Loan
- India
Loan write-offs for rich people are freebies, not welfare schemes: RJD
Patna: At a time when a large section of people in this country are struggling to achieve financial empowerment, there are two types of ideologies running parallel in the country. One is to…
- Hyderabad
Hyderabad: Man ends life over alleged harassment by loan app executives
Hyderabad: In an incident reported from Ramkoti, a man allegedly died by suicide after being harassed by loan app executives, on Friday. The deceased identified as C Ravinder Yadav took a loan…
- India
ED attaches assets worth Rs 113.32cr in bank loan fraud case
New Delhi: The Enforcement Directorate (ED) on Tuesday said it has attached 75 immovable properties including 67 windmills valued at Rs 113.32 crore belonging to the Chennai-based Surana Group of Companies in…
- Andhra Pradesh
AP: Minor dies by suicide over harassment by loan recovery agents
Nandigama: A 17-year-old girl died by suicide after she was allegedly harassed by loan recovery agents in Nandigama Town of Andhra Pradesh’s NTR district, according to an official on Friday. Kanaka Rao,…
- World
Bangladesh requests loan from IMF; economists say reforms in financial sector needed
Dhaka: Bangladesh has formally requested for a USD 4.5 billion loan from the Washington-based multilateral lender IMF to combat the ongoing financial crisis in the country, according to a media report. The…
- Hyderabad
Fireman dies by suicide in Hyderabad over ‘harassment’ from loan app sharks
Hyderabad: A fireman allegedly died by suicide here after being “harassed” over repayment of borrowed money by organisers of online loan apps, the Railway police said on Tuesday. The 33-year-old man’s body…
- World
India has to limit loan assistance due to global crises: SL PM
Colombo: Sri Lankan Prime Minister Ranil Wickremesinghe said that India had to limit the loan assistance given to the crisis-hit island nation in the wake of the recent global crises, including the…
- Hyderabad
Chinese instant loan companies operating from Nepal: Hyderabad cops
Hyderabad: The Chinese instant loan app case’s probe is hitting a dead end with the city police tracing calls from company executives to Nepal. According to the police, loan apps companies shifted…
- Telangana
Telangana Congress demands ban on online loan apps, writes to KCR
Hyderabad: AICC spokesperson Dr Dasoju Sravan on Wednesday demanded Telangana chief minister K Chandrashekar Rao to immediately abolish online loan apps which have been committing ‘brutal atrocities, unbearable harassment, and resorting to…
- Telangana
Banks approach court as GVK Group fails to repay loan
Hyderabad: Six banks across the country have decided to initiate legal action against 9 companies of the GVK Group. The GVK Group failed to repay the debt of US $1 billion and…
- Hyderabad
Telangana: Fraudsters create WhatsApp groups, threaten women
Hyderabad: Loan fraudsters seem to be back in the business, as they create WhatsApp groups allegedly to harass women. Loan recovery agents have been circulating morphed pictures of women among their contacts,…
- Technology
Elon Musk drops Tesla loans from $44 bn Twitter takeover
San Francisco: In a relief for Tesla shareholders, Elon Musk has committed to provide an additional $6.25 billion in equity financing for his $44 billion Twitter takeover, bringing his total equity commitment…
- Telangana
Telangana CM KCR miffed over loan bar
Hyderabad: Telangana chief minister KCR is miffed over the Union government’s continued refusal to permit the government of Telangana to participate in the forthcoming May 17 auction for open market borrowings. As…
- Telangana
Telangana govt mulls legal action against PFC, REC for refusal to release loan amounts
Hyderabad: Telangana government is considering legal action against two financial institutions — Power Finance Corporation Ltd (PFC) and Rural Electrification Corporation Ltd — after they refused to release balance loan amounts to…
- Telangana
Telangana: Dispute over loan drove mother-son duo to suicide
Hyderabad: Police officials have said that a dispute of overpayment of Rs 25 lakh debt was one of the main reasons behind the mother-son suicide act. As per a press release issued…