New Delhi: Meta said it will bear the applicable interest payable to the bank, and give it as an upfront discount to the business on its ad spends. With no-cost EMI billing, advertisers can choose any amount between Rs 3,200 and Rs 5 lakh to convert to EMIs.
Videocon loan fraud case: Kochhar couple, Venugopal Dhoot of Videocon Group, along with companies Nupower Renewables, Supreme Energy, Videocon International Electronics Ltd and Videocon Industries Limited were booked by the CBI as accused.
According to cloud security company Lookout, these loan apps exploit victims' desire for quick cash to trap borrowers into predatory loan contracts and require them to grant access to sensitive information such as contacts and SMS messages.
The four people arrested accused were dummy directors, shareholders and other management positions of these Chinese loan app companies.
Google has been removing such money-lending apps in the country from time to time following directions from the RBI to monitor suspicious fintech applications.
The International Monetary Fund has asked Pakistan to set up an anti-corruption task force to review all the existing laws that were aimed at curbing graft in the government departments.
Indian Railways is the fourth-largest rail network in the world, transporting 1.2 billion tonnes of freight in the fiscal year ending March 2020.
The Sri Lankan cabinet has approved a proposal by the Prime Minister to sign an agreement with India to purchase urea for agriculture. The loan is being obtained for the procurement of urea for a ‘Maha’ harvest season.
Metropolitan Magistrate (Andheri court) R R Khan had earlier this week issued summons to Shilpa Shetty, her mother Sunanda and sister Shamita in a cheating case filed by a businessman over loan repayment.
In Q3 FY22, merchant Loans disbursed through Paytm grew 38% Y-o-Y, while the value of Merchant Loans grew 128% Y-o-Y.
The Chief Judicial Magistrate of Jaisalmer Court on Monday rejected the bail application of former SBI chairman Pratip Chaudhury and sent him to judicial custody till November 15.
While technology has revolutionised how loans are disbursed, the principles of judicious borrowing have not.
To avail of the World Bank loan the state government will have to engage an Independent Verification Agency (IVA) that will verify the Disbursement Linked Results (DLR).
CIBIL Score, Credit Score Check: CIBIL is a summary of an individual's credit history, reflecting the person's credit profile. The score allows banks or lenders to filter and act on the loan applications.
A YouTube video has claimed that the central government is providing Rs 75,000 cash each to all Indians under "Modi Loan Yojana".
Four people, including a Chinese national, have been arrested for allegedly using coercive methods to recover dues from defaulters who had used 11 instant loan apps developed by them, police said.
The country's largest lender State Bank of India (SBI) on Monday said it has launched a facility on its website to help retail customers check their eligibility for one-time loan restructuring announced by the RBI.
The factory and registered office of the company in Morena, residences of Garg and another director Saurabh Garg and its office at Barakhamba Road, New Delhi were searched by the agency on Friday, they said.
A new product has come in the market that will offer customers a loan against their existing vehicles. So all your cash problems are addressed while you continue to enjoy the drive in your car.
The World Bank on Sunday said its Board of Executive Directors has approved USD 500 million (about Rs 3,700 crore) loan to improve quality and governance of school education in six Indian states.
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