Exclusive: RBI may tighten norms for loan aggregator platforms; misleading practices under scrutiny

The Reserve Bank of India (RBI) is considering tightening rules for digital loan aggregator platforms amid rising complaints about misleading practices and incomplete disclosures, sources told Zee Business.  According to sources, several platforms are failing to provide customers with critical details, such as: The lenders offering the cheapest loans  Interest rates across options The lenders…

PPF Calculation: How much will you earn in 18 years by investing Rs 5,000, Rs 7,000, and Rs 10,000 monthly in Post Office Public Provident Fund?

PPF stands for Public Provident Fund. It is a long-term investment and savings scheme offered by the government. One of the reasons why PPF is popular among investors is, it offers a combination of safety, guaranteed returns, and tax benefits. Investments in Public Provident Fund are tax-deductible under Section 80C of the Income Tax Act,…

Assembly adopts Bill to clip powers of Chancellor in appointment of T.N. Sports University Vice-Chancellor

The Tamil Nadu Legislative Assembly on Tuesday adopted a Bill that sought to replace the powers of the Governor-Chancellor with that of the government in the appointment and removal of the Vice-Chancellor of the Tamil Nadu Physical Education and Sports University. The House adopted the Bill tabled by Deputy Chief Minister Udhayanidhi Stalin (also holding…

Here are the big stories from Karnataka today

A view of the Karnataka High Court in Bengaluru. | Photo Credit: The Hindu 1. Karnataka High Court directs Union Government to block Switzerland-based Proton Mail in India The Karnataka High Court has directed the Union Government to initiate legal proceedings under provisions of the Information Technology (IT) Act, 2000 to block Proton Mail in…