loan

Representative image (AI) LIC Housing Finance has announced a reduction in its home loan interest rates, providing fresh relief to homebuyers. The lender has lowered the starting rate on new home loans to 7.15%.The revised rates are linked to the borrower’s CIBIL score, with customers having a score of 825 or above eligible for the lowest rate on home loan amounts up to Rs 5 crore. LIC Housing...

Family Business’ of Fraud NEW DELHI: Delhi Police busted a fake call centre in South Delhi’s Sangam Vihar, operated by members of a family, which was cheating people by offering instant online loans.Police received a complaint on September 3 from Shuaib, a resident of North Delhi’s Sadar Bazar. He said that while looking for a loan and approaching various banks, he received a WhatsApp call on...

MUMBAI: When morphed pictures circulated to his family members, friends, and relatives did not yield results, the loan app fraudsters started making threatening calls to a 36-year-old Malad resident and his phonebook contacts, threatening to kill him and demanding that he clear the Rs60,000 loan that he had already cleared in 2021.Dindoshi police registered a first information report on October 17 after...

MUMBAI: The RBI is concerned about the strong growth in some personal loans and is watching out for any stress in that segment, asking banks, NBFCs and fintechs to strengthen their surveillance mechanisms."Certain components of personal loans are recording very high growth... These are being closely monitored by RBI for any signs of incipient stress," RBI governor Shaktikanta Das said on Friday. He...

Oct 06, 2023, 07:30AM ISTSource: TOI.inCredit score importance: If you are applying for a credit card or a loan, then one of the most important things that institutions track is the credit score. What is a good credit score and what are the factors that you should take care of to get a good credit score? What are the practices you should avoid to ensure that your credit score is not low? In this...

NEW DELHI: Eighteen people, including eight women, have been arrested for allegedly extorting money from people through a call centre after providing them loans through Chinese apps. The call centre was working under the guise of a finance company. Confirming the arrests, DCP (north) Sagar Singh Kalsi said the gang made extortion calls to victims through VOIP Sim box gateway devices to remain...