The three accused have been identified as Yong Lui Xing, Choo Kai Lun, and Thiagarajan Kasi, all hailing from Malaysia.
Police said that the matter came to their attention when a victim committed suicide after falling into the loan scam operated by the accused.
Bengaluru (Karnataka) [India], May 23 (ANI/NewsVoir): With less than 20 per cent of the labor force in India and South East Asia having access to formal credit, BetterPlace, Asia's largest frontline workforce management SaaS platform, has announced its foray into the financial services secto
The ED is probing the NCP Maharashtra chief's alleged involvement in dubious loans extended to Kohinoor CTNL by IL&FS, which filed for bankruptcy in 2018.
New Delhi [India], May 22 (ANI/NewsReach): Rupi Bazaar Fintech P Ltd, a bootstrap financial startup based in West Delhi, has made impressive strides in the industry since its inception just over a year ago. With a focus on Credit Cards, Personal Loans, and General Insurance, the company has
Pune (Maharashtra) [India], May 22 (ANI/BusinessWire India): Homeowners looking to transfer their existing home loan balance to a new lender at affordable rates can choose the home loan balance transfer facility on Bajaj Markets, a subsidiary of Bajaj Finserv.
China is angry in particular as it recently helped Pakistan out by rolling out loans and extending much-needed support. Diplomatic sources say Chinese authorities are "much annoyed" by the mismanagement in Pakistan.
The Enforcement Directorate (ED) on Friday attached 47 immovable properties worth Rs 121.81 crore and movable assets worth Rs 54.25 lakh belonging to the accused in Seva Vikas Coop Bank loan fraud case under Prevention of Money Laundering Act (PMLA).
Pune (Maharashtra) [India], May 19 (ANI/BusinessWire India): Individuals can now browse, compare and choose Loan Against Property from 6 lending partners on Bajaj Markets, a subsidiary of Bajaj Finserv. With a loan amount ranging from Rs. 2 Lakhs to Rs. 15 Crores, individuals can also enjoy
Pune (Maharashtra) [India], May 19 (ANI/NewsVoir): Gold holds a special place in the hearts of Indians, with various ornaments like necklaces, bangles, bracelets, and rings cherished by many. An often-overlooked advantage of owning gold jewellery is its potential as collateral for obtaining
Delhi High Court on Thursday granted bail to the Managing Director cum Promoter of a Delhi-based private company in an ongoing investigation of a case related to bank fraud of Rs 512.67 crore.
The Asian Development Bank (ADB) has approved a USD 300 million loan to improve transport connectivity of the Kakarbhitta-Laukahi road in Nepal to international trade routes, particularly to India and Bangladesh.
A cyber criminal was arrested in Assam's Morigaon district who had allegedly taken loans of around Rs 22 lakh from two private financial companies in the name of different persons, informed officials.