MUMBAI : Embassy Property Development Pvt. Ltd (EPDPL) is in discussions to repay a construction finance loan of ₹82 crore from HDFC Ltd after defaulting on it on 31 October. Acuite Ratings downgraded market-linked debentures of ₹2,905 crore issued by the Bengaluru-based real estate developer from BB+ to C following […]
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CFPB Sues MoneyLion for Overcharging Servicemembers and Trapping Consumers in Costly Memberships
Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) sued MoneyLion Technologies, an online lender, and 38 of its subsidiaries, for imposing illegal and excessive charges on servicemembers and their dependents. The CFPB alleges that MoneyLion violated the Military Lending Act by charging more than the legally allowable 36% […]