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1 min read

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   


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2 mins read

Wayanad Landslide: Kerala Bank waives loans for disaster victims at Chooralmala Branch

In the wake of the landslide disaster at Mundakkai in Wayanad district of Kerala that took place on…

ANI   


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2 mins read

ADB approves $240.5 million loan for rooftop solar systems in India

The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar …

ANI   


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2 mins read

Google has removed 2,500 fraudulent loan apps from its Play Store, says FM

The matter is also regularly discussed and monitored in the meetings of the Financial Stability…

PTI   


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37 mins read

Hidden investors took over Corizon Health, a leading prison healthcare company. Then they deployed the Texas Two-Step.

Corizon Health, facing mounting debt, executed a controversial bankruptcy maneuver. Hundreds of pri…

Nicole Einbinder,Dakin Campbe…   


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1 min read

Paytm’s pioneership in payments strengthens with over 5 million device deployments

The company has achieved another milestone in its devices business, further strengthening its of…

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2 mins read

Device deployment hits 1 million for two straight quarters: How Paytm Soundbox is fuelling growth

Paytm has further strengthened their leadership in offline payments with a cumulative deployment…

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2 mins read

Paytm reports an increase of over 21% in average loan ticket size

Vijay Shekhar Sharma-led Paytm today revealed that its average loan ticket size has surged by over …

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3 mins read

CBI books telecom company GTL for diverting ₹4,760 crore loan availed from IDBI Bank, others

According to the FIR, the company allegedly diverted or siphoned off a majority of the loan amou…

PTI   


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2 mins read

47,000 service members will finally get the student loan debt relief they've been promised for years

The Federal Student Aid office said it's waiving interest on student loans held by former and activ…

Ayelet Sheffey   


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2 mins read

Just a third of the money from the government's massive Payroll Protection Program actually helped keep workers employed, study says

The program was "highly regressive," researchers said. Of the $510 billion in initial PPP loans, $3…

Ben Winck   


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2 mins read

A student-loan forgiveness program for public-service workers has a 98% denial rate. 56 Democrats say it's time for Biden to fix it.

Biden's campaign promised he'd see to it that the Public Service Loan Forgiveness program was "fixe…

Ayelet Sheffey   


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1 min read

Amazon-backed Capital Float plans to go big in the buy now, pay later segment; raises $50 million

Amazon-backed Capital Float has raised $50 million in the latest funding round to strengthen its bu…

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3 mins read

Ayelet Sheffey   


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2 mins read

NASA set to deploy its mini helicopter Ingenuity on Mars

In a first, the Perseverance rover on Mars is set to deploy a mini-helicopter named Ingenuity that …

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2 mins read

Revenue-based financing startup Klub raises $20 million in seed round

Klub, a fintech startup that provides revenue-based financing, has raised a seed funding of $20 mil…

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2 mins read

Google says it has removed several loan apps in India after RBI takes steps to curb fraud in digital lending

Tech giant Google today said that it has reviewed hundreds of loan apps in India and has also remov…

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2 mins read

2 senators launch bipartisan effort to ease student-loan forgiveness for service members

If you're a service member and you defer student loans while deployed, the government still extends…

Ayelet Sheffey   


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7 mins read

FAQs about RBI’s three-month deferment on EMIs answered by the Indian Banks Association

A statement by the Indian Banks Association, answers all the frequently asked questions that yo…

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5 mins read

Juliana Kaplan