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2 mins read

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 …

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5 mins read

One chip company's newest tactic to attract workers: Help pay off their student loans

GlobalFoundries, a New York-based chipmaker, is offering employees up to $28,500 in student debt re…

Jacob Zinkula   


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3 mins read

Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report

Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…

PTI   


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3 mins read

India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report

Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…

ANI   


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2 mins read

Telangana govt to launch farm loan waiver scheme

The loan waiver funds up to Rs one lakh will be deposited in the farmers' accounts at 4 pm on Th…

PTI   


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1 min read

IREDA's GIFT City branch to give special foreign currency loans for green projects

Indian Renewable Energy Development Agency Ltd (IREDA) has opened an office in GIFT City at Gandhin…

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2 mins read

Millions of student-loan borrowers are losing a key debt relief program in 30 days

The on-ramp period for student-loan borrowers ensured any missed payments weren't reported to credi…

Ayelet Sheffey   


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2 mins read

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   


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3 mins read

Student-loan borrowers keep getting more signals of a rocky repayment road ahead

A recent GAO report found just over half of student-loan borrowers are current on payments. Changes…

Ayelet Sheffey   


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2 mins read

Millions of student-loan borrowers are about to lose a key safeguard that'll put their credit scores and debt relief at risk

The on-ramp period for student-loan borrowers is ending this month, meaning missed payments will no…

Ayelet Sheffey   


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3 mins read

The office market is in trouble. Lower interest rates might not be enough to save it.

Lower interest rates on office loans might not be enough to convince banks to keep lending to offic…

Kelly Cloonan   


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2 mins read

Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages

The corporate affairs ministry is probing various Chinese companies, especially those with links to…

PTI   


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3 mins read

Student-loan companies that don't do their jobs should be fired, Elizabeth Warren says. Her next target is one that manages 8 million borrowers.

After Navient was banned from federal student-loan servicing, Elizabeth Warren told BI it's a warni…

Ayelet Sheffey   


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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 …

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4 mins read

America's offices are about to see a wave of distress that could result in a billion square feet of fresh housing supply

Empty offices could yield more than a billion square feet worth of housing supply, real estate expe…

Jennifer Sor   


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3 mins read

The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects

The SBA is increasing its maximum loan amount for climate-focused projects as part of the green len…

John Towfighi   


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3 mins read

Despite budget provisions, residential housing market will see sales growth, notes recent report by Knight Frank

A notable 24% expect stability, while 25% predict a potential decrease, reflecting a balanced yet c…

ANI   


Ayelet Sheffey   


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2 mins read

Student-loan borrowers can likely count on more debt cancellation if Kamala Harris wins the presidency

Kamala Harris has backed several key student-loan forgiveness efforts during her career.

Ayelet Sheffey   


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2 mins read

Centre has sanctioned Rs 21,253 crore to tackle Kerala's economic crisis, MoS for Electronics and IT reveals

Prime Minister Narendra Modi has come forward to assist Kerala in a bid to alleviate the state from…

ANI