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1 min read

SBI raises lending rates by 5 to 10 basis points; New loans to cost more

The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…

ANI   


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10 mins read

Ayelet Sheffey,Katherine Tangalakis-Lippert   


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3 mins read

RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…

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3 mins read

Stocks to watch out for tomorrow : Vodafone, Paytm, Hindustan Aeronautics

Both Sensex and Nifty recorded all time highs during the day's trade. HDFC, ICICI, Mahindra and Mah…

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2 mins read

Student-loan companies put up 'excessive barriers' and gave borrowers inaccurate information about debt relief, a federal consumer watchdog says

A new report from the CFPB found that student-loan companies engaged in "unfair and abusive acts" w…

Ayelet Sheffey   


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2 mins read

Effect of cyclicals: Q3 corporate earnings driven by autos & financials

Corporate India’s earnings report card for the December quarter corporate earnings a few surprises …

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4 mins read

Electrifying auto market: Planning to buy an EV, compare their price with petrol, diesel and CNG variants

Electric Vehicles (EVs) are here to take over the auto market. In the US, this growing trend is clo…

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2 mins read

RBI governor asks realty companies to stress test their books

The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…

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1 min read

US banks have loaned $1 trillion to less regulated 'shadow banks'

Debt flowing to non-depository financial entities reached $1.0024 trillion last month, representing…

Yuheng Zhan   


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4 mins read

India’s corporates in ‘wait and watch’ mode as consumption loans zoom

Large corporates are still not driving India’s credit growth as private capital expenditure is yet …

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7 mins read

The dark truth behind RBI’s crackdown on easy personal loans

The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…

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3 mins read

Have a home loan? Take a term insurance policy to guarantee peace of mind

Any individual who is looking to take on a loan needs to factor in ways to mitigate the risks that …

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2 mins read

We’d like to curtail consumption-led loans with no clear end use: RBI Dy Governor

“The loans in the under ₹50,000 segments is less than half a percent of total outstanding. The…

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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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1 min read

America's consumer-debt stress is mounting - mortgage rates top 7%, credit-card liabilities hit $1 trillion, and now auto-loan defaults are on the rise

Since the Fed hiked rates to the highest levels in 22 years, payments on mortgages, credit cards an…

Joseph Wilkins   


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3 mins read

Here is how much your EMI will go up after the recent repo rate hike

Here is how much your EMI will go up after the recent repo rate hike

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5 mins read

Retail auto sales grow 11% in September, but still below pre-Covid levels, says FADA

However, when compared to the pre-pandemic month of September 2019, sales were down 4%, FADA sai…

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4 mins read

As auto sales slip in July, dealers pin hopes on upcoming festive fervour

The Indian auto industry reported a 10% year-on-year increase in sales in July, just like the last …

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4 mins read

The auto industry overestimated EV demand this year. Now companies are scrambling.

The auto industry is running out of early EV adopters right as an economic tidal wave threatens to …

Nora Naughton,Alexa St. John   


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3 mins read

The student-loan payment restart is about to put pressure on an already-fragile economy

Student-loan payments were paused for over three years, and the economy survived without them. That…

Ayelet Sheffey