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.
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.
For the time being, digital lending remains a grey area, notes Tamal Bandyopadhyay.
The crime branch has arrested a telecaller from Uttar Pradesh linked to an illegal loan app, in connection with the alleged suicide of a first-year BDS student in Kannur. The student, Nithin Raj, was reportedly harassed by the loan app operators and also by two college faculty members, who are also accused in the case.
According to his father, he had repaid Rs 3 lakh of the loan amount.
A new report, the Digital Credit and Inclusion Index (DCII) 2026, reveals that Tier-2 cities are spearheading digital credit adoption in India. The study, a collaboration between Pahle India Foundation and Amazon Pay, highlights that salaried women are borrowing more than men and that digital credit is primarily used for consumption, with limited productive use.
State Bank of India (SBI) is developing an innovative solution to assess the creditworthiness of small businesses lacking GST registration by utilising UPI transaction data. This initiative aims to provide end-to-end digital loans within a day, addressing the financial exclusion of many small enterprises.
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.
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.
It's not about how much you earn -- it's about how you borrow and repay.
The Indian government has introduced a 0.4 per cent Merchant Discount Rate (MDR) on UPI payments exceeding Rs 2,000 made to merchants, effective from October 15, with a comprehensive framework set to take full effect by October 15, 2026. This policy aims to regulate transaction fees while protecting small merchants and person-to-person transactions.
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.
Do not share OTPs, PINs, authentication codes, card numbers, card verification values (CVVs), KYC details, security answers, Internet-banking passwords or Aadhaar-based authentication credentials through SMS, e-mail or phone calls.
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.
PhonePe, at the Global Fintech Fest 2026, unveiled its strategic vision for the next decade, focusing on inclusive digital progress for individuals, households, and businesses across India. The roadmap details innovations in financial inclusion, wealth creation, credit access, and merchant solutions.
Kerala Police chief Ravada Chandrasekhar highlighted cyber fraud as a serious social challenge, particularly targeting youth, during the inauguration of 'RBI Reelathon 2026'. This multi-phase awareness campaign by the Reserve Bank of India aims to engage college students in combating cyber financial frauds through creative content creation and timely reporting.
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.
For millions of Indians, this number has become one of the most important financial indicators. It can influence not only whether a bank approves a loan but also the interest rate you pay, the credit limit you receive and, in some cases, how quickly your application is processed.
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.
Essel Group founder Subhash Chandra has called for an independent audit to examine the group's borrowings, defaults, and repayments, stating that approximately 43,000 crore of its 45,000 crore total debt has been repaid.
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.
A data breach does not end when the headlines fade. For victims, stolen personal information can fuel fraud, identity theft and financial losses for years.
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.
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.
Kerala's Home Minister announces 'Operation Toofan: The Narco Hunt', a statewide campaign to crack down on drug syndicates, focusing on eliminating drug distribution networks, especially around educational institutions, and improving police functioning across the state.
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.
Borrowing from a fraudulent loan app subjects the borrower to a variety of risks.
'Taxpayers should not ignore any of these notices. Verifying the facts and responding promptly can help resolve issues early and avoid unnecessary litigation.'
In modern investing, transparency is more valuable than zero fees and not all investing app score big on this front, says Ramalingam Kalirajan.
Mumbai has spent four centuries building folklore around its monsoon: The potholes, the delayed trains, the office debates about whether it will 'break' this week or next. It turns out the rain was always a market. Nobody had built the exchange for it until now!
Maharashtra BJP MLC Pravin Darekar announced the launch of 'Devabhau' and 'Chhava' cooperative taxi services in Mumbai, aiming to counter private aggregators and benefit drivers directly, but the scheme has drawn sharp criticism from social activist Anjali Damania and the Opposition Congress over the proposed use of Mumbai Bank funds and its political branding.
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.
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.
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.
