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9 mins read

What is a bond? How to earn a steady stream of income by loaning money to a business or government

Bonds represent the ownership of debt and allow individuals to diversify their portfolios while mit…

Amena Saad   


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3 mins read

Rising corporate bankruptcies and debt defaults are another headwind for the economy, experts warn

Bankruptcies and debt defaults are still rising and will peak sometime over the next two quarters, …

Jennifer Sor   


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3 mins read

India Shelter Finance IPO subscribed 1.48x times on day 1 Q

Affordable housing company India Shelter Finance Corporation’s IPO was subscribed to 1.48 times the…

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1 min read

HDFC raises home loan interest rate by 50 basis points

The rate revision by the lender comes a day after the Reserve Bank of India raised the key lending …

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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

Goa partners with World Bank to tackle sea level rise, coastal erosion and other climate change-related hazards

Studies have shown that about 80% of the Goan population lives in low-lying coastal areas, making i…

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3 mins read

Jeremy Grantham, Jeffrey Gundlach, and other market veterans predict pain for stocks — and see a recession ahead

The S&P 500 may be trading at record highs, but several top investors and economists are still warn…

Theron Mohamed   


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3 mins read

Be prepared to pay higher EMIs: No room for loan tenor increase after RBI’s latest rate hike

Moreso because those borrowers who have been avoiding a bigger EMI in lieu of an extended …

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2 mins read

No EMI payments for home, car, and corporate and other loans for 3 months says RBI

The 3-month moratorium implies that the collective interest of those 3-months — the equated mo…

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3 mins read

Rolex Rings’ IPO to help company focus on growth and come out of corporate debt restructuring

Automotive components manufacturer Rolex Rings’ initial public offering (IPO) has opened and the co…

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2 mins read

Digital gold loan company Indiagold raises $12 million from PayU and others

Indiagold, a fintech startup that offers gold loans, has raised $12 million funding to scale its bu…

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1 min read

Adani Group looks to raise $750 mn via syndicated loans from five European banks

The Adani Group is looking to raise $ 750-800 million through syndicated loans from five European b…

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2 mins read

REIT-like structures, loans against GST filings can help solve MSME fundraising problems: Assocham

The micro, small and medium enterprises (MSME) sector has played a meaningful role in India’s growt…

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3 mins read

These are the 2 House Democrats who voted with Republicans to overturn Biden's student-loan forgiveness

Reps. Jared Golden and Marie Gluesenkamp Perez joined the GOP in passing a bill on Wednesday to blo…

Ayelet Sheffey   


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5 mins read

Bajaj Finance’s strong digital move made it bigger than home loans giant HDFC

Pune-based financial services company, Bajaj Finance, has now become the eighth largest company in …

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3 mins read

Adani Energy Solutions attains financial closure for its $1 bn green loan facility from 9 banks

Adani Energy Solutions Limited (AESL) on Monday announced the financial closure for its $1 billion …

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3 mins read

It’s time to shift to fixed home loan rates, say experts after third rate hike in 4 months

Home loan EMIs are all set to rise once again as the Reserve Bank of India (RBI) increased the key …

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2 mins read

Trump's stimulus created an incentive for your boss to pay up to $5,250 of your student loans annually

CEOs say corporate America should take part in the tax benefit for employers that help pay off stud…

Ayelet Sheffey   


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2 mins read

What if Kotak Mahindra Bank acquires IDBI Bank, asks Nomura

Life Insurance Corporation of India along with the government are looking to divest 60.72% in IDBI …

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6 mins read

CDOs: Complex securities backed by loans and other fixed-income assets

Collateralized debt obligations are structured-credit securities that derive their value from pools…

Rebecca Baldridge