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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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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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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   


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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…

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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 …

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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   


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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…

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3 mins read

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…

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4 mins read

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…

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10 mins read

Ayelet Sheffey,Katherine Tang…   


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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…

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3 mins read

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…

Jennifer Sor   


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4 mins read

₹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.

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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   


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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   


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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

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…

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2 mins read

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…

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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…