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Car loan racket busted, 7 arrested

January 20, 2021 2:47 am

The police, which arrested the seven persons late last week, have seized 19 high-end vehicles, including two Audis, two Mercedes and a Mini Cooper.

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'Calls, threats': The three suicides driven by instant loan racket

December 31, 2020 3:39 pm

A defaulter is subjected to constant harassment, over phone, including messages of fake FIRs and court notices, and humiliated before friends and relatives. There have been reports of three suicides, and one attempted suicide.

Two Delhi men held for posing as finance firm staff, duping woman

May 14, 2014 3:15 am

In her statement, she has said that the men claimed the amount to be processing fees for her loan amount of Rs 14 lakh.

Five firms borrowed Rs 1,000 cr in loan racket

November 26, 2010 2:54 am

Five of the Indian companies involved in the housing loan racket borrowed Rs 1,000 crore by bribing bank officials,news agencies reported on Thursday quoting two private TV channels.

3 held for fraud,offered loans at cheap interest rates

February 02, 2010 1:43 am

The Delhi Police on Sunday arrested three members of a gang for fraud and cheating people by allegedly using the name of Punjab National Bank.

9 men killed in Chennai construction site had left Assam to build a better life

India2 hr ago

Nine young men from the Dimasa tribe, working at a construction site in Tamil Nadu, were killed when a concrete arch they were working on collapsed. The brothers Provit and Sorbojit Thaosen were among the victims, along with four others from their village. The incident highlights the lack of employment opportunities and low wages that force many from their villages to work as migrant workers.

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