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2 mins read

A key student-loan forgiveness program will soon be paused. Here's what you need to know.

Student-loan company MOHELA will no longer be the sole processor of the Public Service Loan Forgive…

Ayelet Sheffey   


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4 mins read

Yacht-see! Wayne LaPierre takes witness stand as NRA corruption-trial jury views photos of luxury ships he enjoyed on vendor's dime.

NRA leader Wayne LaPierre testified a vendor's repeated loans of two motor yachts didn't have to be…

Laura Italiano   


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What is PM SVANidhi Yojana and how to apply for a street vendor loan

The government’s scheme to bring relief for street vendors under the ambit of the Atma Nirbhar pack…

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BYJU's to miss March 2023 deadline for group level profitability, results delayed again

Edtech firm BYJU's will not be able to meet its March 2023 deadline to achieve group-level profitab…

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PM SVANidhi portal may be integrated with banks to speed up sanctioning of loans

The Ministry is now planning to hold consultations with public and private sector banks later …

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Biden's top student-loan official details how he plans to fix 'confusing' and 'inconsistent' debt repayment plans that have pushed millions into default

While Federal Student Aid head Richard Cordray wants to fix student-loan servicing, many borrowers …

Ayelet Sheffey   


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3 mins read

Former IDBI GM conspired with Vijay Mallya over short term loan to Kingfisher Airlines: CBI

A senior IDBI Bank official allegedly conspired with businessman Vijay Mallya for sanction and disb…

PTI   


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Mike Lindell says vendors are bailing on his MyStore platform because they don't want to be associated with an FBI investigation

Lindell told Insider that four vendors that were going to be listed on MyStore — his version of Ama…

Cheryl Teh   


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3 mins read

CBI books telecom company GTL for diverting ₹4,760 crore loan availed from IDBI Bank, others

According to the FIR, the company allegedly diverted or siphoned off a majority of the loan amou…

PTI   


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Swiggy to onboard 36,000 street vendors as part of the PM SVANidhi scheme

The company has also created a special destination on the app where consumers can discover the…

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4 mins read

India's street vendors could soon get their own food delivery platform, says PM Modi

After his interaction with the street vendors, Modi in a televised address said, "A scheme…

PTI   


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9 million student-loan borrowers are now receiving correction emails after mistakenly being told last month they were approved for debt relief

Insider first reported that nine million student loan borrowers got emails about relief with inaccu…

Ayelet Sheffey   


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Uttar Pradesh, West Bengal account for highest number of street vendors in India: SBI economists

According to a note released a day after the government announced a Rs 5,000-crore special credit …

PTI   


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1 min read

RBI likely to allow banks to accept delayed loan repayments from customers

While, individuals mainly who are self-employed, have small businesses, have to pay towards rents …

PTI   


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4 mins read

EXCLUSIVE: Bankers may be working all 31 days of March with the government looking to double the loans doled out under the PM SVANidhi scheme

Indian government is asking bankers to work on holidays to double the loan disbursement under the …

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5 mins read

India’s auto stocks cheer after Parliamentary Panel agrees that they need more stimulus and the dealers need loans with less collateral

Indian benchmark indices remained in the grip of bulls, recording fresh highs during the trade toda…

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2 mins read

India’s central bank is moving ahead with plans to set up the country’s first public credit registry

The Reserve Bank of India (RBI) has moved a step closer to establishing the country’s first pub…

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5 mins read

Banning plastics is necessary, but here’s what that might cost India

It may be the need of the hour, but there’s a sizable economic cost attached to it as well that …

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Amazon's new service allows Indian sellers to get third party loans through the company

When applying for a loan, sellers will have a choice between different third-party lenders. The …

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1 min read

Xiaomi’s Mi Credit promises to give you a loan by the time you order and finish a cup of coffee

Xiaomi is following the same path in India as it did in China. After a successful foray into the cr…