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2 mins read
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 &…
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
7 mins read
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
6 mins read
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 …
6 mins read
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
1 min read
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
6 mins read
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, …
3 mins read
Student-loan borrowers can expect more debt relief before Biden's term is up, a top White House House official says
White House chief of staff Jeff Zients told Axios that more student-loan forgiveness is coming for …
Ayelet Sheffey
7 mins read
The Housing Ice Age is thawing
The housing market's Ice Age is finally thawing, with buyers and sellers showing signs that they're…
James Rodriguez
3 mins read
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 …
2 mins read
More student-loan borrowers are taking advantage of an updated route to get rid of their debt in bankruptcy court, top Democratic senators say
Sen. Elizabeth Warren led some of her colleagues in calling on Biden's administration to bolster ou…
Ayelet Sheffey
3 mins read
Kamala Harris wants to expand student-loan forgiveness for 10,000 doctors and nurses who agree to work in rural areas
Vice President Kamala Harris is proposing an expansion of student-loan forgiveness programs to recr…
Ayelet Sheffey,Juliana Kaplan
2 mins read
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
2 mins read
8 million student-loan borrowers struggling to afford key long-term expenses could get debt cancellation through a new Biden proposal
The Education Department released its proposal to get student-debt relief to borrowers facing finan…
Ayelet Sheffey
2 mins read
No recession risk regardless of who wins the White House, says Blackstone's Steve Schwarzman
Blackstone CEO Steve Schwarzman said the US economy looks robust and both Donald Trump and Kamala H…
Theron Mohamed
3 mins read
Rate cuts might make it cheaper to buy a house, but they won't fix the US housing market's biggest problem
Lower interest rates might seem like a boon for buyers, but builders are facing a host of problems …
Filip De Mott
3 mins read
I didn't cosign my kids' student loans because I couldn't take on more debt as a single mom. I supported them in other ways.
I didn't cosign my sons' student loans because I already had a mortgage and a car loan. Instead, I …
Lisa B. Samalonis
2 mins read
60,000 student-loan borrowers in public service are getting $4.5 billion in debt cancellation while Biden's broader relief remains blocked in court
The latest student-loan forgiveness announcement brings the total number of borrowers approved for …
Ayelet Sheffey
11 mins read
Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…
Hayley Cuccinello
2 mins read
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…