The Enforcement Directorate (ED) has arrested two directors of Amira Pure Foods Pvt. Ltd. (APFPL) under the provisions of the Prevention of Money Laundering Act (PMLA), 2002 in a Rs. 1200 Crore bank loan fraud case, according to a press release.
Pune (Maharashtra) [India], October 10: With the festive season just around the corner, excitement for new possibilities and grand celebrations fills the air. For many, it is the perfect moment to chase a long-cherished dream--owning a new car. While the process of selecting the right new ca
Chennai (Tamil Nadu) [India], October 9: Indiagold, a prominent fintech company specialising in gold loans, is set to disrupt the gold loan industry with its ambitious expansion plans and innovative product offerings.
Mumbai (Maharashtra) [India], October 9: Star Housing Finance Limited (Star HFL), a leading retail-focused housing finance company specializing in low-ticket loans, has been recognized at the prestigious ET Business Leaders 2024 Awards. The award, in the category of Outstanding Housing Finan
The Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned Non-Banking Financial Companies (NBFCs) that give incentives and fixed targets for granting loans to their employees.
Mumbai (Maharashtra) [India], October 8: Personal loans have become instrumental for individuals seeking quick and easy access to funds. Whether it's for debt consolidation, home renovation, or covering unexpected expenses, a personal loan can provide the financial support borrowers may need
New Delhi [India], October 7: Housing.com, India's No. 1 Real Estate App, is to announce its much-anticipated annual event, Mega Home Utsav 2024. Now in its eighth edition, the event will run from October 1 to November 15, 2024, featuring participation from over 4,200 esteemed developers and
The International Finance Corporation (IFC), a member of the World Bank Group, is partnering with private lender Axis Bank, to provide a USD 500 million loan to help develop a blue finance market and scale up financing of green projects in India.
Highlighting the scheme in a post on X, the Punjab CM said that the government is committed to addressing pollution which is caused by stubble burning.
It has achieved significant growth in its loan disbursements for the half-year ended September 30. In Q2 FY24-25, REC disbursed Rs47,303 crore in loans, representing a 13.71 per cent YoY increase compared to Rs41,598 crore in Q2 FY23-24.
Pune (Maharashtra) [India], October 5: Gold has always been a haven both for investors and borrowers. Even in recent times, gold loans are becoming increasingly popular for those seeking quick financial assistance. They allow borrowers to leverage their gold jewellery to secure funds without