Special court rejects plea by Bank of Baroda manager in corruption case

It is also alleged that Kumar diverted a loan amount of Rs 4.49 crore which was utilised by other accused persons, including Reddy, to settle an existing overdraft account held with Syndicate Bank

Three Malaysians held by Andhra Pradesh cops in fake loan app case

The police lured the trio to come to India by interacting with them as local agents. They were nabbed at the Chennai airport and produced before a court.

5 Key Elements of a Loan Against Property

Pilot project to extend bank loans to tenant farmers of Konaseema

The district administration has decided to facilitate bank loans up to Rs 1 lakh to the tenant farmers in 10 mandals of Konaseema under a pilot project.

China's loans pushing world’s poorest countries to brink of collapse

Behind the scenes is China’s reluctance to forgive debt and its extreme secrecy about how much money it has loaned and on what terms, which has kept other major lenders from stepping in to help.

Bank seizes property of school in Delhi for defaulting on loan repayment 

The premises of the school were locked on April 15 by the bank and a notice was put up that announced the takeover.

Two men murder debtor, chop body & abandon it stuffed in plastic bags; 'guilt' drives one to suicide 

A co-accused in the case took his own life after allegedly realizing his "big mistake." 

How to prepare for the market fall

Maybe this is an exaggeration, but being prepared for a fall is the most sensible thing to do.

Recovery agents assault Bengaluru man for late EMI payment

After assaulting the victim and making him speak to their manager Dhananjay, the accused told him to collect his bike after clearing the EMIs.

SBI deputy manager held for Rs 8 crore fraud in Odisha

He misappropriated the loans to the tune of over Rs 8 crore by transferring the same amount to the bank accounts of his family members, and relatives, among others.

Reliance Industries secures USD 5 bn back-to-back loans from foreign banks

Mukesh Ambani-led Reliance Industries (RIL) has secured $5 billion in back-to-back foreign currency loans. 

HDFC sees 11.6% loan growth in Q4

During the quarter ended on March 31, 2023, it said, there was no sale of investments in subsidiary/associate companies.

Karnataka: Dena Bank officer gets two years in jail for fraud

The CBI had filed a chargesheet against the accused based on a complaint by the bank for offences punishable under provisions of the IPC and Prevention of Corruption Act.

ED attaches assets worth Rs 106 crore in Chinese loan app case  

Companies gave fake details, recovered money through torture, threats

Adani says USD 2.15 billion share-backed loans paid off; only operating co liabilities remain

While "all share-backed facilities availed by the promoters have been paid off", residual pledges pertain to debt taken by operating companies, it said.

Kerala Bank staff pitch in to pay off widow’s loan

Muppathadam native Suji Binu’s husband had taken a loan of Rs 3 lakh from the Aluva branch of the Kerala Bank for constructing a house at Muppathadam, Aluva, in 2012.

Disburse loans to encourage agri sector: Minister Niranjan Reddy

He said that banks were only considering urban properties while extending loans when in reality even the cost of rural properties has increased across the State.

Sri Lanka banks on long-awaited IMF deal to tap frozen billions

Japan suspended funding a $540 million airport expansion, while millions of dollars' worth of foreign-funded road construction was also halted after Colombo declared bankruptcy in April.

Tamil Nadu govt offered loans worth Rs 2.7K crore to farmers, says MSME minister

"Considering the benefits of small grains, farmers across the state are being encouraged to involve in cultivating small grains.

ED probe into loan app companies cannot be stalled: Karnataka HC

The office-bearers of several of these companies, which control and operate such mobile loan apps, are said to be Chinese entities or individuals.