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Your Social Security payment could reduce significantly in May, here's why

Millions of students will receive significantly lower social security and tax refund payments starting in May

Social Security payment, IRS refunds could reduce starting May(Unsplash)
Published on Apr 22, 2025 01:47 PM IST
ByYash Nitish Bajaj

CBI arrests ex-CMD of BECIL in 58 cr corruption case

BECIL’s ex - CMD G Kuruvilla and general manager WB Prasad on grounds of alleged misconduct, omissions and commissions during the performance of their official duties, after which a court remanded them to CBI’s custody till Saturday

A high angle shot of metal handcuffs isolated on a white background
Published on Apr 18, 2025 09:24 AM IST

Bank of Maharashtra slashes retail loan rates by 25 bps after RBI cuts repo rate

The bank's repo-linked lending rate (RLLR) has now been reduced from 9.05 per cent to 8.80 per cent.

The Reserve Bank of India (RBI) on Wednesday slashed key interest rates by 25 basis points for the second time in a row to support growth facing the threat of reciprocal tariffs by the US.(Bloomberg)
Published on Apr 14, 2025 02:10 PM IST
PTI |

Balongi man booked for securing 36L car loan using fake documents

The accused identified as Manjit Singh, a native of Fatehgarh Sahib and currently residing in Balongi, was booked following the complaint of the branch manager at Punjab Gramin Bank, Balongi, who also suspected involvement of the staff of the RTO, Mohali.

Police have booked a Balongi resident for fraudulently availing a loan of <span class='webrupee'>₹</span>36 lakh for purchasing a Toyota car after submitting fake documents. (Representational image)
Published on Mar 24, 2025 09:50 AM IST
By, Mohali

Banks wrote off bad loans worth 16.35 lakh crore in last 10 years: Centre

Finance Minister Nirmala Sitharaman emphasized that such write-offs do not relieve borrowers of their liabilities.

Banks wrote off the highest amount of <span class='webrupee'>₹</span>2,36,265 crore in 2018-19 and <span class='webrupee'>₹</span>1,70,270 crore in 2023-24.(Representational image)
Updated on Mar 17, 2025 02:38 PM IST
PTI |
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