi [India], Feb 15 (ANI): EarlySalary, India's first FinTech start-up to offer Instant Salary Advances and Short terms loans has tied up with India's leading Artificial Intelligence firm Niki.ai, to offer its customers a simple and easy to use chat bot to shop for products and serv
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India Transact Services, digital lending provider to fulfil MSMEs short-te
Updated : 8 years, 5 months ago IST
New Delhi [India], Feb 15 (ANI): India Transact Services Ltd. (ITSL), an omni-channel merchant digital payment solutions company and a Group company of AGS Transact Technologies Ltd., is strengthening its merchant acquisition portfolio by enabling loans to micro, small and medium enterprises
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Law to make load shedding punishable may come soon: R.K. Singh
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 13 (ANI): Union Minister of State for Power and Renewable Energy R K Singh on Tuesday said that a draft law will soon be proposed in Parliament to make load shedding punishable with a hefty fine.
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RBI rolls out new stressed assets framework to tackle bad loan problem
Updated : 8 years, 6 months ago IST
Mumbai (Maharashtra) [India], Feb 13 (ANI): The Reserve Bank of India (RBI) scrapped numerous loan restructuring programmes, asking banks to immediately identify defaults and make disclosures every Friday to the RBI credit registry, starting from February 23.
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Eduvanz secures RBI approval to disburse loans for skill development
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 12 (ANI): Eduvanz Financing - a skill development loan provider, announced that it has been granted the non-banking financial company (NBFC) licence by the Reserve Bank of India (RBI) to start providing loans in the multi-billion skill development sector.
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SBI reports Rs 2,416 cr loss in Q3
Updated : 8 years, 6 months ago IST
New Delhi [India], Feb 9 (ANI): The State Bank of India (SBI) on Friday reported loss of Rs. 2,416 crore in the third quarter of the current fiscal, attributed to lower trading income on account of hardening of bond yields, higher corporate slippages leading to higher loan loss provisions an
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