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7 mins read

Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans

Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…

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7 mins read

Simply Put: Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans

Gold loans are surging in India, driven by rising gold prices and a desire for quick cash. Loans a…

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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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2 mins read

Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report

Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…

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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 …

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3 mins read

A major student-loan company is being punished for preventing over 460,000 borrowers from accessing cheaper monthly payments

The Education Department placed a second penalty on student-loan company MOHELA over failure to pro…

Ayelet Sheffey   


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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, …

Jacob Zinkula   


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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

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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2 mins read

Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato

Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…

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4 mins read

A millennial who made $170,000 secretly working two remote jobs says it helped him pay off about $50,000 in student loans

An Arizona-based millennial said secretly working a second remote job doubled his income and helped…

Jacob Zinkula   


Ayelet Sheffey   


Business Insider Latest Story Image
4 mins read

Inside the 24-hour legal whiplash that sent 30 million student-loan borrowers into limbo

In the morning, a court handed millions of student-loan borrowers a lifeline. By the evening, a dif…

Ayelet Sheffey   


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2 mins read

Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura

One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…

ANI   


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4 mins read

4 major wins for YIMBYs on election night — and one loss

Pro-housing advocates won some major new funding for affordable housing in cities and states across…

Eliza Relman   


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3 mins read

Kamala Harris wants to expand student-loan forgiveness for 10,000 doctors and nurses who agree to work in rural areas

Vice President Kamala Harris is proposing an expansion of student-loan forgiveness programs to recr…

Ayelet Sheffey,Juliana Kaplan   


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3 mins read

I got married at 25 and took a personal loan of $15,000 to pay for the wedding. I don't regret it.

The author and her high school sweetheart took out a loan to pay for their wedding. It took them fi…

Jessica Tzikas   


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2 mins read

Here’s how one can use the avalanche method to pay off lingering debts

One of the best debt payment strategies is known as the avalanche method. The process is simple. Yo…