Tue, December 24, 2024

[ Tue, Dec 24th 2024 ]: Investopedia

Best Credit Counseling Services for December 2024

[ Tue, Dec 24th 2024 ]: AOL

8 tips for using gas credit cards wisely

[ Tue, Dec 24th 2024 ]: CarDekho

Nissan, Honda, And Mitsubishi Set To Join Forces, Will Merge By 2025

[ Tue, Dec 24th 2024 ]: Outlookindia

Shenson Joseph: Pioneering Artificial Intelligence And Quantum Computing Research

[ Tue, Dec 24th 2024 ]: manilatimes

Thailand Shines at ACES Awards 2024: Celebrating .. Sustainability, and Innovation Across Industries

[ Tue, Dec 24th 2024 ]: devdiscourse

IFC and NDR InvIT Launch India's First Sustainability-Linked Bond for Warehousing Sector

[ Tue, Dec 24th 2024 ]: CoinTelegraph

Amnis Finance becomes top LSD protocol on Aptos with 350,000 stakers

[ Tue, Dec 24th 2024 ]: Reuters

Ford, GM donate $1 million and contribute vehicles to Trump's inauguration

[ Tue, Dec 24th 2024 ]: Mint

Musk and Trump Could Delete Consumer Protections

[ Tue, Dec 24th 2024 ]: Forbes

How To Solve Data Collection Challenges For Your Business's AI Needs

[ Tue, Dec 24th 2024 ]: MSN

My husband and I bought a storage-unit business. .. difficult, but it pays for my daughter's college.
Thu, December 19, 2024

[ Thu, Dec 19th 2024 ]: tbsnews

Islamic Trade Finance to provide $2.45b loan for oil, gas, fertiliser imports in FY26

[ Thu, Dec 19th 2024 ]: bnnbloomberg

Here's What Fueled Japan's Finance-Led Stock Gain in 2024

[ Thu, Dec 19th 2024 ]: businesslive.co.za

THE FINANCE GHOST: Property sneaks the win in a close finish

[ Thu, Dec 19th 2024 ]: The Royal Gazette

Opposition calls foul on contrasting fiscal assessments

[ Thu, Dec 19th 2024 ]: Jakarta Globe

Bahlil Blames Aggressive Tax Rules for Low Oil and Gas Exploration

[ Thu, Dec 19th 2024 ]: Fox Business

Will a government shutdown impact the stock market? Experts weigh in

[ Thu, Dec 19th 2024 ]: Variety

Music Industry Moves: Avex USA Names Ryusuke Kamada CFO

[ Thu, Dec 19th 2024 ]: Business Insider

Best No-Penalty CD Rates for December 2024: Savings Growth with Flexibility

[ Thu, Dec 19th 2024 ]: fingerlakes1

Does Your Company Need a Corporate Cryptocurrency Account: Pros and Cons

[ Thu, Dec 19th 2024 ]: Raleigh News & Observer

American College of Education Announces Launch of Redesigned MBA Program

[ Thu, Dec 19th 2024 ]: CBS News

How to get a low student loan rate for the spring 2025 semester

[ Thu, Dec 19th 2024 ]: Pensions&Investments

Private credit looks to consumers, infrastructure for next stage

[ Thu, Dec 19th 2024 ]: devdiscourse

Global Insurers Join Forces with IFC to Create Jobs, Drive Growth, and Enhance Sustainability

[ Thu, Dec 19th 2024 ]: Forbes

How Overseas Conflicts Impact Trade Finance

[ Thu, Dec 19th 2024 ]: inc42

Blinkit Ropes In Former Flipkart Executive As CFO

[ Thu, Dec 19th 2024 ]: The Motley Fool

Is Advanced Micro Devices Stock Heading for $200 in 2025?

[ Thu, Dec 19th 2024 ]: The Straits Times

Acra to restore Bizfile search function; restrict access to full NRIC numbers to paying users

[ Thu, Dec 19th 2024 ]: Business Times

Acra to remove NRIC numbers from Bizfile portal search, government apologises for lapse

[ Thu, Dec 19th 2024 ]: IMD business school

Time to go green? Process vs outcome - and what bonds are best for you

[ Thu, Dec 19th 2024 ]: MSN

RLI Rises 17.9% in 6 Months: Can the Stock Retain the Bull Run?

[ Thu, Dec 19th 2024 ]: Business Line

Veefin Group raises ?136 cr for product developme .. acquisitions; aims a further ?155 cr by Jan 2025

[ Thu, Dec 19th 2024 ]: Channel NewsAsia Singapore

'We are very sorry': Josephine Teo apologises for confusion, anxiety over NRIC unmasking saga

[ Thu, Dec 19th 2024 ]: Sussex Express

Hastings-based Social Enterprise Let's Do Busines .. working with VCSE organisations in Herefordshire

[ Thu, Dec 19th 2024 ]: India Today

How business schools shape future leaders in sustainability and innovation

[ Thu, Dec 19th 2024 ]: The New York Times

Where Does a 'Remarkable' U.S. Economy Go From Here?

[ Thu, Dec 19th 2024 ]: Business Standard

Laxmi India Finance files draft papers with Sebi to raise funds via IPO

[ Thu, Dec 19th 2024 ]: AOL

When's the best time to shop for car insurance? (Hint: It could be right now)

[ Thu, Dec 19th 2024 ]: Tuko

List of Kenya Commercial Banks That'll Close Shop, Merge after Ruto Signed New Law

[ Thu, Dec 19th 2024 ]: The Financial Express

NBFC loans: Balancing growth and risk in a changing landscape

[ Thu, Dec 19th 2024 ]: Exchange 4 Media

SEBI cracks down on finfluencer with Rs 9.5 cr refund and ban

[ Thu, Dec 19th 2024 ]: Arabian Business

ADIO and EXIM forge MoU to boost US-UAE trade in key sectors

[ Thu, Dec 19th 2024 ]: Finance & Commerce

AIA: Architecture billings stable, inquires rising

[ Thu, Dec 19th 2024 ]: Fortune

Motown: What's going on?

[ Thu, Dec 19th 2024 ]: Yahoo Finance

Kering Eyewear Celebrates Decade of Innovation With Harvard Case Study and Commemorative Book

[ Thu, Dec 19th 2024 ]: Reuters

European car sales fall in November, led by France and Italy, ACEA says

[ Thu, Dec 19th 2024 ]: Seeking Alpha

The Final Stretch? Canoo Is Running Out Of Time And Options

[ Thu, Dec 19th 2024 ]: The Irish Times

Mergers and acquisitions trajectory looks set to continue upwards in 2025

New Bill proposes jail, stiff fine for unregulated lending

Proposed BULA Bill aims to ban unregulated lending activities, with penalties including jail terms and fines up to ₹1 crore.
The Indian government has introduced a new bill aimed at regulating digital lending practices by proposing amendments to the Chit Funds Act, 1982, and the Banning of Unregulated Deposit Schemes Act, 2019. This legislative move seeks to classify unregulated lending as a cognizable and non-bailable offence, thereby enhancing the legal framework to curb fraudulent digital lending activities. The bill addresses the growing concerns over the exploitation of borrowers by unregulated digital lending apps, which often charge exorbitant interest rates and use coercive recovery methods. By making these offences cognizable, law enforcement agencies will have the authority to arrest without a warrant, and the non-bailable aspect means that bail will not be a matter of right, aiming to deter potential offenders and protect consumers from predatory lending practices.

Read the Full Business Line Article at:
[ https://www.thehindubusinessline.com/economy/govt-proposes-fresh-bill-to-treat-unregulated-lending-as-cognizable-and-non-bailable-offence/article69004733.ece ]