(Representative image) | Photo credit: iStock images Highlights The man was unable to pay the loan installments It has been reserved in various sections of the IPC The man was arrested for committing the offense Bombay: In another shocking incident of counterfeiting and cheating reported in Maharashtra’s capital Mumbai, a 38-year-old man identified as Shamshulla […]
Woman using an ATM Having a demand deposit account is the first step many people take when embarking on a savings and investment program. Most consumers start with a checking account and add a savings or money market account over time. These accounts help you in many ways. They are a convenient way to pay […]
Tribune press service New Delhi, July 29 The Enforcement Department (ED) today arrested the promoter of the Ambience group based in Gurugram, Raj Singh Gehlot, under the provisions of the Prevention of Money Laundering Act (PMLA) in connection with fraud bank loan of Rs 800 crore, agency officials said. Rs800 crore siphoned off The ED […]
The Enforcement Branch arrested Raj Singh Gehlot, owner of the famous Ambience shopping center in Gurugram, in an alleged case of bank loan fraud to the tune of Rs 200 crore. ED arrested Ambience mall owner Raj Singh Gehlot in an alleged bank loan fraud case. The Directorate of Enforcement (ED) on Thursday arrested Raj […]
The luxury venue, Lough Erne Resort, has said its wedding reservations are almost full for next year as it readjusts to business after the lockdown. The five-star site said its booking levels were “exceptionally strong” and that it was facing a record summer this year. It has secured government-backed funding through the Bank of Ireland […]
Chamsul Huq Zahid | Posted: July 25, 2021, 9:42 p.m. What an irony! Banks are struggling to attract customers for their consumer credit, which is now offered at very attractive interest rates. Demand for this particular type of loan has fallen to its lowest level ever in 2020 and the trend continues. The situation was […]
Thiruvananthapuram, July 25 (PTI) Kerala’s Cooperation and Registration Minister VN Vasavan said on Sunday that no central agency needed to investigate the multi-crore loan scam reported in a cooperative bank controlled by the ruling CPI (M). in Thrissur as competent officials from his department and the police investigated the case. The minister, while addressing the […]
PODGORICA (Montenegro), July 21 (SeeNews) – Montenegro has repaid the first tranche of the loan granted by Chinese bank Exim for the construction of the Bar-Boljare highway, Montenegrin media reported on Wednesday. “Montenegro paid € 27.79 million in principal and interest, and the banks in its hedging agreement paid the state € 37.44 million in […]
The amount of interest paid on a bank loan by a cattle company in Queensland will be billed based on how well they reduce greenhouse gases, meet animal welfare goals and provide a safe place to work for their staff . Key points: Queensland cattle company to see bank loan tied to sustainability measures The […]
PETALING JAYA: Home loans and auto finance are expected to be the main driver of loan growth for RHB Bank Bhd. Malaysia’s fourth-largest lender remains confident it is on track to meet its 4-5% loan growth targets this year, despite a tough economic environment. However, the net interest margin is likely to weaken in the […]
It is alleged that CPI (M) was aware of the scam and appointed a commission of inquiry Party will not protect CPI (M) members in the Karuvannur Services Cooperative Bank committee if convicted of the loan scam, said CPI (M) district secretary MM Varghese . “There is no place for those who commit fraud in […]
Today, starting your own small business has become more accessible to everyone. Depending on the type of business you want to start, you might not even always need a huge amount of money to get set up, thanks to the internet and various SaaS services that can make starting a business easier. . But at […]
A year after launching its agent credit program, First Bank of Nigeria Limited said it had distributed N100 billion to its 114,000 Firstmone agents in the country’s 772 local government areas. According to the bank, its network of banking agents is part of its drive to increase the level of financial inclusion in the country […]
Film producer Umapathy Gowda says he feels stuck with the drama involving actor Darshan, two of his friends and a woman called Aruna Kumari. He said Show time he continues to be on good terms with Darshan, but some people try to ruin his reputation and his relationship with the star. Umapathy is the producer […]
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Synopsis Funds were diverted from a term loan made to Oyster Buildwell, an Avantha group company with no real business or assets. Edelweiss and Aditya Birla Finance, who received INR 285 crore and INR 190 crore respectively, deny any knowledge of the source of funds used to repay their contributions, which has occurred in the […]
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but this does not affect the opinions or ratings of our editors. A sight deposit account (DDA) is a type of bank account that allows access to your money without notice. In other words, money can be withdrawn […]