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LOAN NEWS

Gold loan vs selling: Which works better in a crisis?

August 18, 2025 12:36 pm

A gold loan from a bank or NBFC can be processed within hours, especially if your KYC is ready and the gold is valued.

Delhi man kills himself after alleging harassment over Rs 50,000 borrowed in 2014

March 26, 2025 6:00 pm

The 42-year-old man was found dead at his home in the Gandhi Nagar area of Delhi's Shahdara.

President yet to assent to Punjab’s Bill seeking to levy registration fee on home and vehicular loans

March 13, 2025 11:38 am

The Punjab Assembly had passed two Bills in monsoon session in November 2023 — The Indian Stamp (Punjab Amendment) Bill, 2023 and The Registration (Punjab Amendment) Bill, 2023.

Prepayment vs. Higher EMIs – Which is the right strategy for you?

February 27, 2025 12:58 pm

Increasing your EMIs accelerates principal repayment, cutting down interest costs and loan tenure

Karnataka brings into force law to prevent coercive loan recoveries in microfinance sector

February 14, 2025 1:21 am

Karnataka Chief Minister Siddaramaiah says the government will ensure the law won’t be misused against moneylenders, as apprehended by Governor Thaawarchand Gehlot.

'He couldn't tolerate the humiliation': Loan agents spread wife’s morphed photo, Andhra man kills himself over Rs 2,000 he borrowed via app

December 12, 2024 6:22 am

Police say the photo was sent to people on the man’s contacts list; victim had not been earning because of a halt in fishing activities

Gujarat: Lover kills woman over loaned money

February 01, 2023 3:52 am

According to the Varnama police station, the accused, Ismail Parmar, and the deceased had been in an extra-marital relationship for over seven years.

L&T closes $107 million Sustainability Linked Loan with Sumitomo Mitsui Banking Corporation

December 01, 2022 3:23 pm

This sustainability linked loan underscores L&T’s continued commitment to its environmental, social and governance (ESG) goals, a statement released by L&T said.

Chandigarh gets Rs 512 crore loan for 24x7 water supply but residents fear higher bills for repaying it

October 03, 2022 10:53 am

There were series of meetings with the French officials, that is of the AFD, and Chandigarh Smart City over the project of 24X7 water supply. On a pilot basis, the first assignment would be undertaken in Manimajra.

Sri Lanka and IMF reach preliminary agreement for $2.9 billion loan

September 01, 2022 12:14 pm

"Debt relief from Sri Lanka's creditors and additional financing from multilateral partners will be required to help ensure debt sustainability and close financing gaps," the IMF said in a statement.

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