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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 …
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
Rs 782.26 crore distributed to 12.72 lakh ineligible beneficiaries under KALIA scheme: CAG
The scheme was launched in December 2018 to provide financial assistance to farmers, landless agric…
PTI
As PMAY receives a massive boost in Budget 2024, how can you sign up for the affordable housing scheme?
The Union Budget 2024 significantly increased funds for PMAY, targeting affordable housing for econ…
Compound Interest Waiver Scheme applies to everyone but provides limited relief — Here’s everything you need to know
The Compound Interest Waiver Scheme was released by Indian’s Ministry of Finance on October 23. It …
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
RBI directs banks and NBFCs to comply with interest waiver scheme
The Reserve Bank of India (RBI) has notified the Centre's scheme for ex-gratia payment of differenc…
Home loans growing at a faster rate in Tier 3 and 4 districts, thanks to WFH: SBI report
A new report by SBI has revealed that thanks to WFH’s popularity, Indians are increasingly obtainin…
Home loan tax deductions: Self-occupied vs rented, the differences
Buying a home is undoubtedly one of the biggest financial commitments in one’s life. And since it i…
Meet the millennials who got student-loan forgiveness and now have the freedom to save for retirement, grow their families, and consider going back to school
BI spoke to millennials who received student-loan forgiveness over the past few years due to Biden'…
Ayelet Sheffey,Katherine Tang…
Supreme Court wants the government to give 'clear plan' on moratorium loan interest waiver by November 2 — 'Diwali is in your hands now'
The Supreme Court has set the deadline of November 2 for the ongoing case on whether or not the int…
India's Supreme Court waives compound interest on ALL loans put under moratorium due to COVID-19 pandemic
India’s apex court has ordered the waiver of interest on interest on all loans under moratorium, no…
Homebuyers are flocking to a type of loan that offers a lower mortgage rate. But they often require bigger down payments, and lenders don't like to give them.
There's a rare type of mortgage loan gaining popularity among buyers seeking lower rates.
Jennifer Sor
₹2.5 lakh crore farm loan waivers announced – half received and 80% didn't even need them
In Chhattisgarh, all the 100% eligible farmers have received the loan waiver.
Google has removed 2,500 fraudulent loan apps from its Play Store, says FM
The matter is also regularly discussed and monitored in the meetings of the Financial Stability…
PTI
DMK vows to repeal CAA if INDIA bloc is voted to power
Tamil Nadu's ruling DMK, a key constituent of the INDIA bloc, in its manifesto released on Wednesda…
PTI
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…
Supreme Court reserves verdict on extension of loan moratorium period
The Indian Supreme Court reserved its judgement on pleas regarding extension of the loan moratorium…
Supreme Court defers loan moratorium case hearing to October 13 — gives RBI and the government another week to file additional affidavits
The Supreme Court of India has granted the Reserve Bank of India (RBI) and the Central Government a…
RBI and banks caught in the crosshairs as the Supreme Court adjourns loan moratorium hearing for a second time to November 18
The bench headed by Justice Ashok Bushan has adjourned the cases to November 18. It has, however…