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1 min read

IndusInd Bank and Tata Power Renewable partner to provide collateral-free solar loans to MSEs

Through this collaboration, Tata Power Renewable and IndusInd aim to ease the transition to solar e…

Business Insider Latest Story Image
2 mins read

Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor

He also highlighted one particularly concerning practice that involves the invasion of customers' p…

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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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…

Business Insider Latest Story Image
2 mins read

Real estate continues to dominate India's investment portfolios, shows FICCI report

Even for millennials, buying a house featured at the top of their priorities. 66%​ of millennials &…

Business Insider Latest Story Image
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, …

Business Insider Latest Story Image
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   


Business Insider Latest Story Image
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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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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5 mins read

Hurricane Helene devastates Asheville's small beer breweries: 'It's quite heartbreaking.'

Small breweries damaged by the hurricane are scrambling to help workers and figure out how to rebui…

Allie Kelly,Noah Sheidlower   


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2 mins read

30 million student-loan borrowers waiting for Biden's broader debt cancellation just got a lifeline in court

A Georgia judge declined to block Biden's broader student-loan forgiveness plan, instead transferri…

Ayelet Sheffey   


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3 mins read

Many of the small business owners Harris is targeting say they've never heard of a key economic proposal

Five female entrepreneurs told BI they doubted most people, especially those in rural areas, know a…

Alice Tecotzky   


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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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5 mins read

Kamala Harris' tax plan for small businesses sounds like it will cost a lot of money — it won't

The proposal may represent an opportunity for bipartisan agreement, as experts told BI that neither…

Alice Tecotzky   


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3 mins read

Small business owners could be poised for a 1990s-like boom

One economist warned entrepreneurs against letting fear of the economy guide emotional business dec…

John Towfighi   


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3 mins read

I didn't cosign my kids' student loans because I couldn't take on more debt as a single mom. I supported them in other ways.

I didn't cosign my sons' student loans because I already had a mortgage and a car loan. Instead, I …

Lisa B. Samalonis   


Business Insider Latest Story Image
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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1 min read

Paytm to focus on big ticket loans to low-risk credit-worthy customers

India's leading payments and financial services distribution company Paytm has announced its expans…

ANI   


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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