Tag: Lakh
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PSU Banks Write Off ₹6.15 Lakh Crore in Loans Over 5.5 Years
A comprehensive breakdown of the Finance Ministry’s disclosures in Parliament: massive loan write-offs by Public Sector Banks, improving capital positions without government infusion, rising digital fraud cases, and the scale of export credit disbursement over the past five years Loan write-offs, cyber frauds, export credit: Govt shares key banking data in LS Public sector bankshave…
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Finance Co-Agent Robbed of ₹1.7 Lakh and Motorcycle in Indore
Mhow: Three unidentified persons robbed of Rs 1.77 lakh and a bike from a collection agent of a finance company on Gandhwani-Balwari road on Saturday night. Gandhwani police station sub-inspector Niraj Kochle told TOI that 30-year-old Ramgopal, a resident of Manawar town, went to various villages in Gandhwani tehsil to collect instalments from the borrowers…
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Smart Home Loan Strategy: Save ₹12.18 Lakh with a Small EMI Adjustment
Smart planning can dramatically shorten your home loan tenure — and help you achieve financial stability and freedom years ahead of schedule. A small tweak in how borrowers schedule their EMI payments, according to tax and finance expert CA Nitin Kaushik, could shave off several years from a typical 20–30 year mortgage while saving several lakhs in interest…
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Tragic Fallout: Man Gambles Rs 3 Lakh and Takes His Life Over Debt
DHARWAD: A man committed suicide by hanging himself from a tree at Mangalgatti village in Dharwad taluk after spending more than Rs 3 lakh that he had collected for a finance company on an online game and was unable to repay the money. The deceased is Basavaraj Sakrappa (28) of Mangalgatti. Basavaraj was working in…
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Hyderabad AI Research Scientist Defrauded of Rs 85 Lakh in Crypto Matrimony Scam
Hyderabad: A 32-year-old research scientist working in the field of artificial intelligence (AI) at a software MNC, lodged a complaint with the Hyderabad Cyber Crimes police station on Thursday alleging that he was duped of 85.05 lakh in a cryptocurrency investment scam run through a matrimony website.The victim from Nallakunta, who recently completed a PhD…