5 reasons for rejection of EPF withdrawal claim…

In March, the Employees' Provident Fund Organisation (EPFO) announced that members can withdraw money from their EPF corpus to tide over financial emergencies caused due to the coronavirus-induced lockdown. Since then lakhs of people have…

Banks avoid NBFC lending, take 50% of RBI’s…

Small non-banking finance companies continued to be shunned by banks, which availed only half of the Rs 25,000-crore refinance offered by the RBI for lending to NBFCs. This was despite the RBI’s attempt to improve…