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Indian Billionaire Yusuff Ali Saves Kerala Woman's Home, Pays Off Her Entire Loan
The woman, Sandhya, and her two children had nowhere to go after officials from a non-banking financial company (NBFC) took possession of their home.
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JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
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''20 Lakhs Per Year'': IIT Kharagpur Alum Breaks Down Expenses For 4-Member Family In A Metro City
According to Pritesh Kakani, an IIT Kharagpur alumnus, the total yearly cost for a family of 4 in a year comes down to Rs 20 lakh.
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Dead Farmer Leaves Behind Mentally-Ill Father, Student Sister And A Loan
On February 13, 21-year-old Shubhkaran Singh had left his home in Baloke village in Punjab's Bathinda district to join the farmers' march to Delhi. Eight days later, he was killed in clashes between the farmers and police near the Khanauri border
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Unable To Pay Salaries, Byju's Founder Takes Loan Against His Home: Report
Byju Raveendran, the eponymous founder of edtech titan Byju's, has pledged his home as well as those owned by his family members to raise money for paying employees as the company battles a cash crunch.
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US Woman Turns Rs 15 Lakh House Into Rs 3 Crore Home With Clever Renovations
Betsy Sweeny purchased a deteriorating Victorian house spanning 3,025 square feet for a mere $18,000. She dedicated her efforts to renovating the property and transforming it into her ideal home.
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Man Kills Colleague Over Rs 9 Lakh Loan, Buries Body Near Delhi Home: Cops
A 24-year-old government employee was arrested for allegedly killing his colleague, wrapping his body in polythene, and burying it in a vacant house in his neighbourhood in southwest Delhi's RK Puram area, the police said on Wednesday.
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Oil Is 'Biggest Risk Factor' For Economic Growth, Says HDFC Bank Director
India must overcome challenges posed by oil and climate-related issues to remain the fastest growing large economy in the world, HDFC Bank Director Keki Mistry said.
-
RBI Instructs Bank To Provide Borrowers Option To Switch To Fixed Interest Rates
The Reserve Bank on Friday asked banks and other lenders to provide individual borrowers an option of switching over to a fixed rate at the time of reset of interest rates.
-
RBI To Reset Floating Rate Loans: How It Impacts Home Loan Borrowers
Reserve Bank of India (RBI) has announced a transparent framework will be introduced to reset interest rates on floating-interest loans such as home loans.
-
RBI's Big Relief For Home, Auto Loan Takers With Choice Over Interest Type
The Reserve Bank today said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate.
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Noted Art Director Nitin Desai, Found Dead At Home, Defaulted On Rs 252 Crore Loan
Noted art director Nitin Chandrakant Desai, who was found dead at his studio in Maharashtra's Raigad, had defaulted on a Rs 252-crore loan to its financial creditor, and a bankruptcy court had admitted an insolvency petition against his firm.
-
Chase India Proposes Setting Up Self-Regulatory Body for Digital Lending Industry Amid Crackdown on Loan Apps
Amid the government crackdown on illegal loan apps, research firm Chase India in a report on Tuesday proposed setting up a self-regulatory organisation (SRO) for the digital lending industry.
-
Spike In Interest Rates Leaves Indian Homeowners In Unenviable Position
India's sharp rise in interest rates has left many homeowners in an unenviable position: Having a mortgage they'll still be paying decades after they should have retired.
-
Government Said to Revoke Ban on LazyPay, Kissht, Other Fintech Firms
The government will revoke the ban imposed on fintech firms LazyPay and Kissht after representations were made by these companies, a senior official said on Friday. The Ministry of Electronics and Information Technology (MeitY) issued blocking orders on Saturday, based on an emergency request.
-
Indian Billionaire Yusuff Ali Saves Kerala Woman's Home, Pays Off Her Entire Loan
The woman, Sandhya, and her two children had nowhere to go after officials from a non-banking financial company (NBFC) took possession of their home.
-
JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
-
''20 Lakhs Per Year'': IIT Kharagpur Alum Breaks Down Expenses For 4-Member Family In A Metro City
According to Pritesh Kakani, an IIT Kharagpur alumnus, the total yearly cost for a family of 4 in a year comes down to Rs 20 lakh.
-
Dead Farmer Leaves Behind Mentally-Ill Father, Student Sister And A Loan
On February 13, 21-year-old Shubhkaran Singh had left his home in Baloke village in Punjab's Bathinda district to join the farmers' march to Delhi. Eight days later, he was killed in clashes between the farmers and police near the Khanauri border
-
Unable To Pay Salaries, Byju's Founder Takes Loan Against His Home: Report
Byju Raveendran, the eponymous founder of edtech titan Byju's, has pledged his home as well as those owned by his family members to raise money for paying employees as the company battles a cash crunch.
-
US Woman Turns Rs 15 Lakh House Into Rs 3 Crore Home With Clever Renovations
Betsy Sweeny purchased a deteriorating Victorian house spanning 3,025 square feet for a mere $18,000. She dedicated her efforts to renovating the property and transforming it into her ideal home.
-
Man Kills Colleague Over Rs 9 Lakh Loan, Buries Body Near Delhi Home: Cops
A 24-year-old government employee was arrested for allegedly killing his colleague, wrapping his body in polythene, and burying it in a vacant house in his neighbourhood in southwest Delhi's RK Puram area, the police said on Wednesday.
-
Oil Is 'Biggest Risk Factor' For Economic Growth, Says HDFC Bank Director
India must overcome challenges posed by oil and climate-related issues to remain the fastest growing large economy in the world, HDFC Bank Director Keki Mistry said.
-
RBI Instructs Bank To Provide Borrowers Option To Switch To Fixed Interest Rates
The Reserve Bank on Friday asked banks and other lenders to provide individual borrowers an option of switching over to a fixed rate at the time of reset of interest rates.
-
RBI To Reset Floating Rate Loans: How It Impacts Home Loan Borrowers
Reserve Bank of India (RBI) has announced a transparent framework will be introduced to reset interest rates on floating-interest loans such as home loans.
-
RBI's Big Relief For Home, Auto Loan Takers With Choice Over Interest Type
The Reserve Bank today said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate.
-
Noted Art Director Nitin Desai, Found Dead At Home, Defaulted On Rs 252 Crore Loan
Noted art director Nitin Chandrakant Desai, who was found dead at his studio in Maharashtra's Raigad, had defaulted on a Rs 252-crore loan to its financial creditor, and a bankruptcy court had admitted an insolvency petition against his firm.
-
Chase India Proposes Setting Up Self-Regulatory Body for Digital Lending Industry Amid Crackdown on Loan Apps
Amid the government crackdown on illegal loan apps, research firm Chase India in a report on Tuesday proposed setting up a self-regulatory organisation (SRO) for the digital lending industry.
-
Spike In Interest Rates Leaves Indian Homeowners In Unenviable Position
India's sharp rise in interest rates has left many homeowners in an unenviable position: Having a mortgage they'll still be paying decades after they should have retired.
-
Government Said to Revoke Ban on LazyPay, Kissht, Other Fintech Firms
The government will revoke the ban imposed on fintech firms LazyPay and Kissht after representations were made by these companies, a senior official said on Friday. The Ministry of Electronics and Information Technology (MeitY) issued blocking orders on Saturday, based on an emergency request.
