Private money lender and two associates arrested for allegedly kidnapping and extorting money from a LIC agent in Mumbai over pending dues. | Mumbai news
The latest decision by the country s largest private lender to shut down business operations is prompting concerns that financially vulnerable people will have fewer places to a get a quick cash loan. According to industry sources, Thursday, OK Savings Bank recently submitted a request to the financial authorities seeking to acquire Rush and Cash, the No. 1 private money lender, by the end of this year.
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