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The digitalization of the Indian financial sector has been a blessing for those who have not been able to receive funds through traditional lenders for various reasons. The availability of many cash loan apps on play store and app…

Hyderabad: In the ongoing investigation against the instant loan application case, the Enforcement Branch has tied up money worth Rs 72.36 crore in various bank accounts and payment gateways of Kudos Finance and Investments private limited,…

Through Express news service NEW DELHI: The Directorate of Execution (ED) seized an additional amount of Rs 51.22 crore lying in bank and virtual accounts with payment gateways of financial technology company PC…

A fintech company that provided instant loans through a mobile app was found to have repatriated "non-genuine" funds of Rs 500 crore overseas, the CBDT said on Wednesday. The information was gathered by the Income Tax Department after…

A fintech company that provided instant loans through a mobile app was discovered to have repatriated "non-genuine" funds of Rs 500 crore overseas, the CBDT said on Wednesday. The information was gathered by the Income Tax…

A fintech company that provided instant loans through a mobile app was discovered to have repatriated "non-genuine" funds of Rs 500 crore overseas, the CBDT said on Wednesday. The information was gathered by the Income Tax Department…

HYDERABAD: The manager of a branch of ICICI bank in Calcutta has been arrested for siphoning Rs 1.18 crore from accounts frozen by the Hyderabad police cyber cell as part of his investigation into fraud fraud loan application. Defendant…

The Enforcement Directorate (ED) seized 106.93 crore rupees from bank and shadow accounts of the non-bank financial corporation (NBFC) PC Financial Services Pvt Ltd under the provisions of the Law on Foreign Exchange Management (FEMA),…

The Enforcement Directorate (ED) said on Thursday it had seized funds worth around Rs 107 crore from a Chinese-controlled NBFC, engaged in providing instant personal loans through an internet app, to alleged violation of foreign…

The company follows a dual model of flagship stores (for catering to small stores) and concession stores (for retail customers).The private equity fund backed by SIDBI India SME Investments has expanded its portfolio in the banking,…

Representative imageHYDERABAD: Armed with fake letter, fraudsters posed as cybercrime perpetrators and managed to transfer Rs 1.18 crore from Kolkata bank account, previously frozen at police request of Hyderabad, in the multi-city loan…

The police investigation revealed that Rs 21,000 crore had been transferred from India to China via Indonesia.Hyderabad Cybercrime Police have filed a charge sheet in the Instant Loan Enforcement case, where Chinese nationals allegedly…

Probe Agency seizes more than Rs 76 crore in assets in cases of Chinese loan applications. (Representative)New Delhi: The Enforcement Directorate seized assets worth more than Rs 76 crore, including certain financial…

Through Express news service BENGALURU: The Directorate of Enforcement (ED) issued a provisional seizure order for Rs 76.67 crore found in various bank accounts and payment gateways of seven Chinese loan…

Illustration for representational purposes (Siddhant Jumde) The Directorate of Execution (ED) has tied up money to the tune of Rs 76.67 crore, located in various bank accounts and payment gateways, in connection with Chinese loan…

The Enforcement Directorate (ED) issued a provisional seizure order under the Prevention of Money Laundering Act 2002 (PMLA) tying Rs. 76.67 Crore, lying in various bank accounts and payment gateways owned by Chinese loan application…

Last month, the government announced a dedicated portal, effective July 1, 2021, allowing sellers to file claims for alleged violation of the Government Procurement Ordinance (Preference to be done in India), 2017 (Representative image) )A…

When Inditrade Capital, a 29-year-old Indian financial services firm, decided to jump into the digital lending game in 2019, it realized it couldn't do it on its own. He needed a partner to help him reach people from all over…

Chinnabba Rajashekar, 27, is from Chittoor district in Andhra Pradesh and works in Bengaluru. Continuing their investigation into alleged financial fraud by app-based loan application companies, Hyderabad Cyber…

After reports of suicides for defaulting on their debt began to surface across the country, police took action and accelerated the investigation into the racketeering of online loan applications. Just yesterday, the Telangana High Court…

In their ongoing investigation into instant loan applications, Rachakonda police arrested another Chinese national on Wednesday. The 26-year-old Chinese national, identified as He. Jian, alias Mark, is from China's Jiangxi Province. He…

The Chinese nationals ran the call center with the help of the two Indians. (Representative)New Delhi: The ED has put under its scanner suspected cases of instant loan sanction fraud via mobile apps, recently reported by…

HYDERABAD: The Directorate of Law Enforcement (ED) said on Sunday that it had registered a case of money laundering in the instant loan app fraud cases recorded by Telangana police so far . ED officials said it has taken over FIRs set…

The ED has put under its scanner the alleged fraud cases of instant loan sanction via mobile applications, recently reported from Telangana and Tamil Nadu, as part of its investigation into money laundering in a betting scam in line set at…

- Rs 10,000 will be sanctioned to a beneficiary of BPL as a loan and the same must be repaid in six equal installments - Rs 2 crore allocated for Kadapa district. But, there are 7.73 lakh white cards including new ones- The sanctioned…