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Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…
A millennial with a doctoral degree and over $250k in student loan debt says she's been looking for a job for 4 years. She wishes she prioritized work experience over education.
A millennial said she regrets her degrees and recommends people do their homework before pursuing h…
Jacob Zinkula
RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…
Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report
Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…
PTI
Surge in top-up housing loans not system-wide issue, says RBI Governor
Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…
PTI
Banks write off loans worth ₹9.90 lakh crore in last 5 financial years
"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…
PTI
HDFC Bank shares decline over 1%, market cap erodes ₹14,434 crore
On the NSE, shares of the company went lower by 1.10 per cent to settle at Rs 1,514.35, paring …
PTI
IIFCL profit rises 44% to highest-ever of ₹1,552 crore in FY24
He said, for the first time, the profit before tax has crossed Rs 2,000 crore. During the yea…
PTI
Public sector banks asked to reassess gold loan process amid debt risk concerns
The Ministry of Finance has written to public sector banks to reassess their gold loan procedures a…
ANI
Borrowers with multiple personal loans a big risk to profitability of banks and NBFCs
Raging inflation is not just burning a hole in the pockets of consumers. It is also impairing the a…
Return ratios now even more starkly in favour of ICICI Bank compared to HDFC Bank
Shares of HDFC Bank have corrected from ₹1,661 on September 15 to ₹1,537 per share after the bank b…
IDBI Bank Q1 2023-24 profit jumps 62% to Rs 1,224 cr
Total income in the first quarter of the current fiscal rose to Rs 7,712 crore, from Rs 5,774 c…
PTI
FHA loans: Requirements, pros and cons, and how to get one
FHA loans are a popular choice for low-income and first-time homebuyers thanks to their low down pa…
Laura Grace Tarpley, CEPF,Mol…
Banks write off Rs 14.56 lakh crore NPAs in last nine financial years
Scheduled Commercial Banks (SCBs) have recovered an aggregate amount of Rs 2,04,668 crore in wr…
PTI
Getting a gold loan? Here is how to get the best interest rates
A gold loan is a secured loan where borrowers pledge their gold jewellery as collateral. It offers …
Looking for a home loan of ₹75 lakh or above? The RBI rate hike pause might not bring you relief
The Reserve Bank of India has revised the risk weights for individual housing loans, which could re…
Book value vs. market value: Knowing the difference between these two measures can help investors pick stocks
Book value and market value are ways to evaluate a company. Book value is based on its balance shee…
Ali Hussain
A tale of three banks: The outperformer, the attractive and the high-valued
India’s private sector banks have been having a dream run at the stock markets thanks to lowering d…
Adani Group repays loans worth $2.65 bn to complete prepayment programme
Adani Group has repaid loans worth USD 2.65 billion to complete a prepayment programme and improve …