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UNLAWFUL LENDING PRACTICES
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 ...
460,000 student loan borrowers to be kicked off from repayment plan? Know the big changes from August 1Under President Trump, the dismantling of the Education Department is causing turmoil for student loan borrowers. Nearly half a million app...
Microfinance as key engine of financial inclusion: How it can be made a strong pillar of Viksit BharatMicrofinance sector needs transparent pricing and protection against financial vandalism. Strengthening governance and reforming collection...
US: Republican crackdown on aid to immigrants would hit American citizensDonald Trump's administration is trying to limit immigrant families' access to welfare programs. Republicans want to remove incentives for ...
From Kazan to the world: BRICS expansion could reshape global governanceThe 16th BRICS Summit in Kazan emphasises multilateralism, financial innovation, and alternative payment systems. Leaders condemned unilate...
Delhi HC seeks reply from RBI, SEBI on unlawful lending practices carried by Paisalo DigitalThe Delhi High Court has sought responses from the RBI and SEBI regarding unethical lending practices by Paisalo Digital. Mukesh Arya's ple...
Is crypto at the end of its tether?Crypto is having a nightmare in 2022, it’s safe to say, but things could get even worse. That’s because a tether, a lynchpin of crypto trad...
RBI set to put onus on lenders to monitor loan appsThe Reserve Bank of India's working group on digital lending is all set to lay down strict governance and regulatory rules for loan recover...
RBI is exploring ways to regulate online loan appsThe Reserve Bank of India (RBI) has reached out to Google, Digital Lenders Association, fintech association FACE and several NBFCs for inpu...
Indian fintech lenders grab turf from China as Google begins app clean-upMost domestic fintech lenders that ET spoke with said that their business rose 20-40% month-on-month since December, when the crackdown sta...
Majority of Karvy clients get back pledged sharesOn Monday, depositories transferred securities worth Rs 2,013.77 crore to 82,559 clients of Karvy, said one of the persons.
When a Union Minister could not get banks to lend to small businessesThere are several schemes to help the MSME sector access finance from institutional sources, but the banks often shy from lending or make t...
Finding a solution to crisis: Reforms will not help if fraud is not curbedThe question we should ask is not whether the current financial crisis will lead to reforms, but whether fraudulent practices will be repla...
- Kapil Sibal blames opposition for slow reforms in education sector
HRD minister Kapil Sibal has blamed the opposition for lack of progress in structural and administrative reforms in the education sector.
- Reddy hums new tune: let it be-I
Annual Policy Statement For The Year 2004-05 By Y Venugopal Reddy, Governor, Reserve Bank of India .