Interior Ministry asks states to take action against predatory lending apps
Such apps emerged during the COVID-19 pandemic as many people across India faced hardships. (File)New Delhi: The Union Ministry of ...
Sunday, February 5, 2023
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Tag: Lending
Don’t ignore these red flags before using digital lending apps
Many digital loan apps are chasing desperate borrowersIn recent years, an increase has been observed in financial fraud involving illegal ...
Major banks raise lending rates in line with RBI, loans are getting expensive
The new rates came into effect on Saturday.Following the Reserve Bank of India's announcement to raise its repo rate by ...
Which crisis? High Stakes Crypto Lending Looks To Be Here To Stay
London/Washington: On May 11, Scott Odell, an analyst at British cryptocurrency lender Blockchain.com, immediately sent a message to Edward Zhao ...
RBI lists approved digital lending apps to ban unethical apps
India to set up a list of approved digital lending appsThe Indian government is stepping up controls on digital lending ...
Canara Bank raises benchmark lending rate by up to 0.15%
The benchmark for one-year MCLR will be 7.75 percent at the existing rate of 7.65 percent.New Delhi: Canara Bank said ...
23 kg of gold, Rs 10 Lakh robbed at gunpoint from gold lending company in Rajasthan
The robbery took place at Manappuram Finance in Udaipur, police said.jaipur: Five men on bicycles robbed about 23 kg of ...
Digital Lending Startup EarlySalary in Talks to Raise $110 Million: Report
India's EarlySalary in Talks to Raise $110M in TPG-Led Funding: ReportIndian digital lending startup EarlySalary is in talks to raise ...
RBI tightens supervision of digital lending apps
The fee paid to the apps should now be borne by the lenders.Bombay: The Reserve Bank of India issued detailed ...
Loans become more expensive as banks raise lending rates after RBI rises
Equivalent monthly installments (EMIs) and borrowing costs on loans to become more expensiveThe assimilated monthly installments (EMIs) and borrowing costs ...
