illegal lending

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    Police Urged to Act Against Money Lenders Charging Excessive Rates

    Mumbai, March 4 Maharashtra Chief Minister Devendra Fadnavis said on Wednesday that strict action would be taken against licensed money lenders who charge interest rates higher than the prescribed norms, and their licenses would also be revoked.Responding to a question in the legislative...
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    Maharashtra Tightens Money Lending Laws to Combat Illegal Activities

    Mumbai, February 25 The Maharashtra government has launched a statewide crackdown on unauthorized moneylenders, and it will tighten the existing law that regulates money-lending activities in order to curb illegalities, a state minister told the legislative assembly here on Wednesday.State...
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