Who Pays The Loan After A Borrower’s Death?
How lenders can recover loan amount after a borrowers deathBanks and financial institutions have the right to initiate legal proceedings against a borrower if a loan is not paid within…
Future Retail, Future Enterprises Default On Rs 8,158 Crore Loan Repayments
Two Future Group companies have collectively defaulted on loan repayments worth Rs 8,157.97 croreTwo leading companies of the Kishore Biyani-led Future Group – Future Retail Limited (FRL) and Future Enterprises…
RBI Suggests Regulatory Framework For Microfinance Bodies
RBI has suggested a regulatory framework for microfinance institutionsTo regulate the functioning of microfinance institutions (MFIs), the Reserve Bank of India (RBI) has suggested a new regulatory framework for these…
Smart Ways To Repay Loans: Here’s How You Can Lower Your Debt Obligation
If you are confident of paying loan early, look for a lender without a prepayment clauseThere are times when you need a little extra money in life, either to build…