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HOUSING FINANCE SCAM
Financial independence: Why enabling agency and accountability matter for women, parents, and dependantsI would like to place for discussion not just the question of freedom to decide, but also responsibility and accountability. Why don’t we p...
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
Rs 1 cr retirement corpus not enough: PSU employee retiring after 35 years job breaks down before son seeking helpA PSU employee retiring with nearly Rs 1 crore faces family anxiety due to his history of financial mismanagement and falling victim to sca...
War without borders: The rise of cyberattacks beyond the battlefieldCyber conflict has escalated beyond borders following US-Israeli strikes on Iran, with hacktivists and state-backed actors launching global...
Is it worth taking a fresh look at the housing finance sector? 6 housing finance stocks with upside potential of up to 18%Housing finance is one of those sectors where the macro picture is always attractive, but not so much the micro reality. At the level of th...
US–Iran War Day 53: Last hours for peace? Ceasefire nears expiry as Trump warns 'bombs will go off' & Iran threatens Hormuz; Markets watch nervouslyIran War Day 53 News: US–Iran war entered day 53 with tensions rising as a fragile ceasefire neared expiry and uncertainty surrounded possi...
DMK MP Raja issues legal notice to YouTube channel over audio clip, slams PalaniswamiTamil Nadu elections: The controversial audio clip, which recently surfaced on social media, purportedly features Raja making disparaging r...
- EPFO resumes investment in scam-hit LIC Housing Finance
Retirement fund manager EPFO's trustees on Tuesday approved a proposal to resume investment in the scam-hit LIC Housing Finance, a subsidia...
- Despite finmin advisory, EPFO to keep LIC HF at arm's length
The labour ministry has said it will not reconsider its decision to suspend investment of employees provident fund money in the scam-tainte...
- CBI custody of LIC housing scam accused extended till Dec 3
A special CBI court today extended till December 3 the CBI custody of eight persons including LIC housing finance CEO Ramchandran Nair, arr...
- H-F racket a case of bribery; cannot be called scam: CREDAI
Realty body CREDAI on Sunday termed the recent housing finance racket as a case of 'bribe and kick-backs for loans' and said the case canno...
- Bribes-for-loans scam: Govt asks officials to shun blacklisted 'middlemen'
Latest blacklist comes in the backdrop of a series of scandals which have hurt govt's credibility & brought into focus role of middlemen an...
- No directions to public lenders to cut real estate exposure: Finmin
The Government said it has not directed public sector banks to cut exposure in real estate following the housing-finance bribery scam.
- LIC 'very strong'; law to deal with officers charged by CBI: CMD
LIC said the organisation is "very strong" and the housing finance racket involved only individual officers who will be taken care of by th...
- Govt may tighten regulatory norms to deal with scams: Khurshid
The government said it would look at the possibility of strengthening regulatory mechanism to prevent incidents like the housing finance ra...
- ED to launch probe into housing scam
The Enforcement Directorate will launch a probe into the housing loan scam unearthed by the CBI to check possible money laundering.
- Housing finance scam: Tremors don’t shake edifice
The events that have unfolded in the past couple of days seem to have shaken the confidence of investors in the housing finance segment.
- FM's directive to banks on housing scam
Finance Minister Pranab Mukherjee today asked PSU banks to look into their exposures to companies involved in the fraud as LIC said its hou...
- IT dept to look into loan bribery case: Finmin
The government today said the income tax department would look into the tax issues relating to the housing loan scam racket.
- Loan scam: LIC Housing shares rebound after tumble
Sources said that LIC is likely to take action against the errant employees by suspending both the CEO of LIC Housing and the Investment Se...