Pune: A special Central Bureau of Investigation (CBI) court in Pune sentenced two former officials of Central Bank Of India and a co-borrower to imprisonment ranging from two to three years in a home loan fraud case. An official disclosed this information on Sunday. The CBI stated that the special court on Saturday sentenced Nandkishor […]
Applying for a Gold Loan can be a practical solution for meeting urgent financial needs. However, many borrowers rush into the process without fully understanding how much they can borrow, the applicable interest rate, or the repayment structure. This lack of clarity may often lead to financial stress or repayment difficulties later. To avoid such […]
Yubi launches smart digital mortgage platform in UAE / AI Generated Image Dubai has welcomed a new way for people to apply for home loans with the official launch of Yubi Mortgage, a technology-powered mortgage platform. It’s the first consumer-focused offering from Yubi in the UAE and marks a major milestone in how mortgages are […]
BRUSSELS: The European Union (EU) on Friday indefinitely froze Russia’s assets in Europe to ensure that Hungary and Slovakia, both with Moscow-friendly govts, can’t prevent the billions of euros from being used to support Ukraine. Using a special procedure meant for economic emergencies, the EU blocked the assets until Russia gives up its war on […]
UAE clarifies Nafis rules affecting bank loan eligibility / Image: @centralbankuae The Central Bank of the UAE has formally clarified that Nafis payments and incentives are time-limited, conditional and cannot be relied upon as guaranteed income when assessing loan eligibility, though banks may consider them on a strict case-by-case basis under clear rules. UAE: Nafis […]
US Federal Reserve governor Lisa Cook on Tuesday rejected President Donald Trump’s announcement that he was removing her from the central bank, insisting he has no authority to do so and vowing not to resign.Donald Trump posted a letter on his Truth Social platform declaring Cook’s dismissal effective immediately, citing allegations of mortgage fraud. Cook […]
US student loan changes extend repayment terms up to 25 years. (AI Image) Millions of student loan borrowers in the US are set to face longer repayment timelines and significantly higher lifetime loan costs under a revised version of the federal Standard Repayment Plan. The redesigned plan, introduced as part of President Donald Trump’s “big […]
