One of the government’s student loan servicers failed to send timely billing statements to roughly 2.5 million borrowers, pushing more than 800,000 into delinquency, the Department of Education said ...

Underlining the importance of microfinance in the country’s economic development and empowerment of women, Department of Financial Services Secretary M. Nagaraju on Thursday called for introspection ...

Bank‑statement loans allow borrowers to qualify using their 12–24 months of bank statements instead of W‑2s or tax returns. They’re part of a broader category of non‑qualified mortgages that offer ...

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The DWP has provided an update regarding new powers to view benefit claimants' bank account details. A new bill is on the verge of becoming law, which includes several measures to tackle fraudulent ...

Ahmedabad: A consumer commission has ordered a private bank to pay Rs 15,000 as compensation to an account holder for not providing him with a bank statement and details of the amount to be paid for ...

Anil Ambani Group company Reliance Communications (RCOM) has informed the exchanges that IDBI Bank has declared the company’s loan account as “fraud”. In a letter dated October 29, IDBI Bank said it ...

Nairobi — The Higher Education Loans Board (HELB) has revealed that lawyers and accountants lead in student loan defaults, even as the agency pushes for new legal powers to freeze bank accounts of ...

ITAT Delhi upholds deletion of ₹1.83 crore addition on alleged bogus loans – rejects Revenue’s reliance on WhatsApp chats & search statements Delhi Tribunal dismissed Revenue’s appeal & upheld ...