Pune-based NBFC, Poonawalla Finance Private Limited, is leaving no stone unturned to serve the 'under-served' borrowers in India.Poonawalla Finance, which has emerged as one of the country’s fastest growing Digital Lending NBFC, has crossed INR 1000 Crore AUM (Assets Under Management) in November 2019, within 8 months from its inception.Part of the Cyrus Poonawalla Group having a net worth of USD 8.4 billion, Poonawalla Finance is known for its versatility in terms of financial products for the retail segment and technology-driven lending solutions. It has distinguished itself by introducing an easier approachability to serve the financial needs of the under-served segment.Close The USP of Poonawalla Finance lies in its l approach towards quicker and hassle-free lending with Minimum Documentation, Easy Application Process, Attractive Rate of Interest and ZERO Pre-Payment Charges. Being in the NBFC space with its equity and cash-rich group, Poonawalla Finance offers significantly … [Read more...] about Poonawalla Finance’s hassle-free lending attracts more under-served borrowers
300 pound loan for bad credit
The CBI carried out searches at 13 places in Mumbai and Lonavala on Thursday after registering a case in a bank loan fraud worth Rs 568.52 crore by P&S Jewellery Limited, officials said.The CBI has booked the company and its directors --Paresh Shah, Sahil Pareh Shah, Viraj Chetan Shah -- and unidentified public servants and others under sections related to criminal conspiracy, cheating, forgery under the Indian Penal Code among others.The agency after filing the case carried out searches at 13 locations in Mumbai and Lonavala at the premises of the directors.Close It is alleged that the company had availed credit facilities worth Rs 578.5 crore from a consortium of eight banks -- Union Bank of India, State Bank of India, Bank of Baroda, Andhra Bank, Vijaya Bank, Central Bank of India, Canara Bank and Syndicate Bank. related news Delhi govt carried out drone survey in unauthorised colony: Union minister IIP growth for October falls 3.8% The company allegedly cheated the … [Read more...] about CBI books Mumbai-based P&S Jewellery for Rs 568-crore fraud, carries out searches at 13 locations
Student protests in Jawaharlal Nehru University (JNU) against hostel fee hike, are showing no signs of simmering down. On December 9, students marching towards the Rashtrapati Bhavan were reportedly baton-charged by the police. Many were detained.According to JNU Students' Union (JNUSU) president Aishe Ghosh, "Several students, including women, have been detained by police which brutally attacked the protesters, asking us to go back to campus."Students, who were seen raising slogans like "Delhi Police go back" and "Education must be free for all", said that they will not budge until their demand for a complete rollback of the hostel fee hike is met. The JNUTA, a teacher’s association, has also called a sit-in in solidarity with the student’s demands.Close The students have been protesting for over a month and have now called for boycotting of examinations till their demands are met. The Ministry of Human Resource Development (HRD) is holding parleys with the student council … [Read more...] about JNU students not alone in protesting against fee hike: Here are varsities missed by national media
The Supreme Court on January 3 agreed to hear BJP’s petition against the Calcutta High Court’s decision, which denied the saffron party clearance to hold rath yatras in West Bengal.A bench comprising Chief Justice Ranjan Gogoi and Justice SK Kaul has agreed to hear the plea and listed the matter for January 7.West Bengal BJP vice-president Jay Prakash Majumdar had challenged the December 21 order of the division bench of the Calcutta HC.Close With the issue relentlessly undergoing various levels of judicial scrutiny, let’s take a look at what has happened so far: related news Not part of Maharashtra BJP core team but won't quit party: Pankaja Munde Jharkhand Assembly Election | Will waive farm loans if Oppn alliance comes to power, says Rahul Gandhi Left parties to organise joint nationwide protest against Citizenship Bill on Dec 19 Timeline of EventsDecember 6, 2018: One day ahead of the BJP’s Rath Yatra in West Bengal, the Calcutta High Court denies … [Read more...] about Explainer: The fracas around BJP’s Rath Yatra in West Bengal
Days after the Samajwadi Party (SP) and the Bahujan Samaj Party (BSP) announced their decision to contest the Lok Sabha polls together from Uttar Pradesh, BSP satrap Mayawati, on her 63rd birthday, appealed to members and workers of both parties to forget their past differences.As the leader was greeted by SP chief Akhilesh Yadav at her residence in Lucknow on her birthday on January 15, she said, “Forget past differences and ensure the victory of all joint candidates of SP and BSP. This will be my ideal birthday gift.”The parties, which have decided to contest general elections on a 50-50 seat-sharing deal, are itching to bury the hatchet in an attempt to make a formidable alliance to beat the BJP, which had won 71 out of 80 seats in the 2014 Lok Sabha polls. While the SP had managed to win a meagre five seats, the BSP won none.Close But it won’t be easy for the bitter rivals to forget and forgive, especially after witnessing a dark past in the history of Indian … [Read more...] about Forget past differences with SP, says BSP supremo Mayawati on 63rd birthday. Easier said than done?