The Chinese national and 20 other people, arrested for extorting money from people after offering instant loans, were funneling money to their handlers in China through shell companies, investigations have found. Chandigarh Police Superintendent (SP Cyber Crime Investigation Unit) Ketan Bansal said: “It has been discovered that the money whichRead More →
mini Loan sharks peaked in the aftermath of the Covid-19 pandemic, which ravaged businesses and put millions out of work around the world. They attack digital ecosystems by promising quick cash to those running from pillar to pillar for a new job or to earn quick cash to meet expenses.Read More →
Staff reporter In the case of the death of BTech student Nishank Rathore, the SIT (Special Investigation Team) formed under the leadership of Raisen ASP made a big reveal on the first day of the investigation. The late Nishank Rathore had taken out a loan from more than 18 InstantRead More →
Would you have believed it if someone had told you a few years ago that you could walk into a bank and get an instant loan with no collateral? I guess that will sound utterly ridiculous. The truth is that sometimes we find ourselves in a situation where borrowing moneyRead More →
The National Credit Regulator (NCR) was within its rights to open an investigation into instant loan company Dacqup Finance over reasonable suspicion that it violated the National Credit Act (NCA), according to a Supreme Court ruling appeal (SCA) rendered. Last week. Dacqup, trading as ABC Financial Services, a registered creditRead More →
The National Credit Regulator (NCR) was within its rights to open an investigation into instant loan company Dacqup Finances on reasonable suspicion that it violated the National Credit Act (NCA), according to a Supreme Court ruling in appeal made last week. Dacqup, trading as ABC Financial Services, a registered creditRead More →
Home loans and other personal loans made up 64 percent of additional credits over the past two fiscal years. Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world.Read More →
The company will use its AI-powered chat capabilities on WhatsApp to offer these pre-approved lines of credit. BOX claims to be the first fintech startup to offer instant credit lines without any documents, app downloads or form filling. Users can simply avail these loans by sending a “Hi” message toRead More →
Vadodara: Pruthvi Shah (name changed) has been rocked by an abusive phone call he received regarding the collection of a loan he never took. After a brief conversation, Shah was informed that it was his friend who had taken the loan which he was not repaying and also that ifRead More →
As the second most populous nation in the world, India has always experienced a widespread need for credit. The onset of the global pandemic has further intensified demand for credit across the country as medical and financial emergencies have erupted. At a time like this, traditional financial institutions, with theirRead More →
Slick Cash Loan makes it easy for anyone to get a loan with instant loans online with guaranteed approval. Slick Cash Loan, the leading online loan service renowned for its fast and reliable loan services, now offers online instant loans with guaranteed approval across the United States. Those short onRead More →
zeenews.india.com understands that your privacy is important to you and we are committed to being transparent about the technologies we use. This Cookie Policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit the zeenews.india.com websitesRead More →
Arya.ag has announced the launch of instant loans for farmers against their stored agricultural produce. Agricultural loans against stored products Arya.ag, an integrated grain trading platform, announced the launch ofRead More →
The FinTech environment has grown in popularity in recent years, especially after the pandemic. The banking, money services and insurance (BFSI) industry in particular has exploded with digital lending services transforming the lending process and disbursement methods. Digital lending is booming as an effective alternative to traditional lending (by financialRead More →
Buyers now have endless options when it comes to credit. BNPL has grown rapidly in recent years and fraudsters are looking to exploit it Many are drawn to the flexibility of buy now, pay later (BNPL) services, which have exploded in popularity during the pandemic. Over 17 million UK customersRead More →
Paytm, India’s leading digital payments and financial services company, is offering collateral-free instant loans of up to Rs 5 lakh to small traders in conjunction with regular commercial banks and NBFCs. The loans are available at a low interest rate and come with a unique daily EMI option, Mint reported.Read More →
Search mutual fund quotes, news, net asset values Zomato INE758T01015, ZOMATO, 543320 ICICI Bank INE090A01021, ICICIBANK, 532174 One 97 PayTM INE982J01020, PAYTM, 543396 Addiction INE002A01018, TRUST, 500325 CDS INE467B01029, SDC, 532540 Search mutual fund quotes, news, net asset values Zomato INE758T01015, ZOMATO, 543320 ICICI Bank INE090A01021, ICICIBANK, 532174 One 97Read More →
Fullerton India and One97 Communications Limited, the parent company of Inasmuch asPaymentInasmuch as, have partnered to provide loan products to micro, small and medium-sized enterprises (MSMEs). According to a press release, the initiative aims to specifically address the credit needs of MSMEs in small towns and villages to help themRead More →
Through Express press service HYDERABAD: The Enforcement Directorate (ED) has provisionally tied over Rs 72.32 Crore deposits lying in various bank accounts and payment gateway accounts of M/s Kudos Finance and Investments Private Limited, a non-bank financial company India (NBFC), and its various financial technology (Fintech) partner companies, in theRead More →
Dhaka Bank will soon be able to disburse small-scale personal loans within two hours of submitting the request by clients. As such, an account holder of the private lender will be able to contract between 10,000 Tk and 3 lakh Tk without producing any paper documents. For all the latestRead More →
Equity Bank has introduced a new way to access loans instantly for parents and guardians, especially with the four academic terms this year. Parents and guardians can simply dial * 247 # from Equity to apply for and receive instant loans as low as Ksh. 100 up to Ksh. 3Read More →
Sometimes we receive emergencies that require immediate cash flow, which we may not have at the time. Cash On Your Mobile, a friendly financial broker, started operations to allow customers to connect with fast money lenders. The company mainly serves the Sydney, Melbourne, Brisbane, Perth, Gold Coast and Sunshine CoastRead More →
New age fintechs are taking advantage of digital lending and making the process of getting loans faster and more convenient than traditional banks. They offer customized products to meet the demands of the borrowers. Instant Loan is one such product that a customer resorts to in an emergency. Instant loansRead More →
New Delhi, November 17 The Income Tax Department has today carried out search and seizure operations in Delhi and Haryana in the case of a fintech company providing instant short-term personal loans through a mobile app. The searches were carried out at commercial and residential premises in Delhi and Gurugram.Read More →
New Delhi, November 17 The Income Tax Department today conducted search and seizure operations in Delhi and Haryana in the case of a fintech company offering instant short-term personal loans through a mobile app. The searches were carried out on commercial and residential premises in Delhi and Gurugram. During theRead More →
LB Finance PLC, the country’s leading non-bank financial institution, recently introduced a revolutionary digital solution to boost its core gold lending business. With the latest solution, the company’s gold lending customers have the option of receiving instant digital top-up gold lending through the LB CIM (Cash-In-Mobile) smartphone app. This isRead More →
Search for quotes, news, net asset values ​​of mutual funds Coal India INE522F01014, COALINDIA, 533278 Addiction INE002A01018, RELIANCE, 500325 zee entertain INE256A01028, ZEEL, 505537 TIC INE154A01025, ITC, 500875 ICICI Bank INE090A01021, ICICIBANK, 532174 Search for quotes, news, net asset values ​​of mutual funds Coal India INE522F01014, COALINDIA, 533278 Addiction INE002A01018,Read More →
GeM Sahay app launched to help MSME sellers get instant loans New Delhi, Jul 29 (KNN) In order to meet the challenges of accessing credit faced by MSMEs, the Government e Marketplace (GeM) has launched a mobile application called “GeM Sahay†for business owners that will allow them to takeRead More →
MSME-focused digital lending platform FlexiLoans.com announces its collaboration with Google Pay to provide flexible lending to their merchant base. The collaboration will help close the credit gap by providing instant loans to small traders and entrepreneurs across India who cannot access formal credit, FlexiLoans said in a statement. FlexiLoans aimsRead More →
According to a source, Paytm now has no Chinese nationals on its board. US citizen Douglas Feagin has joined Paytm’s board of directors on behalf of the Ant Group. Paytm this week announced the launch of Postpaid Mini, a need and consumption based credit for users to help them manageRead More →
Paytm announced the launch of Paytm Postpaid Mini, an extension of its Buy Now, Pay Later service. The company says these “instant low-ticket loans” would give customers flexibility and manage household spending to maintain cash flow during the ongoing COVID-19 pandemic. The Paytm Postpaid Mini service was launched in partnershipRead More →
Accessing loans through cell phones is not only one of the greatest achievements of e-commerce, but also a dream come true that has taken banking to the next level. The most difficult puzzle has always been how to meet the needs of mobile users who do not own a smartphone.Read More →
In another groundbreaking development, Standard Lesotho Bank (SLB) this week introduced Instant Loans for Small, Medium and Micro Enterprises (SMMEs). The facility, which is part of the bank’s digital lending offering, is a value-added service that enables business clients, especially SMEs, to access “quick and hassle-free instant loans without queues.”Read More →
NEW DELHI : New To get approval for an instant personal loan, it is usually enough to have a good credit score and complete an online application form. Availing of personal medical loans, however, requires more than that. You will need to provide your employer’s contact details, salary slip, bankRead More →
Access to money is a constant need for many people, and fintech startups that provide solutions to this need are in high demand. In the field, Carbon, Evolve Credit, Branch, Kiakia and Renmoney have already created services that provide microloans to individuals and businesses in need. Changes in interest ratesRead More →
Have you ever been in a difficult situation and are in dire need of money? You ask your friends and family for a quick loan, but they can’t help you. Thinking of going to a financial institution, but the paperwork and requirements are overwhelming and take too long. The deadlineRead More →
Representative image. | Photo credit: iStock images Highlights Latest development follows Reserve Bank of India warning that malicious lending practices in the digital space have escalated To use many of these apps, customers need to give them access to sensitive information such as their phone book, pictures stored on theirRead More →
9 December 2020, 09:36 (CET) Berlin, December 9, 2020 The digital investment banking platform Penta takes a big step forward to support individual businesses and small and medium-sized businesses during the COVID-19 pandemic. Customers can now apply for the KfW 2020 Instant Loan fully digitally through Penta, thanks to theRead More →
The process of obtaining a loan is filled with paperwork and back and forth to the bank or microfinance institute. eShagi is a fintech that promises instant loans made through a 100% online process. What is eShagi? eShagi is a Fintech that claims to be different from banks and microfinanceRead More →
Listen to this article Home Credit India launched the Ujjwal card which will help its customers to access instant loans. In its official statement, the consumer credit provider said the newly launched card comes with a plethora of benefits exclusive to cardholders. The card can provide an instant limit toRead More →
MUMBAI : HDFC Bank on Wednesday announced a partnership with Apollo Hospitals through which its clients can benefit from unsecured loans of up to ??40 lakh to pay for medical expenses incurred in the health care chain. Loans will be disbursed almost instantly as cash is needed, and inpatients whoRead More →
The mPokket lending platform announced on Monday that it will provide a loan of Rs 1,200 crore to students and young professionals in this fiscal year, an increase of more than 70% from 2019-2020. mPokket, an instant loan application, had disbursed around Rs 700 crore in the last fiscal year.Read More →
Browsing online during the lockdown, Jessica Friend spotted a pair of Ray-Ban sunglasses she liked, but the price made the 30-year-old Ohio resident think twice. What persuaded her to click “buy,†Friend said, was the short-term credit offered by Afterpay, which splits the $ 260 payment into four interest-free installments.Read More →
Companies Digital lenders will reduce instant loans in line with CRB directive Wednesday, April 15, 2020 Digital lenders will reduce instant loans in accordance with the CRB directive. PHOTO FILE | NMG By CONSTANT MUNDAMore from this author Summary Micro-businesses and individuals who depend on unregulated digital lenders for instantRead More →
There are various advantages which make Fintech platforms the most preferred option for obtaining instant personal loans. Instant loans mean that the funds are credited to the customer’s account immediately after their loan application. This includes a smooth customer journey and relaxed underwriting in many cases, in addition to lightning-fastRead More →
Banco Sabadell, a Barcelona-based bank, has entered into a partnership agreement with Nemuru – a Fintech which seeks to make it easier for professionals in the renovation sector to offer their customers instant loans at the point of sale. Banco Sabadell reports that the system is already in place andRead More →
Find out what types of specially designed loans are available for sale: Today, with applications and technologies determining how businesses are run, lenders have also taken a new approach to providing loans. Millennials or people in general today don’t wait long, saving little by little, before making a big purchaseRead More →
zeenews.india.com understands that your privacy is important to you and we are committed to being transparent about the technologies we use. This Cookie Policy explains how and why cookies and other similar technologies may be stored on and accessed on your device when you use or visit zeenews.india.com websites thatRead More →
By Melissa Luz T. Lopez, Senior ReporterImagine this: a family emergency arises, and with it comes the urgent need for a few thousand pesos to save the day. Who are you running to?The instant loan providers hope that they will be the first thought of a troubled mind in suchRead More →
Through Mélissa Luz T. Lopez, Senior reporterIMAGE this: a family emergency arises, and with it comes the urgent need for a few thousand pesos to save the situation. Who are you running to?The instant loan providers hope that they will be the first thought of a troubled mind in suchRead More →
There are still eight days until the next paycheck, but many young people are already strapped for cash. When 25-year-old Urvashi needs money after putting out all her monthly income, guess who she turns to? His loan shark is not his friend, his father, or his best friend at work.Read More →
As banks and financial institutions expand their retail lending business at a time when business lending looks poor, they are turning to technology. Most of the banks have launched instant loans and with this the time to get the loans has decreased considerably. But a bank’s desperation for business shouldn’tRead More →