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Who Repays Personal Loan After the Borrower Dies? Important Guide
1 year, 3 months ago

Who Repays Personal Loan After the Borrower Dies? Important Guide

Deccan Chronicle  

An instant personal loan is a popular way that many use to bridge financial gaps, be it during weddings, medical emergencies or more. Read on to understand the course of action for instant personal loan repayment in case of a borrower’s demise. The borrower's family can use the insurance policy to repay the personal loan in the event of the …

Family Personal Insurance Loan Personal Loan Case Primary
Merely Because The Borrower Is An MSME, It Would Not Be Governed By The Arbitral Mechanism Provided Under MSMED Act: Gujarat High Court
1 year, 9 months ago

Merely Because The Borrower Is An MSME, It Would Not Be Governed By The Arbitral Mechanism Provided Under MSMED Act: Gujarat High Court

Live Law  

The Gujarat High Court has ruled that merely because the borrower is an MSME, it would not be governed by the provisions of the Micro, Small and Medium Enterprises Development Act, 2006, including the arbitral mechanism envisaged under the said Act. The bench of Justice Biren Vaishnav observed that though, as per the mechanism provided under the MSMED Act, the …

Arbitration Court Bank Loan High Respondent Mechanism
DHFL bank-fraud case: CBI arrests Ajay Ramesh Nawandar, businessman and close aide of Chhota Shakeel
2 years, 5 months ago

DHFL bank-fraud case: CBI arrests Ajay Ramesh Nawandar, businessman and close aide of Chhota Shakeel

India TV News  

Highlights CBI arrested businessman from Mumbai, alleged aide of Dawood's close associate Chhota Shakeel The arrest took place in connection with Rs 34,615-crore alleged DHFL bank-fraud case Last week, CBI recovered a large number of uber-luxury watches worth crores of rupees from accused DHFL bank-fraud case: Central Bureau of Investigation arrested businessman Ajay Ramesh Nawandar from Mumbai, an alleged aide …

Mumbai Case Crore Cbi Private Alleged Entities
HDFC raises lending rate by 5 basis points, EMI to rise for existing borrower
2 years, 7 months ago

HDFC raises lending rate by 5 basis points, EMI to rise for existing borrower

Firstpost  

Interest rates are expected to harden in the coming months as global inflationary fears have been stoked due to geopolitical tensions New Delhi: Mortgage lender HDFC Ltd on Sunday raised its benchmark lending rate by 5 basis points, a move that will increase EMI for existing borrowers. “HDFC increases its Retail Prime Lending Rate on Housing loans, on which its …

Emi Hdfc Lending Rate 5 Basis Points
HDFC Bank Credit card EMI or loan restructuring: Eligibility, charges and how to apply
4 years, 3 months ago

HDFC Bank Credit card EMI or loan restructuring: Eligibility, charges and how to apply

Live Mint  

HDFC Bank is offering a moratorium of up to two years to retail borrowers under the loan-restructuring scheme approved by the Reserve Bank of India. If you are unable to pay your credit card dues in the wake of coronavirus pandemic, the bank provides you loan recast option. Credit card EMIs and loans: Customer will have an option to restructure …

Credit Bank Loans Loan Restructuring Card Hdfc Bank
HDFC Bank unveils norms for restructuring of loans
4 years, 3 months ago

HDFC Bank unveils norms for restructuring of loans

Live Mint  

HDFC Bank Ltd on Tuesday said that retail customers seeking to restructure debt should have minimum outstanding balance of ₹25,000 in their loan accounts. In line with regulatory guidelines, the loan facility will be reported to the credit bureaus as “restructured”, the bank said. “As per the guidelines, restructuring has to be reported at a borrower level to the credit …

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