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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
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
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
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
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…
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…
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…
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 …
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
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
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
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
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…
A group challenging Biden's student-loan forgiveness in the Supreme Court this week says it's 'very clear' the relief is illegal: 'We feel very good about our case'
A day before the Supreme Court takes on student-debt relief, the Job Creators Network said it's hop…
Ayelet Sheffey
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 …
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…
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…
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
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…
Not your dad's union: America's labor movement pushed for student loan forgiveness. Next they're tackling reproductive justice and your right to quiet quit.
Secretary of Labor Marty Walsh told Insider that when the labor movement calls, the Biden administr…