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Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report
The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…
PTI
Simply Put: Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
The RBI keeps repo rates at 6.5% for the 10th time despite global rate cuts. This decision affects …
Real estate continues to dominate India's investment portfolios, shows FICCI report
Even for millennials, buying a house featured at the top of their priorities. 66% of millennials &…
Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …
Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…
Lack of funds stopping you from pursuing higher education? The government can come to rescue
The Indian government launched the PM-Vidyalaxmi scheme to provide financial assistance for higher …
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
Budget 2024-25: Govt announces loans up to ₹10 lakh for higher education in domestic institutions
Upgrading 1,000 Industrial Training Institutes (ITIs) in hub and spoke model, aligning course c…
PTI
A real-estate investor explains how he got a 2.75% mortgage amid 7% rates
Shopping at different banks and mortgage brokers won't yield much difference in rates. So Michael t…
Laila Maidan
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…
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
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
New centrally-sponsored scheme to skill 20 lakh youth over 5 years
The minister said that model skilling loan scheme will be revised to facilitate loans up to Rs …
PTI
HDFC bank sees muted quarterly business; share drops 4.15% during trade today
Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…
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
Billionaire broker Nikhil Kamath buys home, leaves internet debating on renting vs. owning a house
Kamath, who has a net worth of $3.1 billion, acknowledged that a lack of control over one's living …
Four ways to reduce interest rate on your home loan
Buying a home is one of the biggest financial goals one has and since a home loan is a commitment f…
DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever
The CBI also explains that the Wadhawans had allegedly created lakhs of fake borrowers by randomly …
Reliance Home Finance, Reliance Power shares hit lower circuit limits
Investors continued to desert the counters after markets regulator Sebi barred the industrialist an…