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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...
Software developer fired by toxic boss without warning gets full 20 vacation days after termination letter mistake, leaves critical project unfinishedA software developer faced daily abuse from his boss after a bug in his code. He was eventually fired without warning. However, a terminati...
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
Banks casual in granting big loans, strict with small borrowers: SCThe Supreme Court has noted a troubling trend where banks like State Bank of India are casual in sanctioning large corporate loans. However...
Can banks block your mobile in case of loan default? RBI lays down rules for restricting services; Rs 250/hour compensation in this caseIf the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of ...
RBI proposes rules to let lenders disable phones for loan defaultsThe Reserve Bank of India is proposing to allow lenders to disable certain mobile phone functions for loan defaulters, specifically for dev...
Kerala Bandh on April 28: Why is there a statewide strike? Check what is open and closed hereKerala Bandh Today April 28: A 12-hour statewide hartal is being observed in Kerala today, April 28, following the tragic death of dental s...
A loan you never took; How PAN fraud is wrecking credit scores in India and what you should do to protect yourselfIndians are facing a new threat: PAN-based loan fraud. Criminals are using stolen PAN details to take out loans without consent. This is da...
No more harassment calls for loan recovery? RBI to bring tough framework from July 1, 2026The Reserve Bank of India is introducing stricter loan recovery rules for banks, focusing on borrower protection and transparency. These ne...
When easy EMIs become a trap: 85% of struggling borrowers spend over 40% of their income often to predatory lendersA nationwide survey reveals thousands of Indian borrowers are trapped in debt due to easy credit, with 85% dedicating over 40% of their inc...
Google to prohibit personal loan apps from accessing user photos, contactsThe move comes after several cases emerged over the past few months of borrowers being harassed after availing of instant loans through the...
Police bust call centre of instant loan apps in Pune, 18 held for threatening defaultersAccording to the police, call centre employees used to offer small instant loans (Rs 500 to Rs 7,000) on mobile app stores. "These apps see...
What to do if loan recovery agent bothers you?Agents bothering for loan recovery might seem to be a small issue but there are cases where people have committed suicide or suffered menta...
Loan app racket: Telangana cops pick one more Chinese from ThaneTelangana police on Wednesday arrested Chinese national He Jian and an Indian associate from Thane in the ongoing illegal instant loan app ...
Loan repay demand by official is not abetment to suicide: HCA bench of Justices Vinay Deshpande and Anil Kilor held that the petitioner, Rohit Nalawade, who was booked under IPC Section 306 (abetment...
2 Chinese among 4 held for running instant loan appThe investigation based on a complaint here, revealed the prime accused to be operating from China, the police said. The two Indians had be...
Harassment by instant loan apps firms: Chinese national among 3 arrested by Telangana policeThe action comes close on the heels of the arrest of four people, including a Chinese national, on Friday for allegedly using coercive meth...
Loan apps turn nightmare for borrowersHundreds of customers have taken to social media to complain of intimidation and harassment by collection agents of online loan application...
MDMK leader Vaiko among 230 arrested for 'rail roko' stirMDMK leader Vaiko and several others, including farmers, were today arrested when they attempted to stage a 'rail roko' agitation at Kovilp...
MDMK leader Vaiko among 230 arrested for 'rail roko' stirMDMK leader Vaiko and several others, including farmers, were today arrested when they attempted to stage a 'rail roko' agitation at Kovilp...