The regulator has asked lenders to have a board-approved policy in place and to conduct regular audits of the system. Banks and non-bank financial companies will need to perform regular vulnerability testing of their systems to provide a secure experience for their customers. The banking regulator has asked lenders to adopt the highest security standards …

The Indian government is relying on two state-owned non-bank lenders to provide relief to struggling power utilities, which in turn were delaying payments to power producers. To break the cycle, Power Finance Corp. Ltd. and Rural Electrification Corp. Ltd. were responsible for providing nearly Rs 90,000 crore on loan to state nightclubs. The rules have …

The lenders of Reliance Communications Ltd., Reliance Infratel Ltd. and Reliance Telecom Ltd. are preparing for a lengthy court battle as they seek to classify these companies’ loan accounts as “fraud”. The consortium of lenders is set to challenge an order of the Delhi High Court dated December 28, which asked them to maintain a …

Dixons Carphone has closed 531 stores due to the lockdown // Dixons Carphone online sales make up for loss suffered by stores closed due to Covid-19 lockdown // Electricity retailer canceled its annual dividend to shareholders // Online channels saw colossal 166% sales growth Dixons Carphone said its online sales in the UK and Ireland …

Drowning in Payday Loans? These options can be useful. (iStock) Payday loans are a short term option for cash strapped consumers. But they are hardly a saving grace. With exorbitant interest rates and short repayment terms, they often incur more costs than they are worth. They can also cause a vicious cycle of debt that …

auto-title-loans

No Credit Check Signature Loans Paying off debt is the most integral step towards reaching a healthy financial status. In many cases, debt consolidation can help you make the right step in rebuilding your credit score. Signature loans are available for people with bad credit or poor credit scores because lenders in our network do not use credit …

Payday Loans

Have you ever heard of the payday loan? If not, payday loans are a great way to get the money you need to pay a bill or buy an item until your next paycheck comes in. When no one else will lend to you what do you do? You might be out on the street if you …

Get fast access to funds to meet your financial needs with online loans When individuals and business owners are denied access to loans by financial institutions, they had no other option to finance their needs. This is both discouraging and inconveniencing. But with the introduction of online loans, you can easily receive funding with convenient …

hard money lenders

Investment Information – A Guide On Hard Money Lenders Hard money loans are short-term finances funded by private lenders for individuals with interest in purchasing real estate or residential property. Since the process involved in acquiring hard money is shorter than that of traditional banks, investors use the loan to quickly acquire property for investment. …