Page 4 - Loan Default News Today

Banks will verify the thumb impressions with EC database

A 47-year-old moneylender in Maharashtra's Pune allegedly raped a woman after her husband failed to repay the loan taken from him, police said on Thursday.

Jaiprakash Associates Ltd (JAL), in a regulatory filing, said that on June 30th defaulted on repayments of a principal amount of ₹1,660 crore and interest of ₹2,384 crore.

Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans worth Rs 4,044 crore, including principal and interest amount.

India News: The Enforcement Directorate arrested Supertech chairman R K Arora in a money laundering case late on Tuesday evening. He will be produced before a spe

The well-known Indian education technology company Byju's has decided not to make the interest payment due on its dollar loan due to its difficult financial circumstances. In response, the business has gotten in touch with a variety of lenders to talk about a proposal for an amendment.

Errors in your credit report can dent your chances of getting a loan or even a credit card. If you spot errors, make sure you get them rectified at the earliest.

The $1.2 billion debt is the largest unrated loan by a start-up ever. The once high-flying company led by former teacher Byju Raveendran had been trying to strike a deal with creditors to restructure the loan, after the sharp dip of the pandemic-era boom in online tutoring dealt a massive blow to its finances

You can apply for a credit card from a bank you have your salary account with or opt for a secured credit card. Top tips: purchase consumer electronics on monthly instalments and, most importantly, repay before the due date to build a good credit history.

The Delhi High Court has ruled that the limitation period for reference of money dispute between the cooperative society and its defaulting member to arbitration, would be determined as per the...