On Shibu Soren's 82nd birthday, CM Hemant Soren interacted with GSCC beneficiaries, launched a new dashboard & AI chatbot, and urged youth to pursue higher education for Jharkhand's development.
Mahayuti alliance unveils BMC election manifesto, promising interest-free loans for women, concessions in BEST buses, and a 24-hour health scheme. Key promises ahead of Feb 21 polls.
The US Education Department is restarting wage garnishment for federal student loan defaulters, ending pandemic relief. Borrowers risk losing 15% of income. Know your rights and options.
India's smartphone financing sector contracts as RBI debates remote-locking rules. Outstanding loans fall to ₹22,279 crore. Will new policy balance lender risk with digital inclusion?
Ludhiana Improvement Trust grapples with a severe financial crunch as over Rs 64 crore in interest-free loans to other departments remains unrecovered, stalling its own development works.
Fitch Ratings says enhanced RBI oversight and a robust supervisory toolkit are lowering systemic risks for Indian banks. Strong metrics and economic growth offer a positive outlook. Read the full analysis.
Delhi signs pact with RBI, ending reliance on high-cost NSSF loans. From Jan 9, capital expenditure to be funded via market borrowings at ~7%, ushering fiscal prudence.
Delhi government signs a historic MoU with RBI for financial reforms. Funds to focus on Yamuna rejuvenation, water supply, and infrastructure. A new era of fiscal discipline begins.
Karnataka's PMFME rural food units face loan rejection due to missing KSPCB certificates. Minister seeks exemption to save 5000 units and 50000 jobs. Read the full story.
Analysis reveals state capital expenditure doubled to Rs 8.4 trillion in 5 years, driven by central loans & borrowing flexibility. The 16th Finance Commission's recommendations will be crucial for future spending space. Read more.
India plans a new financing scheme to lower borrowing costs for private electric bus operators through Sidbi and Nabard, addressing high capital costs after lender caution from the BluSmart collapse.
Bandhan Bank reports 10% YoY loan growth and 11.1% deposit rise for Q3 FY26. Retail deposits surge, but CASA ratio contracts. Read the full business update.
Maharashtra government announces stamp duty waiver on agricultural loan documents up to Rs 2 lakh from Jan 1, 2026. Aims to ease financial burden on lakhs of farmers. Read more.
Indian banks' credit growth outstripped deposit mobilisation in 2025, pushing the incremental CD ratio to 102%. Explore the funding pressures and market implications.
Goa CM Pramod Sawant reviewed progress of Rs 512.9 cr central-funded infrastructure works. He directed departments to expedite projects and ensure benefits reach people quickly. Read more.
Gold loans in India surge 125% YoY, contributing 12% of new bank credit. Discover how rising gold prices and a shift to secured lending are reshaping the banking sector's portfolio.
A viral social media post targeting the all-Indian leadership of State Bank of Texas ignites controversy. Discover the facts behind the bank's founding and the response from the community.
RBI's Financial Stability Report highlights India's robust 8.2% GDP growth & strong banks, but flags risks from unsecured lending, fintech, and stablecoins to monetary sovereignty. Read key insights.
RBI data reveals a shift in Indian household debt, with over 55% now for retail consumption. Household debt-to-GDP hits 41.3%, but savings improve. Explore the full financial stability report.
A new study shows an 87% success rate for discharging student loans via bankruptcy, debunking a persistent myth. Learn how policy changes have made this path more accessible for millions of borrowers.
RBI reports gross NPA ratio of banks fell to 2.1% by Sept 2025, a multi-decade low. Strong recoveries and upgrades drove 42.8% of the improvement. Read the full analysis.
India's Unified Lending Interface (ULI) sees rapid growth with 64 lenders onboarded and over ₹65,000 crore in loans facilitated, revolutionizing digital credit access for MSMEs and farmers.
Learn how to safeguard your finances by checking for unauthorized loans linked to your PAN card. Follow our 5-step guide using credit reports, fintech apps, and DigiLocker to prevent identity theft and protect your credit score.
The Trump administration will resume aggressive collection on defaulted federal student loans, including wage garnishment, starting January 2024, ending pandemic-era protections. Millions of borrowers are affected.
India's revamped rural jobs scheme increases states' funding share, likely raising borrowings by ₹30,000-40,000 crore and pushing bond yields higher. Market experts warn of wider spreads and fiscal strain.
Prayagraj's youth are driving a startup boom! Over 7,300 applications worth ₹35.7 crore received under the CM's Youth Entrepreneur Scheme. Discover how loans up to ₹5 lakh are fueling local businesses.
The Trump administration will restart wage garnishment for defaulted federal student loans from January 7, 2025, ending the pandemic-era pause. Millions remain in default.
Public sector banks are reclaiming market share from private lenders in personal, home, and auto loans, driven by aggressive strategies and improved asset quality. Discover the key drivers behind this shift.
India's net household savings plunge to a 48-year low as post-pandemic borrowing for consumption surges. The middle class is trapped in high-cost debt. Read the full analysis.
Dharwad Zilla Panchayat CEO Bhuvanesh Patil directs banks to ensure timely credit for agriculture, SHGs, and youth. Review of loan disbursement and CSR plans discussed.