Muthoot Finance logs highest gold loan NPAs at Rs 3,369 crore, Manappuram Finance piles up Rs 436 crore

Muthoot Finance logs highest gold loan NPAs at Rs 3,369 crore, Manappuram Finance piles up Rs 436 crore

Follow Us on Google News New Delhi, July 29 (IANS) The gross NPAs for gold loans extended by NBFCs in India have risen to Rs 4,470 crore as on March 31, 2025 — from Rs 3,634 crore in the year-ago period — while in the case of commercial banks, the corresponding figure is Rs 2,162 … Read more

EPS begins second leg of poll campaign from Sivaganga, slams DMK over farmers loan circular

EPS begins second leg of poll campaign from Sivaganga, slams DMK over farmers loan circular

Follow Us on Google News Chennai, July 29 (IANS) AIADMK General Secretary Edappadi K. Palaniswami on Tuesday launched the next leg of his statewide campaign, “Let’s Save the People, Let’s Rescue Tamil Nadu”, with a visit to Sivaganga district. Arriving at Tiruchi airport from Chennai, Palaniswami told reporters that the ‘Ezhuchi Perani’ campaign has so … Read more

ED raids entities, people linked to Anil Ambani in Rs 3,000 crore Yes Bank loan fraud

ED raids entities, people linked to Anil Ambani in Rs 3,000 crore Yes Bank loan fraud

Follow Us on Google News New Delhi, July 24 (IANS) The Enforcement Directorate (ED) on Thursday carried out multiple raids at over 35 premises, 50 companies and more than 25 people linked to Anil Ambani’s Reliance Group (RAAGA Companies), in connection with a money laundering probe related to the Rs 3,000 crore Yes Bank loan … Read more

Rajasthan’s Indraj builds thriving nursery business with Rs 10 lakh Mudra loan

Rajasthan's Indraj builds thriving nursery business with Rs 10 lakh Mudra loan

Follow Us on Google News Neem Ka Thana, (Rajasthan) July 22 (IANS) Pradhan Mantri Mudra Yojana (PMMY) continues to transform lives across the country, empowering small traders and entrepreneurs with easy access to loans. One such inspiring story comes from Neem Ka Thana in Rajasthan, where a resident, Indraj Saini, has successfully established his own … Read more

ED raids multiple locations in Rs 386 crore TBVFL loan fraud case

ED raids multiple locations in Rs 386 crore TBVFL loan fraud case

Follow Us on Google News Mumbai, July 11 (IANS) The Enforcement Directorate (ED), Mumbai Zonal Office, conducted search operations under the Prevention of Money Laundering Act (PMLA) in connection with an ongoing investigation into financial irregularities involving Talwalkar Better Value Fitness Limited (TBVFL) and its promoters. The coordinated searches took place at 15 locations across … Read more

Maha govt forms committee on crop loan waiver

Maha govt forms committee on crop loan waiver

Follow Us on Google News Mumbai, July 10 (IANS) The state government is working sensitively to make the lives of farmers bearable and to achieve economic progress in their lives. Cooperation Minister Babasaheb Patil announced in the Legislative Assembly on Thursday that a committee has been formed to study the loan waiver for farmers. The … Read more

CBI nabs absconding accused in 8-year-old housing loan fraud case

CBI nabs absconding accused in 8-year-old housing loan fraud case

Follow Us on Google News New Delhi, July 5 (IANS) In a significant breakthrough, the Central Bureau of Investigation (CBI) on Friday arrested Harsh Sharma, an accused who had been absconding for eight years in connection with a housing loan fraud case involving Punjab National Bank. According to the CBI, the case was registered on … Read more

Bank loan fraud: Lucknow PMLA court sentences three convicts to 3-year jail

Bank loan fraud: Lucknow PMLA court sentences three convicts to 3-year jail

Follow Us on Google News Lucknow, July 3 (IANS) A Special PMLA court has sentenced three men, including the son of a former Allahabad Bank manager, to three years’ imprisonment in connection with defrauding the bank of Rs 3.20 crore through disbursal of loans against fake documents. Special Judge Rahul Prakash also ordered the confiscation … Read more

As cooperative societies delay crop loan, TN farmers forced to seek private money lenders

As cooperative societies delay crop loan, TN farmers forced to seek private money lenders

Follow Us on Google News Chennai, June 30 (IANS) Several farmers of the delta districts of Tamil Nadu — the rice bowl of the state — are forced to turn to private money lenders and micro finance firms who charge anywhere between 36 per cent to 60 per cent after cooperative societies delay disbursing crop … Read more