How small credit card disputes with banks can snowball into major mistrust
NEW DELHI : Mumbai-based Yateen Kahate applied for Axis Bank's Magnus credit card in July 2023. Two months later, the bank ...
Mint explainer: Who complained to RBI against banks, non-bank lenders?
The RBI's annual report for the Integrated Ombudsman Scheme reveals that 934,355 complaints were filed against lenders in ...
Tax Guru6d
Private Entities Performing Public Functions falls Under Writ Jurisdiction: SC
The Supreme Court of India ruled that private entities performing public functions fall under the writ jurisdiction of High Courts and the Supreme Court. However, it clarified that private banking ...
Is your credit report a silent killer? Don’t wait for a loan rejection to find out
Check your credit report regularly to catch errors, overdue accounts, and financial stress signals, ensuring better loan ...
Daijiworld5d
Karnataka govt to launch law, online portal to tackle microfinance menace & exploitation
In a bid to curb exploitation by microfinance institutions, the state government is set to roll out a new law, with key ...
Ministers propose online portal to track microfinance loans
BENGALURU: Law Minister HK Patil and Revenue Minister Krishna Byre Gowda on Saturday held a meeting with senior officers to draft a new law aimed at curbing the ...
Karnataka: Online portal to track loan details to tackle harassment by microfinance institutions proposed
A crucial meeting held on Saturday to discuss and draft an Ordinance to curb the excesses of microfinance institutions has proposed to create an online portal to track and update all details on loans.