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    • Banking Central | Lessons for investors from Popular Finance scam

      Popular Finance episode is the latest in the long-running sordid saga of finance firms cheating customers. The most important lesson for investors: don’t put all your eggs in one basket.

    • Banking Central l Dear depositor, be very, very careful when you are offered extra returns

      Popular Finance, Fashion Gold, PMC, Yes AT1—the lure of higher returns, loose regulations trap gullible investors. Surprisingly, investors keep returning to such firms, ignoring repeated warnings.​

    • Banking Central | Another ‘Popular’ story goes bust in Kerala as greed traps gullible investors again

      In Kerala, firms that charge exorbitant rates from gullible but helpless borrowers are called ‘blade companies’ or ‘blade mafia’. It is fair to say Popular Finance, which duped gullible investors, was one such firm.

    • Owners of Kerala-based finance company Popular Finance held in Rs 2000 crore fraud

      Popular Finance, headquartered in Pathanamthitta district, has been engaged in the business of gold loans since 1965 and has 284 branches spread across five states.

    • Popular Finance fraud: Owners' bank accounts frozen, headquarters attached

      Bank accounts of Popular Finance's owners, Thomas Daniel and wife Prabha, have been frozen to prevent further transactions

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347