Children s Place (PLCE) Announces $78 6 Million of Interest-Free Unsecured New Financing to be Provided by Mithaq Capital and the Appointment of Four New Directors streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
A 17-year-old girl in Jharkhand, India, allegedly consumed poison and died after being humiliated over the late payment of her brother s loan instalment. The girl had visited the office of a private company to make the payment but encountered an employee who subjected her to derogatory language. The police have initiated an investigation, and local authorities have promised that whoever is found guilty will be punished.
Amid the rising cases of harassment by predatory loan applications, Zerodha founder and CEO of Nithin Kamath cautioned people of these shady and illegal predatory loan apps. “If you are a victim of harassment, file a complaint at https://cybercrime.gov.in or call 1930. We have laws that protect you from harassment,” said Kamath in the tweet., Personal Finance News, Times Now
RBI’s lending norms have dealt a blow to many fintechs. An NBFC licence, now, is key to their business.In Sept, the RBI issued guidelines to regulate digital lending operations. The first loss default guarantee model the lifeline of fintech lending was disallowed for unregulated entities