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BANK LOAN NEWS
From buying to renovating: Choosing the right home loan
June 05, 2025 1:34 pm
Let’s find out what different kind of home loans are and how they can help you.
Credit Card EMI vs. Personal Loan: Which is Better for Big Expenses?
March 20, 2025 12:39 pm
Credit card EMIs allow you to convert high-value credit card purchases into smaller monthly instalments. Instead of paying the full amount upfront, you can opt for EMIs that are deducted from your monthly credit limit over a tenure of 3 to 24 months.
ED arrests Bengaluru man for bank loan frauds, I-T refund scams
November 21, 2024 1:27 pm
According to the ED, the accused generated more than Rs 10 crore of proceeds of crime and laundered them into gold, jewellery, cash, and investments in cryptocurrencies.
Rs 975-cr bank loan 'fraud': ED arrests former vice-president of Mandhana Industries
July 30, 2024 9:49 pm
The accused, Priyavrat Mandhana (35), was sent to the ED’s custody till August 2 by a special court designated under the Prevention of Money Laundering Act (PMLA).
Brazilian woman wheels in corpse of elderly man into bank to 'sign' for loan, held for fraud
April 18, 2024 9:04 pm
When Érika de Souza Vieira wheeled a man into Itaú bank branch in Bangu, Rio de Janeiro and requested a loan of 17,000 Reais ($3,250), the suspicious employees quickly dialed the emergency services after noting the man's poor health.
Man in charge of safeguarding phones at BPO firm steals woman employee's data, takes Rs 2 lakh bank loan in her name
September 14, 2023 3:26 pm
The police said the accused allegedly observed the pattern to unlock the complainant woman's phone and illicitly accessed her Aadhaar and PAN details.
CBI files FIR against Gujarat firm, its directors and others for Rs 46.79-crore bank loan 'fraud'
August 07, 2023 10:16 pm
The first information report (FIR) was filed against 'Greendiamz Biotech Pvt Ltd', its directors, other private persons as well as unidentified public servants
Gang dupes banks in Karnataka by pledging counterfeit gold ornaments to avail loans worth Rs 3 crore
November 07, 2022 6:58 am
The gang cheated IDBI Bank and Union Bank in the Gadag district. Gold appraiser among the accused on the run.
Commercial paper, corporate bond issuances fall: ‘Bonds & loans realignment bumps up credit growth’
August 10, 2022 3:02 am
Since banks are major investors in CPs and bonds, the drop in market issuances accompanied by a jump in credit growth implies a rejig in corporate borrowing strategies.
Applying for your first personal loan? Five points to keep in mind
January 17, 2022 11:09 am
If you are in the market to avail your first personal loan, there are a few important things that you should keep in mind.
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