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1 min read

Bajaj Housing Finance IPO subscribed about 67 times at the end of Day 3

The initial public offering (IPO) of Bajaj Housing Finance Limited (BHFL) was subscribed to as many…

ANI   


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2 mins read

Strengthening laws to ensure stringent punishment for crimes against women: PM Narendra Modi

Prime Minister Narendra Modi highlighted his government's focus on women's empowerment, including s…

PTI   


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3 mins read

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   


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2 mins read

Trump lender Axos plunges 15% after short-seller report flags real-estate loan risk

Hindenburg Research announced a short position in Axos Financial, a California-based lender with ri…

Filip De Mott   


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4 mins read

Tempted by a top up loan offer? Here’s why it may not be a bright idea

Several financial institutions offer a top-up on personal loans to existing borrowers who have a go…

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3 mins read

Rate hike to affect housing demand in the mid and affordable segments, say experts

The Indian housing market, which has picked up pace since the pandemic, might see a slowdown in…

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2 mins read

Troubled commercial real estate loans outstrip reserves at top US banks

The volume of delinquent commercial mortgages held by US banks soared to $24.3 billion last year, u…

Yuheng Zhan   


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3 mins read

Consumption loans take a breather in July-September 2023 period, even as delinquencies rise

India’s retail loan growth moderated in the second quarter of FY24, especially in consumption-led s…

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2 mins read

China rolls out fresh property relief measures to stem the fallout from Evergrande's meltdown

Policymakers are trying to boost support for China's real estate market. Evergrande this week was o…

Yuheng Zhan   


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3 mins read

Same sex marriages are still not legal – A look at the financial rights of LGBTQ couples

In a recent verdict, the Supreme Court refused to give legal recognition to same sex marriages and …

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2 mins read

Charlie Munger warns of stress in the US commercial property market with banks carrying a lot of bad loans as prices slump

"A lot of real estate isn't so good anymore," Berkshire investing legend Charlie Munger told the Fi…

Carla Mozée   


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2 mins read

Affordable homes a misnomer? Your home loan EMI has shot up 20% in the last 2 years

It’s one thing to buy a home and another to pay the loan installments that come with it. The real e…

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4 mins read

Home loan tax deductions: Self-occupied vs rented, the differences

Buying a home is undoubtedly one of the biggest financial commitments in one’s life. And since it i…

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3 mins read

Have a home loan? You may want to opt for the old tax regime

Home loan holders may be able to save more money on taxes under the old tax regime by claiming maxi…

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4 mins read

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…

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2 mins read

Beijing is making its biggest move yet to patch up the property crisis threatening to blow up China's economy

For the first time, Beijing may let may let banks offer unsecured short-term loans to the 50 develo…

Huileng Tan   


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2 mins read

Trump wants a 78% discount on his bond while he appeals the massive $454 million judgment against him

Donald Trump offered to post a $100 million bond as he appeals his fraud trial loss — a fract…

Jacob Shamsian   


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4 mins read

Home buying sentiment to weaken but new supply is kicking in say analysts

In the meanwhile, buoyed by the pandemic-induced demand and falling inventory, real estate d…

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1 min read

Bombay HC frowns at PNB for inaction on diamantaire Nirav Modi's loan frauds

The Bombay High Court has pulled up the Punjab National Bank (PNB) for not taking steps to recover …

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3 mins read

I borrowed $150,000 against my home to buy another property to list on Airbnb. It was worth it even though rising rates boosted my monthly costs by $140.

Many real-estate investors use HELOCs to grow their portfolios, but rising rates make them risky an…

Jordan Pandy