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RBI ramps up economic support; cuts interest rates, extends loan moratorium
The RBI supplemented the interest rate cut by extending by three months the permission given to al…
PTI
Ujjivan Small Finance Bank sees shrinking interest and fee incomes due to loan moratorium this year
"Although we shall continue to accrue interest income on the outstanding portfolio including those …
PTI
COVID-19: Moody's says loan moratorium may lead to greater build-up of credit losses for banks
"Financial regulators in China, Australia, Malaysia, India and some other Asian economies have enac…
PTI
Lockdown Day 7: Banks begin loan moratorium measures, but concerns mount over job losses and pay cuts
New Delhi, Mar 31 () Seeking to ease hardships faced by people during the ongoing lockdown, severa…
PTI
EXCLUSIVE: M&M Financial Managing Director gets candid about the rights issue, the bleak prospects for this year and why there should be no more loan moratorium
M&M Financial Services, a non-banking finance company with a market capitalisation of ₹15,000 c…
RBI bars public and cooperative banks from doling of dividends for a second time — adds to the three-year drought of payouts
The Reserve Bank of India (RBI) announced that public sector banks and cooperative banks would not …
RBI approves panel of three independent directors to run Lakshmi Vilas Bank
The Reserve Bank of India has approved that the day-to-day affairs of Lakshmi Vilas Bank will be ru…
SBI warns customers to beware of WhatsApp calls and scam messages
India’s largest public sector bank, the State Bank of India (SBI), issued a warning to its customer…
SBI waives processing fee for car, gold and personal loans availed using YONO
To enlarge retail loans and online business, lendin g major SBI on Monday announced a 100 per cent …
The housing market is about to get a lot more expensive for millennials and Gen Z
In a matter of weeks, student loan payments will kick in for millions of young adult borrowers. It'…
Phil Rosen
Here are the top 3 reasons why Americans say they haven't bought a home in today's market
The National Association of Realtors broke down why prospective buyers haven't yet pulled the trigg…
Phil Rosen
The US economy is barreling toward a 'student loan cliff' as borrowers may soon owe $18 billion in monthly repayments, Jefferies analyst says
The US economy is barreling toward a 'student loan cliff,' with a moratorium on repayments set to e…
Zinya Salfiti
A major student-loan lender just asked a federal court to end the payment pause and return borrowers not eligible for Biden's broad relief back into repayment 'at minimum'
"The Loan Moratorium has directly harmed SoFi's federal loan refinancing business," the lender wrot…
Ayelet Sheffey
3 reasons why a major student-loan lender thinks millions of borrowers should be thrown back into repayment, with or without debt relief
SoFi filed a lawsuit to end the student-loan payment pause, saying Biden's latest extension was "un…
Ayelet Sheffey
SoFi drops 10% as Biden's extended student loan payment moratorium forces the company to lower earnings guidance
SoFi expects that a number of factors including the impending fall midterm elections will precipita…
Matthew Fox
Tell us what you would do if $10,000 of your federal student loans was forgiven
Why, or why not, should President Biden cancel student loans? And what would you do if the governme…
Lauren Frias,Kristie-Valerie …
Time to buy banks? Morgan Stanley says yes as banks are entering 2nd leg of earnings upgrades
The theory of a post-Covid capex boom is gaining favour with analysts and financial institutions. T…
Two CRPF men, three injured after terrorist attack in Jammu and Kashmir's Pulwama district
Two CRPF men were killed and three others injured after terrorists attacked a road opening party of…
First-ever virtual G20 Leaders Summit to be chaired by Saudi King Salman Bin Abdulaziz Al Saud
The 2020 G20 Leaders Summit will be held virtually on November 21 22 and will be chaired by the Sau…
206 people sent Insider letters addressed to the President about student loan forgiveness. Here are 9 of our favorite.
Buying a home, saving for retirement, living a debt-free life. Readers wrote letters to President B…