SalaryOnTime App Installs Jump 200% on Paperless Loans
Fintech app SalaryOnTime reports a massive 200% growth in installs, driven by its instant, paperless loan services. Discover how it's changing financial access for India's workforce.
Category : Search result: illegal money lending Chandrapur
Chandrapur farmer offered kidney sale to clear loan
A debt-ridden farmer from Chandrapur was allegedly advised by a moneylender to sell a kidney. Police confirm he has only one kidney. Read the shocking details.
NBFC-Fintech Partnerships Set for Major Overhaul
Experts predict a fundamental shift in co-lending partnerships between banks, NBFCs, and fintechs. Speed, transparency, and trust will define winning models as regulations tighten and customer expectations evolve. Read more.
Farmer sells kidney, trapped in Laos bonded labour after debt
Chandrapur farmer Roshan Kule sold his kidney to repay loans but fell into bonded labour in Laos. Rescued after MLA's intervention, police probe illegal lending & organ trade. Read the shocking details.
Maharashtra farmer sells kidney abroad to repay loans
A Maharashtra dairy farmer, trapped in a debt cycle, sold his kidney in Cambodia and was exploited in Laos. Police have arrested six moneylenders. Read the full investigation details.
Farmer Sells Kidney to Repay Rs 74 Lakh Debt in Maharashtra
A marginal farmer from Chandrapur was forced to sell his kidney after illegal moneylenders charged 40% monthly interest, trapping him in a Rs 74 lakh debt. Police have registered a case and arrested six accused. Read the full story.
Founder Denies Fraud, Blames Lenders for Company Collapse
First Brands founder Patrick James accuses lenders of predatory practices leading to bankruptcy, while new management alleges massive financial fraud. Key details inside.
Uthalpeth Becomes Maharashtra's Largest Solar-Powered Village
Uthalpeth village in Chandrapur is now Maharashtra's largest fully solar-powered settlement, with panels on all 180 homes. The project, funded by the PM Surya Ghar scheme, will be inaugurated on December 17. Read more about this green energy milestone.
India's Fintech Lending Sector Enters a New, Regulated Phase
India's fintech lending shifts focus from rapid expansion to liability management and customer monetization after regulatory overhaul. Discover the new priorities and IPO plans shaping the sector's future.
Maharashtra Civic Polls Set, BJP Mobilizes, Legal Issues in Chandrapur
State Election Commission announces civic body polls in Maharashtra, ending long waits. BJP begins candidate selection, while legal questions over reservations arise in Chandrapur. Read the full analysis.
TN Govt Removes Collateral for Loans Under ₹4 Lakh
Tamil Nadu's new money lending rules remove collateral for loans under ₹4 lakh and up to ₹10 lakh for SHGs, aiming to empower low-income groups and women entrepreneurs. Discover how this policy change fosters financial inclusion.
Rs 4.05 Crore Hawala Cash Seized in Hyderabad, 2 Held
Hyderabad police intercept SUV carrying Rs 4.05 crore hawala money from Nagpur to Bengaluru. Two Gujarat-based businessmen arrested. One accused wanted in separate Rs 50 lakh fraud case.
Odisha Police Bust Illegal Arms Racket, Arrest Two
Bhubaneswar SCU arrests two arms suppliers from Dhenkanal, seizes 11 firearms including carbine. Weapons sourced from Bihar, Jharkhand. Major crackdown on interstate illegal arms trade network.
Fino Bank pivots to secured loans after RBI SFB nod
Fino Payments Bank, now an SFB, plans a strategic shift towards secured lending like property loans, avoiding unsecured risks. Read about its merchant-focused growth plan.
4 Zodiac Signs Destined for Wealth & Success
Astrology reveals four zodiac signs with a natural magnetism for money due to their ruling planets and traits. Discover if your sign is destined for financial abundance.
Warren Urges Scrutiny of Private Credit Market Risks
US Senator Elizabeth Warren warns private credit market failures are 'tip of the iceberg', urges regulators to conduct stress tests. Read more on the growing risks to the financial system.
RBI Repo Rate Cut: Home Loan Interest Rates to Fall
RBI's MPC slashed repo rate by 25 bps to 5.25%, urging banks to cut lending rates. See how HDFC, SBI, ICICI, and other top banks' home loan rates are impacted. Check your potential EMI savings now!
ED arrests ex-Al Furqan Trust head in Bikaner PMLA case
ED arrests Mohammed Sadeeque in Bikaner for money laundering, suspecting diversion of donations & radical links. Custody granted until Dec 6. Read the full investigation details.
RBI repeals decade-old rules to curb bank lending concentration
The RBI has revoked its 2016 framework that pushed large borrowers to debt markets. The move is expected to boost corporate bank credit by ₹3-4.5 trillion. Read the full analysis.
ED raids Meghalaya in ₹28.66 crore GHADC fund misuse case
ED conducts first raids from its Shillong office in a PMLA case over alleged ₹28.66 crore fund misappropriation in Garo Hills Council. Key details inside.
ED's First Raids in Meghalaya Under PMLA
The Enforcement Directorate conducted its first-ever raids in Meghalaya, targeting entities in a money laundering case linked to illegal coal mining. Details inside.
Kuwait Approves Strict Law Against Illegal Currency Exchange
Kuwait's Cabinet approves a new law imposing jail terms and heavy fines for unlicensed currency exchange to combat money laundering and fraud. Get the full details on the penalties.
Tonik raises $12M to scale lending in Philippines
Philippines-based digital bank Tonik secures $12 million in pre-Series C funding to expand its capital-efficient lending operations and drive financial inclusion.
Panchkula DC Takes Strict Stand Against Illegal Construction
Panchkula Deputy Commissioner Sushil Sarwan issues a stern warning against illegal construction. Authorities will take strict action, including sealing properties. Read the full details.
Indian trucker held in US after crash kills newlyweds
Rajinder Kumar, an Indian national who entered the US illegally, faces homicide charges after a crash in Oregon killed a couple married just 16 days. ICE has issued an immigration detainer.
Mathura, 1972 Rape Survivor, Gets Aid After TOI Report
72-year-old Mathura, whose 1972 rape case changed India's laws, finally receives government aid including Rs 8 lakh and a PMAY home after TOI highlighted her neglect. Read her story.
Loan-Deposit Rate Gap Squeezes Bank Margins, RBI Told
PSU bank chiefs warn RBI of a 70-bps margin squeeze as loans reprice instantly with repo rate cuts, but deposit rates lag. Key asymmetry threatens profitability.
36 Illegal Shops Demolished on BSL Land in Bokaro
Bokaro Steel Limited and district administration razed three dozen illegal shops and eateries in Sector 4 City Centre. Officials warn more action is coming. Read the full details.
New Govt Credit Model to Boost Digital Lending for MSMEs
The Indian government's new digital credit assessment model for MSMEs aims to streamline lending, reduce bank delays, and boost financial inclusion. Learn how this initiative works.
20 Vehicles Seized in Panchkula Illegal Mining Crackdown
Haryana police seized 20 vehicles for illegal mining violations in Panchkula. The crackdown follows a high-level order and involves survey teams for compliance checks. Read more.
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