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2 mins read

8 million student-loan borrowers struggling to afford key long-term expenses could get debt cancellation through a new Biden proposal

The Education Department released its proposal to get student-debt relief to borrowers facing finan…

Ayelet Sheffey   


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2 mins read

The odds of Russia's economy collapsing are 'extremely small' and the war can go on for the long term, economist says

Russia can fight the war in Ukraine indefinitely as its economy has adapted and is now stable, an e…

Jennifer Sor   


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2 mins read

In the long run, rate cut by Fed will be favourable for most US banks: Moody's

"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …

ANI   


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7 mins read

Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…

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2 mins read

FM announces credit guarantee scheme, other measures for MSMEs

The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …

PTI   


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6 mins read

Simply Put: Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

The RBI keeps repo rates at 6.5% for the 10th time despite global rate cuts. This decision affects …

Business Insider Latest Story Image
6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

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3 mins read

A second Trump term would be 'chaos' for student loan borrowers

Trump has intensified his verbal attacks on student loan forgiveness and a recent Supreme Court rul…

Katherine Tangalakis-Lippert   


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6 mins read

Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …

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3 mins read

India poised to become world's third largest consumer market by 2026 outpacing Germany, Japan

According to recent data, India is expected to outpace Germany by 2024 and Japan by 2026, solidifyi…

ANI   


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3 mins read

Student-loan borrowers can expect more debt relief before Biden's term is up, a top White House House official says

White House chief of staff Jeff Zients told Axios that more student-loan forgiveness is coming for …

Ayelet Sheffey   


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5 mins read

Millions of student-loan borrowers are waiting for broad debt cancellation. The next president won't have any immediate answers.

Millions of student-loan borrowers were counting on debt cancellation under Biden. Then came the la…

Ayelet Sheffey   


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6 mins read

Meet the Roadmap Generation: High-achieving Zoomers are taking an aggressive, long-term approach to planning their careers

Meet the Roadmap Generation: A professional cohort of recent graduates and early-stage careerists w…

Erin Snodgrass   


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3 mins read

A $0 monthly student-loan payment could hurt some borrowers in the long term. An upcoming policy could change that.

The Philadelphia Fed found that having a $0 monthly student-loan payment helps borrowers who need i…

Ayelet Sheffey   


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1 min read

Surge in top-up housing loans not system-wide issue, says RBI Governor

Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…

PTI   


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2 mins read

Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global

Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…

ANI   


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5 mins read

Rising interest rates hitting you hard? Here’s how to ensure your home loan is paid off before retirement

You may increase your EMI to up to 40-50% of your income at the most. Prepayment should be consider…

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4 mins read

Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans

The Federal Reserve is expected to finally announce interest-rate cuts this week. Here's everything…

Madison Hoff,Ayelet Sheffey   


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2 mins read

IPO Overview : DEE Piping, Akme Fintrade, GPES Solar

IPOs of Aasan loans and DEE piping systems are debuting on the market today, and will close on 21st…

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2 mins read

A JPMorgan strategist shares the best ways to invest for the long-term

Among the biggest risks of longer-term investing is putting money in a low yielding asset. Investor…

Filip De Mott