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Rajpal Yadav has opened up about the Rs 5 crore fraud allegations against him, saying the matter has been misunderstood and unnecessarily sensationalised.Speaking about the controversy, Rajpal Yadav said that if the amount involved had been much larger, he would have understood the seriousness surrounding the allegations. ‘Rs 5 crore is not such a huge…
Mumbai: IPO-bound Muthoot Fincorp sees increased duty on gold adding to loan growth as higher prices post the hike expand borrowing headroom, even as the company has begun tracking end-use of loans from April in line with Reserve Bank of India norms and finds that a majority 70% are for productive purposes rather than consumption.Explaining…
NEW DELHI: The Modi govt on Tuesday approved an over Rs 2.5 lakh crore loan facility, backstopped by the Centre, to help businesses – from MSMEs to airlines – deal with the impact of the West Asia crisis by providing additional funding.For several companies, payment cycles have become longer as ships are taking longer routes…
Banks will be allowed to extend relief measures to borrowers in calamity-hit areas without waiting for individual requests, under revised Reserve Bank of India guidelines that will come into force from July 1, 2026.The RBI on Wednesday issued fresh directions after considering stakeholder feedback on draft norms covering relief measures in areas affected by natural…
A Tollywood actress and Bigg Boss contestant has been booked for allegedly defrauding a London-based software professional of Rs 9.35 crore. (AI image) HYDERABAD: A Tollywood actress and Bigg Boss contestant has been booked for allegedly cheating a London-based divorced software professional of Rs 9.35 crore on the pretext of marrying him. Three of her…
EU signs off on Ukraine loan, new Russia sanctions The European Union on Thursday gave final approval to a €90 billion ($105 billion) loan for Ukraine and a new round of sanctions against Russia, ending a prolonged standoff that had held up EU support for Kyiv.The measures were signed off after Hungary and Slovakia dropped…
Pakistan has expressed hopes to repay the remaining $1.5 billion of the total $3.5 billion loan to UAE by April 23. This comes ahead of an expected $1.2 billion disbursement from the International Monetary Fund (IMF), following recent discussions in Washington.Spokesperson for the State Bank of Pakistan, country’s central bank told PTI, “Pakistan has repaid…
Monetary dispute leads to stabbing of father-son duo NEW DELHI: On Friday evening, around 6pm, 62-year-old Rakesh Sood and his son, 27-year-old Karan, left their office in Kalkaji and headed home, as they did every day. Around 6.30pm, Karan dropped his father off at the entrance of their building in Alaknanda’s Tara Apartments and drove…
Pakistan will repay a $2 billion loan to the United Arab Emirates (UAE) by the end of this month, a media report said on Friday.“The UAE recently asked for the immediate return of the funds in the wake of the recent situation in the Middle East following the US-Israel war on Iran,” sources told Geo…
NEW DELHI: Exporters on Monday sought a moratorium on loan repayment for six months, along with higher credit limits and longer tenure, amid indications that govt and RBI are working on a package to help offset the impact of the West Asia conflict, which may take a toll on exports during March.During a meeting with…
