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ILLEGAL LOAN RECOVERY PRACTICES
Trump administration asks US Supreme Court to endorse immigration detention policyThe Trump administration is urging the Supreme Court to allow indefinite detention of immigrants without bond, even those living in the U.S...- Over 5,100 forest fires affected 11,580 hectares in Maharashtra in 2023-24: Minister NaikMaharashtra witnessed over 5,100 forest fires in 2023-24, impacting nearly 11,600 hectares. Gadchiroli alone reported over 7,000 incidents....
- Affordable housing finance firms likely to regain growth in FY27, but macro risks loom: KotakAffordable housing finance companies are poised for a growth rebound from FY27, according to Kotak Institutional Securities. After a subdue...
- NHAI intensifies drive against illegal highway parkingThe National Highways Authority of India is intensifying efforts to clear illegal parking and roadside encroachments on national highways, ...
- FRAI urges govt to intensify crackdown on counterfeit products, illicit tradeRetailers are urging the government to intensify efforts against illegal trade and fake products, citing risks to consumer safety and the l...
- London court orders Nirav Modi to pay Bank of India Rs 100 croreA London High Court has ordered fugitive diamantaire Nirav Modi to pay Bank of India over $10.7 million (approximately Rs 100 crore). The j...
- Can a bank seize your vehicle after EMI default? What borrowers need to knowFacing vehicle repossession in India? Understand your rights: lenders can't seize your vehicle after just one or two missed EMIs without du...
- PSU banks lose gold loan sourcing share as private banks, NBFCs gain traction: ReportPublic sector banks are losing ground in the gold loan market to private lenders and NBFCs, which offer faster service and wider reach. Whi...
- Red Tape ordered to pay Rs 8,000 compensation after charging customer Rs 10 for carry bagA consumer commission in Rohtak has ordered footwear brand Red Tape to refund Rs 10 for a carry bag and pay Rs 8,000 in compensation and co...
- NARCL to expand beyond government guarantee modelIndia's state-backed bad bank, NARCL, is set to broaden its acquisition strategy, moving beyond government-guaranteed deals. This expansion...
- Inflationary pressures, reduction in discretionary cash flows may impact collection of MFIs: ReportMicrofinance borrowers' repayment behavior may face challenges from inflation and reduced household cash, though the West Asia conflict has...
- ED probes auditors, vendors for colluding with CMRL MD in Kerala money laundering caseThe Enforcement Directorate is investigating Cochin Minerals and Rutile Limited (CMRL) for alleged money laundering, focusing on payments t...
- Weekly Horoscope for ♑ CAPRICORN (June 20 - June 26, 2026): Major Career Growth Comes Through Patience, Discipline and StrategyCapricorn Weekly Horoscope (20th June 2026 to 26th June 2026): Capricorn, this week brings steady progress, increased confidence, and a str...
- Living in a flat? Govt may soon introduce a new certificate that could reveal whether your building is actually safe to live inThe Indian government is considering introducing durability certificates for buildings to address growing concerns over unsafe construction...
- New BJP govt in West Bengal taking action against criminals, illegal foreigners; will end 'threat culture': Guv R N RaviWest Bengal's new BJP government is taking firm action against anti-social elements and illegal foreigners. Governor R N Ravi stated the ad...
- NARCL makes fifth exit with Rs 575 crore recoveryAgson Global, a manufacturer of aroma ingredients, was admitted to insolvency proceedings by the National Company Law Tribunal following a ...
- Bank provisioning at 3-year low on better recoveries, asset qualityBanks' loan loss provisioning hit a 12-quarter low in March 2026, driven by private sector banks amid improving asset quality and recoverie...
- Prudent ARC top bidder for Aban Offshore debtPrudent ARC has become the highest bidder for Aban Offshore's ₹1,080 crore debt from Punjab National Bank, offering ₹193 crore. This marks ...
- Banks asked to track movable assets to aid loan recoveriesThe government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...
- Operation Mule Hunt: Five held in Gujarat's Gir Somnath in Rs 310 crore cyber fraud caseGir Somnath police have uncovered a massive cyber fraud network. Five individuals have been arrested in connection with suspicious transact...
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