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Kerala Money Lenders Act

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Suicide by family spurs Kerala to hunt for loan sharks

 Suicide by a debt-burdened family in Thiruvananthapuram has spurred police to launch a state-wide crackdown on money lenders, many of them unlicensed, leading to the arrest of 75 persons and......

BJP MPs lying on note ban as they are scared: Opposition

 The Opposition in Rajya Sabha on Monday took the government to task for ignoring the woes of the common man hit hard by demonetisation and attacked Bharatiya Janata Party members for only painting......

A money-lender free village in Kerala

 Villagers in Melur panchayat in Thrissur district of Kerala, would soon render a group of money-lenders, known locally as the 'blade-mafia', jobless, thanks to a pioneering scheme launched by the......

Pay up or we'll embarrass you

 Last week in Chennai, Allahabad Bank employees went to the houses of those who had defaulted on the repayment of loans to the bank and squatted in silent protest, asking for the money.Indian Bank,......

Will PNB acquire beleaguered Lakshmi Vilas Bank?

 PNB has rich experience in the integration of commercial banks. The Reserve Bank of India (RBI) is learnt to have told state-owned Punjab National Bank to get ready to take over Lakshmi Vilas Bank......

ICICI turns over BPL brand to Arcil

 ICICI Bank has sold the Rs 600-crore (Rs 6 billion) loan it had given to BPL Ltd to the Asset Reconstruction Company of India Ltd (Arcil)."The brand name of BPL Ltd, which had been pledged to ICICI......

'What expertise does DBS have to run an Indian bank?'

 'On the evening of the 17th, the RBI said the bank was put on moratorium.' 'Within an hour, the RBI said it would be merged with DBS.' 'How did DBS come to know within an hour that LVB was in......

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