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ED arrests four masterminds in fake chinese loan app scam
Updated : 1 year, 6 months ago IST
The Enforcement Directorate (ED) has arrested four masterminds in connection with fake chinese loan app scam ongoing across the country, the agency said on Friday.
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Spotting Suspicious Loan Activity Made Easy with OneScore
Updated : 1 year, 6 months ago IST
Pune (Maharashtra) [India], January 31: Identity theft and fraudulent loan apps are becoming more common with the rise of digital lending. In fact, more than 2,200 loan apps were removed or suspended from the Play Store between September 2022 and August 2023. In the same vein, more than 45%
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Microenterprises seek faster loans, simpler rules, and higher GST exemptio
Updated : 1 year, 6 months ago IST
Lakshmi Venkatesan Venkataraman, Founding and Managing Trustee, Bharatiya Yuva Shakti Trust, said, "One of the key concerns for microentrepreneurs is access to timely and adequate credit. While fintech firms and NBFCs process loans in a few days, banks still take 2-3 months, causing delays."
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Karachi gas crisis deepens as families struggle amid rising costs, shortag
Updated : 1 year, 6 months ago IST
Gas load shedding in Karachi continues to disrupt the daily lives of citizens, with complaints mounting over limited supply and rising costs.
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MortgageBuddy Hits a Monthly Disbursement Milestone of Rs 500 Crore and Ai
Updated : 1 year, 6 months ago IST
Pune (Maharashtra) [India], January 29: Fintech startup MortgageBuddy, a rising leader in the home loan sector, has achieved a remarkable milestone by reaching Rs 500 crore in monthly disbursements in December 2024. From starting at less than Rs 100 crore in April 2024, the company has grown
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Aditya Birla housing finance secures Rs 830 crore funding from Internation
Updated : 1 year, 6 months ago IST
The funds raised through IFC's investment will be utilised to address critical gaps by providing housing loans to low-income and middle-income groups (LIG and MIG), with a particular focus on encouraging homeownership among women.
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10 Reasons Why OneScore is the Ultimate Credit Management App
Updated : 1 year, 6 months ago IST
Pune (Maharashtra) [India], January 29: Navigating the complexities of qualifying for credit and paying EMIs and credit card bills on time can be overwhelming. The OneScore personal loan app simplifies the process by offering a comprehensive platform that empowers consumers to understand, im
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Indian banks facing margin pressure amid high interest rate and declining
Updated : 1 year, 6 months ago IST
Indian banks are facing margin pressure as loan growth slows amid high interest rates, according to a report by S&P Global Market Intelligence.
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The Impact of Interest Rates on Business Loans: Strategies for Mitigation
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], January 28: With the economic landscape in a continuous state of fluctuations, businesses of all sizes are seeking innovative financial solutions to fuel their expansion. One of the most sought-after ways to chase growth and scale businesses is taking a business
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Kejriwal urges PM Modi to enact law to prevent loan waiver for billionaire
Updated : 1 year, 6 months ago IST
"I have two requests to the Prime Minister - Now in this country, the loans of any rich billionaire will not be forgiven, a law should be made for this. This is a big scandal. If loans are to be forgiven, then loans of the middle class should be forgiven. Everyone's home loan, and vehicle
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"Waive farmers' and middle class loan": Arvind Kejriwal writes to PM Modi
Updated : 1 year, 6 months ago IST
Arvind Kejriwal urges Prime Minister Modi to prioritize waiving farmers' and middle-class home loans over the loans of the wealthy, claiming it would benefit the middle class and lower tax rates.
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Understanding the Daily Gold Price Fluctuations and Gold Loans in India wi
Updated : 1 year, 6 months ago IST
Pune (Maharashtra) [India], January 28: Gold has always been a cornerstone of Indian culture, symbolising prosperity and financial security. Whether for weddings or investments, this precious metal holds a significant place in every Indian household. However, daily fluctuations in gold price
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