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15 arrested in Noida for extorting ₹310 crore from thousands across India
Fifteen arrested in Noida for extorting ₹310 crore via fake loan apps, linked to a gang in China and Indonesia, say police.
Updated on Jan 11, 2025 05:34 AM IST
HDB Financial Services ₹12,500 cr IPO: Parent HDFC to sell ₹10k cr shares in OFS
HDB Financial Services, a subsidiary of HDFC Bank will go for a ₹12,500 crore IPO amid RBI mandate for ‘upper layer’ NBFCs to get listed
Published on Oct 20, 2024 02:58 PM IST
RBI may act against more NBFCs due to obscure lending practices: Morgan Stanley
The RBI sought action against four NBFCs, asking them to cease and desist from making new loan sanctions and disbursements
Published on Oct 18, 2024 02:35 PM IST
ANI |
Jio Financial Services gets RBI nod to become core investment company
Jio Financial Services submitted an application to the RBI in November 2023 to convert its status from an NBFC to a Core Investment Company.
Updated on Jul 12, 2024 09:01 AM IST
Manappuram Finance lodges complaint against manager who exchanged gold with fake jewellery
Manappuram Finance has filed a case against its Ghatkopar branch manager for replacing pawned gold with imitation jewellery; suspect believed to have left the city.
Updated on Nov 29, 2023 07:04 AM IST
Vinay Dalvi
Empowering India’s youth through education finance
For the institutions offering higher education, lack of financial and infrastructural resources and quality teaching staff are the foremost challenges.
Updated on Oct 13, 2023 01:52 PM IST
Steve Hardgrave, New Delhi
Online tutor held for taking loan of ₹1.5 cr in students’ name
The accused had availed the loan on the pretext of getting study resources such as books and laptops for his 116 students and had submitted their supporting documents for this, said the police. However, the students had no idea that loans had been taken in their names and claimed that they had not received any of the study resources mentioned.
Updated on May 05, 2023 12:23 AM IST
Payal Gwalani
MFIs may get to set interest rates
The RBI had on February 5 signalled the need for a framework that is uniformly applicable to all regulated lenders in the microfinance space.
Updated on Jun 15, 2021 03:22 AM IST
Livemint | Shayan Ghosh, Mumbai