Reserve Bank bars IIFL Finance from sanctioning new gold loans

Mar 04, 2024

The Reserve Bank of India has directed IIFL Finance Ltd. (the company) to stop sanctioning or disbursing gold loans or assigning, securitising, or selling...

First Citizens Bank acquires deposits and loans of failed Silicon Valley Bank

Mar 27, 2023

The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of recently failed US-based Silicon Valley...

World Bank approves USD 800mn loans to Pakistan

Jun 30, 2021

Washington DC [US], June 30 : The World Bank on Tuesday approved USD 800 million in financing for two programs in Pakistan--the Pakistan Program...

ED nabs Rosary Education Group partner for fraudulently obtaining loans

Mar 11, 2023

The probe agency said Aranha allegedly diverted loans from the stated purposes of the loans and utilised the same for his extravagant lifestyle, causing...

Kerala Police files multiple FIRs after Kuwait bank alleges loan fraud

Dec 09, 2024

Kerala police have registered about 10 FIRs in different police stations in the state after a bank in Kuwait complained that Indian nationals mostly...

SI-UK to offer Education Loans to Indian Students for Overseas Study

Mar 01, 2024

New Delhi [India], March 1: HDFC Bank and ICICI Bank have joined forces with SI-UK, an international education services provider, to support Indian students...