
Instant Loan Could Become a Trap: How to Identify Fake Loan Apps Before Borrowing

Instant Loan Could Become a Trap: How to Identify Fake Loan Apps Before Borrowing

Bank Hiked Home Loan Interest Rate From 12% to 16.5% Without Notice, Ordered to Refund Rs 12.91 Lakh

image of an Indian bank customer using a smartphone while discussing RBI's new borrower protection rules with a bank representative, highlighting safe and fair loan recovery practices.

The Department of Land Resources and RBI Innovation Hub are working to connect digital land records with the lending ecosystem. The initiative aims to make farm loans faster, safer, and more transparent through Digital Public Infrastructure. Highlights The Department of Land Resources (DoLR), under the Ministry of Rural Development, has...

Cyber fraudsters often target borrowers during financial emergencies. Here are the warning signs and simple precautions to protect yourself from fake loan offers. Key Highlights New Delhi: Personal loans have become one of the quickest ways to arrange funds during emergencies such as medical expenses, education fees or unexpected household...

PPF account holders can avail a low-interest loan during a specified period, with eligibility, loan amount, and repayment governed by fixed rules. Key Highlights: New Delhi, June 28: Investors facing an emergency cash requirement can consider borrowing against their Public Provident Fund (PPF) account instead of opting for high-cost personal...

Highlights: India’s micro, small and medium enterprises (MSMEs) are set to receive a major financial boost as the government rolls out the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0. The initiative comes at a time when businesses are grappling with rising input costs and global uncertainties triggered by ongoing tensions...

Key Highlights The Reserve Bank of India has announced major reforms to loan recovery practices aimed at improving borrower protection, transparency and accountability. Under the new framework, effective October 1, 2026, banks will be allowed to appoint only those recovery agents who have completed certified training through the Indian Institute...
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