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Student-loan borrowers are getting $100 million in payments after being 'cheated' out of lower bills by a major lender, a federal consumer watchdog says
Student-loan company Navient is barred from servicing federal loans in a settlement it reached with…
Ayelet Sheffey
Homebuyers are flocking to a type of loan that offers a lower mortgage rate. But they often require bigger down payments, and lenders don't like to give them.
There's a rare type of mortgage loan gaining popularity among buyers seeking lower rates.
Jennifer Sor
How private lenders have left millions of college students with no hope for the future
How the booming market for private loans saddled millions of students with $136 billion in debt tha…
Ayelet Sheffey
BYJU'S challenges lenders' unrealistic terms amid contract renegotiations
In a determined pursuit of a fair resolution, education technology giant BYJU'S finds itself pushin…
Aadhaar Gaining More Teeth, To Play Key Role In ‘Banking For All’
Except for the Aadhaar part.
Vodafone gets lenders' nod for Indus Towers-Bharti Infratel merger
On September 1, Vodafone Group had announced that it had agreed to proceed with the proposed mer…
Govt approves scheme for providing liquidity to non-bank lenders: RBI
Under the special liquidity scheme, the SPV will purchase the short-term papers from eligible non-b…
PTI
A crypto lender is trying to claw back bitcoin after accidentally depositing hundreds of coins into user accounts
BlockFi said on Tuesday fewer than 100 clients were credited with cryptocurrency associated with a …
Emily Graffeo
Payday lenders target communities of color. But fintechs offering small-dollar loans and flexible wages may help break the debt trap.
Fintechs offering small-dollar loans and early access to wages could help break minority communitie…
Shannen Balogh
'Deely Nuts,' 'Beefy King,' and other fake businesses reportedly got $7 million in COVID-19 PPP loans through one lender
Non-existent farms, such as "Ritter Wheat Club" and "Deely Nuts," each received the maximum loan of…
Anna Cooban
HDFC Bank has lost over $2 billion in market value after the RBI crackdown on the lender’s digital business
The share price of private-sector lenders cracked over 2% during the afternoon session after tra…
RBI hikes aggregate lending limit to Rs 50 lakh for P2P lenders
Mumbai, Dec 5 () With a view to expand peer to peer (P2P) lending platform business, the Reserve Ba…
PTI
No surprise in RBI policy decision, still exists scope for further cuts: Analysts
"From a lender's perspective, what needs to be monitored is borrower behaviour pertaining to paymen…
PTI
COVID-19: Bank of Baroda launches personal loan for existing retail borrowers
"The objective of Baroda Personal Loan COVID 19, is to provide ease to tide over the liquidity mis…
PTI
S&P says Covid-19 to hit asset quality of lenders; cuts Axis Bank, ICICI Bank outlook
It can be noted that since late 2014, with the asset quality review, the going has been difficult …
PTI
Mega-merger of PSU banks to be effective from Wednesday; 6 banks cease to exist
Commenting on the consolidation, Canara Bank MD L V Prabhakar said, "We are delighted that followin…