Three men have been arrested in Noida, Uttar Pradesh, in connection with the death of a first-year BDS student in Kerala, who allegedly faced harassment from a loan app company.
Police in Kerala have filed an extortion case against an online loan app following the death of a student who allegedly faced harassment and intimidation over loan recovery.
Delhi Police have arrested six individuals involved in a transnational cyber fraud syndicate that operated fake loan applications and siphoned money through mule bank accounts.
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.
Kerala's Chief Minister Pinarayi Vijayan has condemned the alleged suicide of a student, vowing a thorough investigation into claims of caste-based harassment and loan app involvement.
The management of Kannur Dental College has refuted allegations of caste discrimination in connection with the death of a BDS student, suggesting a loan taken through a mobile app was a contributing factor. Police are investigating the case, which involves allegations of abetment of suicide and violations of the SC/ST Act.
The relatives have lodged a complaint with the police alleging that the instant loan app's depraved tactics to recover a loan borrowed by the family is likely to have led to them taking the extreme step.
Dalit organisations in Kerala are demanding compensation and a High Court-monitored probe into the death of a BDS student, alleging 'institutional murder' and caste-based harassment.
For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.
The family of a BDS student who died after falling from a building at Kannur Dental College in Kerala, in a suspected suicide, met with the City Police Commissioner seeking swift action against those accused of abetment.
Kerala's Chief Minister Pinarayi Vijayan has condemned the alleged suicide of a BDS student following accusations of caste-based harassment. An investigation has been launched, and support pledged to the victim's family.
The family of a dental student who died after falling from a building in Kannur alleges delayed treatment and caste-based harassment by faculty members, disputing the college's claims about the circumstances surrounding his death.
The alleged suicide of a first-year BDS student in Kerala has sparked outrage and prompted investigations into claims of caste-based harassment. The Chief Minister has condemned the incident, and various organisations are offering support to the student's family and calling for measures to prevent future occurrences.
Youth League activists clashed with police during a protest march at a dental college in Kerala over the death of a Dalit student. The protest was triggered by allegations of harassment and demands for action against faculty members.
According to his father, he had repaid Rs 3 lakh of the loan amount.
A court in Kannur dismissed the anticipatory bail plea of a doctor accused in connection with a student's death at Kannur Dental College, while granting bail to another faculty member. The student was found dead after allegedly being harassed by faculty members.
A woman constable in Mumbai Police was allegedly defrauded of Rs 12.46 lakh after her mobile phone was hacked via an APK file, leading to a personal loan being fraudulently obtained in her name.
The Indian government has extended the deadline for implementing SIM-binding rules for mobile messaging apps like WhatsApp and Telegram to December 31, following requests from the industry. The Department of Telecom has also relaxed the mandatory six-hour log-out rule for web versions of these apps.
Dalit organisations in Kerala have called for a state-wide strike to protest the death of Nithin Raj, a dental college student, alleging caste-based harassment and demanding a fair investigation.
In modern investing, transparency is more valuable than zero fees and not all investing app score big on this front, says Ramalingam Kalirajan.
A statewide hartal called by Dalit organisations seeking justice in the death of a dental college student has disrupted normal life in Kerala, with protesters blocking vehicles and forcing shops to close.
The Uttar Pradesh government announced it has paid a record Rs 3,21,963 crore to sugarcane growers since 2017, emphasising on-time payments and direct transfers to farmers' accounts. The government highlighted initiatives like farm loan waivers and the 'Smart Ganna Kisan' system for online sugarcane management.
Tech giant Google on Thursday said it has reviewed hundreds of personal loan apps in India that were flagged by users and government agencies and those found to be violating its user safety policies were immediately removed from its Play Store.
The investigation into the death of a student at a private dental college in Kannur, Kerala, has been handed over to the state Crime Branch following allegations of harassment and a statewide protest.
A former scheduled caste promoter of the Thiruvananthapuram Corporation was arrested in connection with an alleged Rs 75 lakh subsidy fraud under a self-employment scheme for women of the marginalised community.
Paytm (One 97 Communications Ltd) has stated that the Reserve Bank of India's action on Paytm Payments Bank Ltd (PPBL) has no financial or business impact on the company. The fintech firm clarified it has no material business arrangements or exposure with the banking entity, which operates independently.
The missive has, however, polarised stakeholders, with mobile operators under COAI coming out in its support, while digital platforms under the aegis of Broadband India Forum expressing "serious concerns" around overreach and calling for a pause in implementation of timelines.
As per sources, the MHA recommended the MeitY this week to ban and block these apps, and the ministry subsequently initiated the process as per communication.
Borrowing from a fraudulent loan app subjects the borrower to a variety of risks.
A 32-year-old man from Rajasthan was allegedly assaulted and robbed in Bengaluru after tracking his missing SUV to the city. He had lent the vehicle to a friend who failed to return it, leading him to track it down using a mobile app.
'Money is not just about greed or accumulation. It gives you freedom, dignity and choice. And you have every right to all three.'
Risk assessment platforms are increasingly using diverse data sources to help lenders identify groups attempting to access credit from regulated entities and to improve the process of evaluating new-to-credit (NTC) users.
Sebi is working with other regulators to expand the CAS framework.
Mary Kom, and fellow Manipuri Onler were married for over two decades, and their divorce in 2023 shocked close family members and acquaintances.
A 21-year-old fisherman died by suicide after loan recovery agents allegedly circulated a morphed picture of his wife failing to repay a loan, said a police official on Wednesday.
'Today, we are at a stage where we have launched a voice-to-voice model that supports 14 Indian languages.'
Borrowers should be careful if the app promises too-quick disbursal, and doesn't provide adequate information on the terms of the loan, such as interest rate, repayment schedule, etc.
Bajaj Finserv - the holding company of Bajaj group's financial services business - has laid out plans for the next five years. During this period, it is eyeing 18-22 per cent compound annual growth rate (CAGR) in net profit at Rs 21,000-24,000 crore on a consolidated basis.
As deposit growth lags credit expansion, Indian banks face shrinking low-cost Casa inflows, rising funding costs, and structural shifts driven by UPI, e-Kuber, and digital savings trends, points out Tamal Bandyopadhyay.
Before signing up for a BNPL plan, read the fine print carefully and watch for red flags like unclear repayment terms, vague information on interest or late fees, and marketing that downplays the cost of default.
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