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1 min read

IndusInd Bank and Tata Power Renewable partner to provide collateral-free solar loans to MSEs

Through this collaboration, Tata Power Renewable and IndusInd aim to ease the transition to solar e…

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3 mins read

Maldives President Muizzu thanks India for economic support, affirms hope of signing FTA

Maldives President Mohamed Muizzu thanked India for its support to the island nation in easing its …

ANI   


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5 mins read

I moved to the US from India and took out a $59K loan to follow my dream of landing a job in Big Tech. My risk paid off.

A millennial software engineer in India took out a $59,000 loan to study in the US, and landed a jo…

Ella Hopkins   


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3 mins read

Credit score improvement requires strict discipline but it is possible – Here’s how to go about it

Having a healthy credit score of 750 and above comes in handy when you apply for a loan, especially…

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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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1 min read

RBI doubles bullet repayment gold loan limits for urban co-op banks to Rs 4 lakh

The Reserve Bank of India on Friday announced doubling the lending limits for gold loans under the …

PTI   


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2 mins read

Speedy, small loan market sees Muthoot Microfin make an entry

The loan amount can range between ₹10,000 to ₹30,000. The entire loan process, including disburseme…

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6 mins read

Opinion: Driving India's Freight Revolution—Here's how the path to zero-emission trucking in the country looks like

India takes a big step towards green transport with the PM E-DRIVE scheme. The scheme supports the …

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2 mins read

Byjus proposes sale of overseas units to repay $ 1.2 billion loan

Byju's hopes to garner between USD 800 million to USD 1 billion from the sale of Epic, the US-b…

PTI   


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2 mins read

Vedanta Resources repays USD 250 million in loans

Mining mogul Anil Agarwal-led Vedanta Resources Ltd (VRL) has repaid USD 250 million in loans that …

PTI   


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2 mins read

Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley

Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…

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2 mins read

Retail credit continues to boom, but delinquencies need better monitoring, says TransUnion CIBIL

​​India's retail credit market has continued to experience sustained growth in the second quarter o…

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2 mins read

Google for India – Sachet loans to credit on UPI, tech giant bets on lending

Search giant Google has made several major announcements for India at their annual Google for India…

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4 mins read

A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India

Joel Lambdin, 49, said his student-loan forgiveness wasn't a "jump for joy" situation but rather, a…

Ayelet Sheffey   


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1 min read

IIFL Finance emerges as second largest gold loan NBFC

The market leader in gold loans is Muthoot Finance with an AUM of Rs 66,089 crore, as of Sept…

PTI   


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3 mins read

Getting a gold loan? Here is how to get the best interest rates

A gold loan is a secured loan where borrowers pledge their gold jewellery as collateral. It offers …

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2 mins read

Banks must allow retail borrowers to switch between fixed and floating rates: RBI

Reserve Bank of India on Friday said regulated entities (REs) have the freedom and they must offer …

ANI   


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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

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…

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3 mins read

Borrowers with multiple personal loans a big risk to profitability of banks and NBFCs

Raging inflation is not just burning a hole in the pockets of consumers. It is also impairing the a…