On March 4, the Reserve Bank of India asked IIFL Finance to stop approving or disbursing gold loans with immediate effect following its observation of certain material supervisory discrepancies in the lending institution’s gold loan portfolio.....
Read MoreMahindra Lifespace Developers Limited (MLDL) is the real estate and infrastructure development wing of the Mahindra Group. The company now claims to have invested around Rs 6000 crore in residential real estate business by the financial year 202....
Read MoreBandhan Bank is going to be the latest addition to the league of the credit card issuer. The Kolkata-based lending stalwart is likely to start their new business activity in April-May this year. Bandhan Bank has hired Piush Jha, the former ex....
Read MoreShares of all Adani Enterprise Ltd plummeted lower on March 18. It happened after Bloomberg reported that the US Government had launched a widened investigation of the conglomerate over suspected bribery. The stock of all the 10 Adani Group c....
Read MoreAccording to analysts, the Indian Government’s bond infusion in both the Bloomberg and JPMorgan emerging market indices is likely to attract annual foreign capital worth $40-50 billion. Foreign investors’ holding in government securities cur....
Read MoreAs per reliable sources, the NBFC (Non-Banking Finance Companies) has completely barred cash disbursements over Rs 20, 000 in gold loans. According to the sources close to the development, the NBFC, IIFL Finance has lodged a file of complianc....
Read MoreYou have just purchased your first house, or are you regarding to signing the documents. Exciting, right? The keys, the new paint, the fantasies of decoration of every corner it all seems like a new chapter. But may I question you upon another p....
Read MoreImagine this, you have just discovered your dream house, the paperwork is completed and you are ready to move in. All appears to be okay. However, what will happen when someone comes up months later and proves that your property belongs to them ....
Read MoreWhen the majority hear the word personal loan, they immediately imagine one and the same product, which is to borrow the money to handle an emergency or a large acquisition. However, the truth of the matter is that, banks and other financial ins....
Read MorePioneering ease of access to Basic Banking & Financial Services in Rural India