Indiabulls-owned Dhani app faces allegations of fake loans via stolen PAN details
Fraudsters allegedly used the permanent account number (PAN) details of people to avail instant loans from the Dhani app.
Fraudsters allegedly used the permanent account number (PAN) details of people to avail instant loans from the Dhani app.
Uncertainty over its merger with Lakshmi Vilas Bank and allegations of impropriety against promoters saw Indiabulls Housing Finance stock tank big time.
There is growing consensus that the current NBFC model has run its course. Will allowing some of them to become banks help?