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MONEYLENDERS
Muthoot FinCorp to dilute minimum 10% stake in IPO: CEO Shaji VargheseMuthoot FinCorp is preparing for its Initial Public Offering. The company plans to offer at least 10 percent of its stake. Funds raised wil...- Bajaj Finserv to up mkt share despite competition, aims to serve every Indian household in 10 yrs: CMDBajaj Finserv aims to expand its market share and reach every Indian household within the next decade, leveraging India's economic growth a...
- Farm sector suicides at 10,546 in 2024, second straight yearly decline: NCRB reportFarmer suicides saw a slight decrease in 2024. Over 10,500 individuals in the farming sector died by suicide. Maharashtra recorded the most...
- Kisan Credit Card alone is insufficient for modern, high-value agriculture: Shivraj Singh ChouhanShivraj Singh Chouhan stressed the need for technology, stronger rural banking, and integrated farming to boost smallholder incomes.
- Latest Malayalam, Tamil, Telugu, Kannada OTT releases (April 6 -April 12): New movies and shows on Netflix, JioHotstar, ZEE5 and moreThis week’s OTT releases bring something for every mood. You can watch romantic stories like Love Policy, thrillers like Repu Udayam 10 Gan...
- Maharashtra govt to make money-lending regulation law stricter to curb illegalities: MinisterThe Maharashtra government is intensifying its campaign against illegal moneylenders, moving to tighten provisions under the Money-Lending ...
- How a Rs 1.75 crore loan turned into Rs 147 crore debt and cost a family its own Rs 14 crore homeA Singapore man borrowed S$250,000. High interest rates caused the debt to surge to S$21 million. He sold his home to the lender's director...
- MP tribals not to repay loans to moneylenders under new lawCriminal case to be filed against unlicensed moneylenders who intimidate tribals for money
- State's waiver won't cover 'small' loans of 17.5 lakh Maharashtra farmersThere are nearly 17.5 lakh small and marginal farmers in the state who have taken loans of nearly Rs 2,150 crore in the last two years from...
- Gujarat farmer burnt alive over loan given by moneylenderThe 55-year-old had borrowed Rs 1 lakh from Bharatsinh Rathod, whose occupation was to lend money to villagers, and had returned Rs 50,000 ...
- Decoding Karnataka debt trap: Rise of a new breed of private moneylendersA new breed of moneylenders has pushed farmers of moneyed Mandya district in Karnataka into an endless debt trap, leading to mounting suici...
- Farm trouble: Karnataka government cracks down on private moneylendersDesperate to stall the spate of farmer suicides in the state over dues to private moneylenders, the Karnataka government has directed a cra...
- SC slams Vilasrao for shielding MLA’s moneylender kinThe SC on Tuesday said Deshmukh had abused his position to prevent the police from registering a criminal case against a Congress MLA’s mon...
- Micro finance bodies no better than moneylendersMFIs vision of 'eradicating poverty' is far from the truth, say finance experts, who feel they are no better than moneylenders.
- Farm credit surges, so does moneylenders' hegemonyThe number of farmers borrowing from moneylenders has risen to levels not seen since independence, despite doubling of agricultural credit ...
- Goodbye, microfinanceMicrofinance has been a boon for the rural poor but is slated to disappear, with the coming advance of formal finance.
- Relief likely for farmers left out of debt waiver planThe Manmohan Singh government plans to bring poor farmers within the institutional credit fold to reduce dependence
- Now, moneylenders fund cash-crunched buildersMoneylenders - primarily belonging to the Sindhi, Marwari and Kutchi communities - have stepped in to play their part. Concept buildings | ...
- No banks, so Jharkhand villagers turn to moneylendersThere are no banks in the Lawalong, Giddor and Pundda blocks. The villagers - most of them daily wagers - resort to the 150 odd moneylender...
- Baniya, Babu & Borrowing: Household debt is concerningIndia Human Development Survey suggests that rural households are far more likely to borrow from moneylenders than urban households— 38% ve...
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