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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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3 mins read

RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…

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2 mins read

Nifty, Sensex trade flat dragged by financial stocks

Equity benchmark indices, the Nifty and the Sensex declined in early trade on Friday but recovered …

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12 mins read

Donald Trump is running for president for the third time. Here's the lowdown on his personal life, career, and politics.

Donald Trump was born June 14, 1946, in Queens. Learn more about his family, real estate business, …

Alice Tecotzky   


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2 mins read

RBI to come up with unified regulatory framework on connected lending

The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…

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2 mins read

Higher risk weight on unsecured bank loans credit positive: Moody's

Higher risk weight on unsecured bank loans credit positive: Moody's. The RBI's decision to tighten …

PTI   


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2 mins read

RBI mandates banks to set up committees for inspection of fraud cases after the SC ruling

As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed …

ANI   


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10 mins read

Ayelet Sheffey,Katherine Tang…   


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4 mins read

Student-loan borrowers are entering a new 'Wild West' where any form of debt relief is much less certain

The Supreme Court struck down the Chevron doctrine, inviting uncertainty over the fate of federal r…

Ayelet Sheffey   


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3 mins read

Student-loan forgiveness through Biden's new repayment plan faces another lawsuit from 7 GOP states

Missouri's attorney general led a new lawsuit to block student-loan repayment through the SAVE plan…

Ayelet Sheffey   


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5 mins read

Here why it’s best to stay away from these loans than fall into debt trap

Do you like having high-end phones, expensive gadgets and feel good about it among the crowd even i…

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2 mins read

Biden's new student-loan forgiveness plan has already received over 24,000 comments. There are 2 weeks left to give the administration input.

The Education Department plans to begin implementing Biden's new student-debt cancellation plan thi…

Ayelet Sheffey   


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2 mins read

Democrats vow to keep fighting for student-loan forgiveness as they slam 'cruel' Supreme Court ruling striking down Biden's plan

Senate Majority Leader Chuck Schumer called the decision by the "the MAGA Republican-controlled" hi…

Eliza Relman,Ayelet Sheffey,N…   


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1 min read

GST Council likely to levy 18% tax rate on corporate guarantees for loans

The GST Council is likely to introduce an 18 per cent tax rate on corporate guarantees extended by …

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5 mins read

Student-loan borrowers' biggest defender in the government is in jeopardy

The Supreme Court is about to take on a case challenging the funding structure of the CFPB. The sta…

Ayelet Sheffey   


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3 mins read

Should you buy the iPhone 15 on EMI?

People queuing up at the Apple Store all night to buy the latest iPhone, reminds one of the marketi…

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4 mins read

How corporate PAC money could end up in the personal coffers of Sens. JD Vance and Markwayne Mullin

Sens. JD Vance and Markwayne Mullin are repaying debts that their campaigns owe them while acceptin…

Bryan Metzger   


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6 mins read

Travis Kelce: Super Bowl legend, Taylor Swift's boyfriend, and … personal finance guru?

A commercial featuring Kansas City Chiefs tight end Travis Kelce wants to sell you a new financial …

Emily Stewart   


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2 mins read

Banks must allow retail borrowers to switch between fixed and floating rates: RBI

Reserve Bank of India on Friday said regulated entities (REs) have the freedom and they must offer …

ANI