IMF urges El Salvador to ditch Bitcoin as legal tender citing concerns of risks

Jan 26, 2022

Washington [US], January 26 : The International Monetary Fund on Tuesday urged El Salvador to remove Bitcoin as a legal lender citing concerns over...

RBI's proposed norm to disable phone service of loan defaulters will ease lender concerns and support growth: ICEA

May 22, 2026

The Reserve Bank of India's proposed draft framework allowing lenders to disable certain smartphone services in case of loan defaults is expected to ease...

Mortgage lender HDFC and HDFC Bank to merge

Apr 04, 2022

Mumbai (Maharashtra) [India], April 4 : India's largest private sector lender HDFC Bank will merge with mortgage lender Housing Development Finance Corporation (HDFC), the...

3 arrested for killing money lender in Telangana

Jan 11, 2021

Rangareddy (Telangana) [India], January 12 : Three men were arrested on Monday for allegedly killing a money lender in Telangana's Rangareddy district to get...

US lender Silicon Valley Bank fails after run on deposits

Mar 11, 2023

The bank's failure is the second-largest in US history, and the largest since the financial crisis of 2008, NYT said.

India overtakes China to become largest lender of Sri Lanka

Sep 18, 2022

Colombo [Sri Lanka], September 18 : With a total of USD 968 million in loans in four months of 2022, India has emerged as...