The RBI proposes tighter rules for NBFCs and wants them classified into four categories. This is crucial for fiscal steadiness and to bring back confidence and will ensure that larger players will be screened just like banks.
In a shocking development, online fraudsters are offering easy loans and using forceful ways to humiliate customers so that they cough up the cash borrowed, leading many to commit suicide in desperation.
The National Consumer Dispute Redressal Commission (NCDRC) has passed a important ruling in which it states that if hackers fraudulently withdraw money from a person's bank account, the bank, would be responsible for the loss, not the Customer.
A Public Interest Litigation has been filed in the Delhi High Court seeking directions to the Unique Identification Authority of India to take action against Google pay alleging that Google pay has unauthorized access and storage of Aadhaar data.
Ignoring the advice of experts, the RBI’s Internal Working Group has recommended the entry of business houses into the banking sector. This can have dangerous repercussions for depositors and shareholders.
Haryana government told the Supreme Court that sincere efforts were being made to remove the blockades from Inter-State roads and National Highways and to resume free flow of traffic on those roads for the convenience of general public by way of persuading the Farmers/Farmer’s Organisations to cooperate
A man booked for putting up a post on his Facebook account, which allegedly disrespected Dr Bhimrao Ramji Ambedkar (Baba Saheb Ambedkar), was granted anticipatory bail by the Bombay High Court on a PR bond of Rs 20,000