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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
Big banks are bracing for losses as Americans struggle to pay off debt
Banks are building cash reserves as more and more Americans struggle to pay off credit card, auto, …
Jacob Zinkula
Banks write off Rs 14.56 lakh crore NPAs in last nine financial years
Scheduled Commercial Banks (SCBs) have recovered an aggregate amount of Rs 2,04,668 crore in wr…
PTI
Loans worth ₹10,09,511 crores written off in last five financial years: Sitharaman
Scheduled commercial banks have written off loans amounting to Rs 10,09,511 crore in the last five …
PTI
Days before the Supreme Court takes on Biden's student-loan forgiveness, Elizabeth Warren urges it to 'do its job and apply the law as it is written'
Tuesday will be a critical day for millions of student-loan borrowers, and Democratic lawmakers are…
Ayelet Sheffey
India’s 20 state owned banks get about $5 billion back from a loan written off and they are thrilled
The amount of ₹34,250 crore ($4.61 billion) paid by Piramal will be through a combination of cas…
I got a 2.5% mortgage rate last year when everyone else was getting 6%. It's saving us $40,000 and helping pay off my medical bills for cancer treatment.
Amy Yzaguirre, who got a relatively rare type of mortgage, said it was a grueling process requiring…
Alcynna Lloyd
A Russian single mom who owed $8,560 says she was told to pay it off by joining the army
Olga, a mother of two children aged 9 and 13, said she had no intention of enlisting in the Russian…
Sophia Ankel
Over Rs 68,600 cr loans of wilful defaulters, including Choksi, Mallya firms, written off: RBI in RTI reply
Rotomac Global Private Limited has funded advances of Rs 2,850 crore which have been technically wr…
PTI
Avant review: Personal loans for people with low credit scores, but you'll pay a high interest rate
Avant is a personal loan provider that offers loans to borrowers with low credit scores. You can ge…
Ryan Wangman
I spent my 20s living life to the fullest — and when I looked up, I was $57,000 in debt. Paying it off has changed my life.
In her 20s, Carmen Perez thought living well meant constant travel she couldn't afford. When her pe…
Carmen Perez
Meet a new mom with $90,000 in student debt who's tired of 'the unfair game' of Biden's loan forgiveness: 'We need this fix'
Alexandria Mavin is counting on Biden's student-loan forgiveness to make a dent in her federal bala…
Ayelet Sheffey
The best debt consolidation loans right now
The best debt consolidation loans will help you lower your debt's interest rates, and help make you…
Liz Knueven,Ryan Wangman
Fitch Ratings says Indian banks to write off more loans
New Delhi, Dec 5 () Indian banks are likely to take significantly more loan write-offs to reduce ba…
PTI
India's bad loan problem continues to break records
The figure represents a significant jump from 2016-17 and 2015-16, when the banking sector wrote…
3 steps to start tackling huge student loans before you make a single payment
During a Master Your Money virtual event, experts recommended saving, organizing, and getting your …
Libby Kane, CFEI
Nearly 3 pc of Mudra loans turn into bad loans: Govt
New Delhi, Dec 3 () The government on Tuesday said close to 3 per cent of Rs 6.04 lakh crore worth …
PTI
How to pay back student loans: 7 tips to help you reach your debt payoff goals faster
It's possible to pay back student loans fast with some effort and creativity. Making extra payments…
Clint Proctor
Lakshmi Vilas Bank promoter believes the RBI should've called for bids from interested parties other than DBS Bank for merger
Advocating proper valuation of Lakshmi Vilas Bank (LVB), its promoter has said that Singapore-based…
Boris Johnson's anti-fraud minister resigned over the government's 'lamentable track record' in tackling COVID-19 loan fraud
Lord Agnew quit to cheers and applause in the Upper Chamber, as he told peers that 'schoolboy error…