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HYPOTHECATION
RBI revises Kisan Credit Card norms, standardises crop season definitionThe Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions for uniform loan sanctions and repa...
Rules in the works to enable G-Sec, repo deals by insurersInsurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...
Lending money to friends or relatives? Why guaranteeing loans and personal lending can put your finances, credit score, and goals at riskWhen a friend or a relative asks you for a personal loan, always seek time. There is no need to feel pressurised to respond immediately. So...
SC restores SBI-led lenders' rights in Reliance InfratelThe Supreme Court has reinstated the SBI-led consortium as financial creditors of Reliance Infratel. The consortium is owed ₹3,628 crore. T...
Repaid your car loan but unable to sell? Your vehicle may still be marked as hypothecated to the bank; you need to do this nowPaying your final car loan EMI doesn't automatically make the vehicle legally yours. Hypothecation, where the bank's name appears on your r...
Loan repaid? Vehicle hypothecation to be removed automatically under new online systemVehicle owners will no longer need to visit transport offices to remove hypothecation from registration certificates. A new online system, ...
Paid your car loan but struggling with NOC and hypothecation removal by RTO? You can now do it online on parivahan portalVehicle owners can now easily remove the hypothecation clause from their Registration Certificate online after repaying car loans. This pro...
Word of the Day: Hypothecation — here’s today’s word meaning, usage, and real-world applicationsWord of the Day: Hypothecation — Hypothecation is a key financial term every borrower and investor should understand today. It means pledgi...
EOW books globe capital on alleged Rs 35 crore fraudAccording to the FIR, the brokerage “wrongfully hypothecated the complainant’s shares and carried out unauthorised trading activities”, inc...
Power Mech Projects seeks shareholders' nod to raise borrowing limit to Rs 7,500 crorePower Mech Projects has sought shareholder approval to raise its borrowing limit from Rs 5,000 crore to Rs 7,500 crore. The company has ini...
Delhi HC orders seizure, relocation of 129 EVs from Gensol, BluSmart in fallout of loan scamThe EVs in question were hypothecated to STCI Finance by Gensol and BluSmart after the lender alleged default in loan payments and sought t...
NCLAT rejects claims of Reliance Infratel's 'indirect' creditorsNational Company Law Appellate Tribunal (NCLAT) ruled in favour of Doha Bank on September 9. The Qatar-based bank had pleaded that the reso...
CBI books Surat-based logistics firm, its directors for bank loan fraud"It was further alleged that the accused had cheated the bank by not hypothecating the vehicles in favour of State Bank of India. It was al...
Confiscate Nirav Modi's assets worth ₹1,400 crore , says courtIn a first, a Prevention of Money Laundering Act court ordered confiscation of property worth ₹1,400 crore belonging to fugitive economic o...
Gujarat Pipavav shareholders approve raising up to Rs 5,000 croreGujarat Pipavav Port Ltd (GPPL) today said it has received shareholders consent to raise a total of up to Rs 5,000 crore.
'E-auction properties hypothecated to banks'The bench said the need of the hour was to adopt new technologies in functioning of various authorities and entities in the country.
- DCHL mortgages trademarks of all four publications to raise funds
DCHL’s promoters have now disclosed they have also mortgaged the trademarks of Deccan Chronicle, The Asian Age, Andhra Bhoomi and Financial...
- 6 smart things to know about gold loans
Here are six things you should know about gold loans.
- 2G spectrum: SC astonished at banks giving loans to licences
The Supreme Court was today "astonished" to know that the public sector banks provided loans to the tune of Rs 10,000 crore to the 2G spect...
- Fund moblisation to strengthen power distribution network in Orissa
Orissa has emerged as the biggest beneficiary of the reform process, raking in direct and indirect benefits to the tune of Rs 7227 crore.