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LEGAL RIGHTS OF BORROWERS
Defaulted on your loan? Here's what banks can legally do and what they can'tMissing a single loan EMI doesn't lead to immediate bank intervention; instead, lenders often issue reminder calls and formal notices first...- The anatomy of corporate controlIn a major change to India’s corporate governance, the regulatory framework is set to redefine "control" with reference to the business and...
- RBI changes loan recovery rules:: No harassment, recorded calls, strict recovery agent code & moreThe Reserve Bank of India has announced new guidelines for loan recovery starting in January 2027. These regulations require that banks pro...
- How an iron ore empire began to raise doubtsMajor commodity traders are cutting ties with Radiant World amid concerns, which suggest the company provided falsified documents to banks ...
- No input tax credit for the innocent buyer after paying GST? Supreme Court settles who bears the cost when a supplier defaultsThe Supreme Court affirmed Gujarat High Court's decision on CGST Act Section 16(2)(c). This ruling validates the provision requiring tax pa...
- Canara Bank recovers loan on a Sunday: Woman says account was emptied without her consent; court orders Rs 45,000 payoutA Kerala consumer commission has ordered Canara Bank to pay Rs 45,000 in compensation and costs after it automatically debited Rs 53,463 fr...
- Make junk food costlier, tighten school canteen rules: Five steps ICMR suggests to curb childhood obesityIndia faces a significant childhood obesity crisis with 41 million affected children. New government policies aim to curb unhealthy food ma...
- 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...
- Accounting fraud: Every time, the same queue. The company, the auditor, and shareholders at the endBy the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...
- Byju’s creditors clear Aakash settlement proposalThink & Learn's creditors have approved a settlement for the Aakash Educational Services shareholding dispute. This development brings Byju...
- Is borrowing money to invest in IPOs worth it? Know what it costs, its hidden risks before going for financing for NSE, Jio, SBI MF IPOsIndia's primary market anticipates a busy season with major IPOs approaching. Many investors are borrowing funds to maximize their applicat...
- Supreme Court bars banks from blacklisting lawyers via 'caution' listsThe Supreme Court declared the Indian Banks' Association lacks authority over lawyer caution lists. Such lists are unsustainable in law and...
- Too much riding on one AI stock? Why techies should diversify their RSUs before it's too lateWith tech employees holding up to 80% of their net worth in a single stock, advisers say not selling is a real danger.
- Kerala family wins Rs 2.5 lakh compensation after bank loses original Pattayam submitted for agricultural loanA Kerala family has been awarded Rs 2.5 lakh compensation after a public sector bank lost the original Pattayam (land title deed) submitted...
- RBI opens bank lending for acquisitions under new frameworkIndia's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...
- US Supreme Court says Fed's Cook can keep her job for now, but it upholds other Trump firingsThe Supreme Court has significantly broadened presidential authority, allowing presidents to dismiss heads of independent federal agencies ...
- German naval ambitions suffer setback as warship order axedGermany on Wednesday pulled the plug on its largest naval order in decades after the anti-submarine warship project suffered delays, a setb...
- Byju’s-Aakash settlement talks enter final stretch ahead of NCLT hearingSettlement talks are underway between Manipal Education and Medical Group and GLAS Trust, representing Byju's US lenders, to resolve the Aa...
- Bringing back open-market buybacks through stock exchanges is the right decisionSEBI’s decision to restore open-market buybacks through stock exchanges marks a pragmatic regulatory shift that supports efficient capital ...
- 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 ...
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