A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.
Personal loans could well be the answer to many immediate financial needs. However, with the myriad of loans available in the market, each claiming its competency, how do you ensure you do not end up in a bad debt or a huge loan liability?
'It's a very disturbing thing to go back to my life and say, why did I act in such sexist, C-grade films, films derogatory to women. They were just bad films, bad choices. So I did, and did I sell my soul? Of course I sold my soul.'
I'm Game starts with a wickedly fun possessed-hand premise and plenty of style, only to lose its grip in a predictable second half.
A primer on how to choose correctly between swiping your card and applying for a loan...
Top-up loan, is a facility by which an individual who has an existing home loan gets a chance to borrow additional money from the housing loan company at an interest rate that matches the home loan.
A man in Mumbai has been booked for allegedly cheating a woman of 7 crore by making false promises of financial assistance and business loans after her husband's death. The accused, Bharat Singh alias Johnny, allegedly obtained the woman's GST login credentials and carried out fake transactions in her company's name.
What if you could have an option apart from personal loan in times of crisis?
Private banks and start-ups offer instant loans on apps as well as through ATMs.
Long jumper Shahnavaz Khan and high jumper Basant Kumar Meghwal, both recent World Athletics U20 Championships medalists, are now setting their sights on podium finishes at the upcoming Asian Games in Japan, aiming to improve their personal bests.
Futures and options (F&O) trading suits investors with good market knowledge, sufficient risk capital, a tested strategy and strong discipline.
The Securities and Exchange Board of India (Sebi) has prohibited Zee Entertainment Enterprises Ltd (ZEEL) from the securities market for two months and its Chairman Emeritus Subhash Chandra and MD & CEO Punit Goenka for one year, imposing a total penalty of Rs 1.48 crore, for the unauthorised pledge of ZEEL's Hyderabad land to secure loans for promoter-linked Essel Group entities.
The Allahabad High Court dismissed a petition by an advocate seeking quick disposal of a maintenance case against his wife, calling it 'vexatious' and imposed a significant fine for concealing facts and misusing his wife's funds.
A 30-year-old man in Aligarh was allegedly stabbed to death by his relatives after he asked them to return Rs 20,000 that he had loaned them.
Taxpayers must provide more details to support deduction and exemption claims.
You can bargain with your bank and get a personal loan at a cheaper rate. It always helps if you approach more than one bank with your loan application.
Harshala Chandorkar of CIBIL will answer your queries on personal loans in an online chat between 3 pm and 4 pm on November 18.
This central registry will help banks, financial institutions and non-banking finance companies get mortgage details of consumers before issuing loans against property. The personal loan score will provide details on the likelihood of customers becoming 91 days delinquent on a personal or consumer loan over the next 12 months. It will range between 300-900, indicating the levels of default. A home loan repository and a fraud repository will also be launched soon.
You need to think of the costs and prepayment charges before taking one but it is better than revolving credit on your card.
A Delhi court has remanded former senior executives of Reliance Anil Ambani Group (RAAG) to five days of ED custody in connection with an alleged bank loan fraud-linked money laundering case.
A delayed ITR could prompt greater scrutiny, document requests or processing delays.
A simple SIP-first approach can help reduce debt, avoid EMIs and build lasting financial freedom through disciplined spending, advises Ramalingam Kalirajan
Bira 91 founder Ankur Jain and his family have stepped down from the board and executive positions of B9 Beverages, the parent company, after reaching a settlement with the craft beer maker's lenders and investors.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
RBI Governor Sanjay Malhotra stated it is "premature" to discuss the implementation of Merchant Discount Rate (MDR) for digital payments, advising a "wait-and-watch" approach. He emphasised that investment in public payment infrastructure is necessary and someone must bear the cost, whether through taxes or MDR. The government is currently working on amendments to relevant statutes, and the RBI is focused on strengthening this infrastructure.
With corporate non-performing assets on the rise, banks want to hedge loans to individual borrowers.
Combine a robust base health plan with a super top-up, critical illness cover and a dedicated medical corpus to protect household finances from soaring treatment costs.
An Home Loan Protection Plan repays the outstanding loan if the borrower dies or suffers a covered disability.
High fees do not automatically translate into better teaching or stronger clinical exposure, points out Nayagam PP, career counsellor and founder of EduJob360.
Since the documentation required is little and the disbursement is faster, it automatically tops the list of anyone who is in need of emergency cash.
The management of Kannur Dental College has refuted allegations of caste discrimination in connection with the death of a BDS student, attributing the incident to issues related to a loan obtained through a mobile app.
A special CBI court in Ahmedabad convicted eight individuals, including three retired Punjab National Bank (PNB) officials, in a 2016 loan fraud case that resulted in a loss of Rs 1.57 crore to the bank.
An employee whose financial future is 60-80 per cent dependent on a single company's growth trajectory has no genuine safety net.
Converting credit card outstandings to a personal loan reduces the interest burden. But one needs to select the right tenure.
Credit growth in the industrial sector has slowed down due to sluggish economic growth.
If reimbursement becomes unavoidable, submit a complete file at the earliest.
'It is not because of the war in West Asia, which began on February 28.' 'Petroleum product prices are already going through the roof. They are bound to have a serious inflationary impact.' 'A country's leadership is tested in trying times. It is here that the current leadership is failing.'
Shares of One97 Communications, which operates the Paytm brand, experienced a significant jump after the company reported a consolidated profit for the January-March quarter.
