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.
LIC Housing Finance reduces home loan rates, starting at 7.15% for high CIBIL scores. New rates reward creditworthy borrowers and make home financing more affordable. Details inside.
A CBI court in Ghaziabad sentenced Ravi Kumar Garg to jail in a bank fraud case. He pleaded guilty, repaid part of the loan, and avoided further imprisonment. Details inside.
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.
RBI releases 2026 holiday calendar. Banks across India to remain shut for 10 days in January. Check city-wise list for New Year, Republic Day, Pongal & more.
Using a car loan EMI calculator is crucial for Indian buyers. It helps plan budgets, compare loan offers, and avoid financial strain. Learn how this tool ensures a smarter car purchase.
Years after the Karuvannur cooperative bank scam surfaced, over Rs 260 crore remains locked for 30,078 depositors. Govt data reveals slow repayments hinge on loan recovery. Details inside.
Banks will be shut for up to six days next week in parts of India due to festivals and weekends. Check the full state-wise list of closures and available online services.
State Bank of India's home loan portfolio, its largest business unit, is on track to exceed ₹10 lakh crore next year, driven by strong demand and low NPAs. Discover the growth story.
Senior BRS leader T Harish Rao mortgaged his own house to secure a ₹20 lakh bank loan for a tailor's daughter pursuing Ophthalmology. Read this inspiring story of political philanthropy.
A 25-year-old food delivery rider in China saved 1.12 million yuan (₹1.3 crore) in five years through extreme discipline. Read his inspiring story of debt repayment and future business plans.
Understand the five crucial factors that determine your personal loan EMI, from credit score to tenure. Plan your borrowing wisely to manage your monthly budget effectively. Learn more.
Learn the six crucial factors that can significantly improve your chances of quick personal loan approval from banks. Tips on credit score, DTI ratio, and avoiding common mistakes.
Depositors and shareholders of Baghat Cooperative Bank staged a protest demanding action against officials for alleged lapses in loan sanctioning, causing financial distress. Read the full story.
Mangaluru Additional DC Raju K instructs banks to expedite loans under govt schemes, addresses scholarship delays & atrocity case compensation. Key decisions from district meeting.
Planning a new year refresh? Discover how IDFC FIRST Bank's FIRSTmoney instant personal loan with rates from 9.99% p.a. can fund your travel, home renovation, or skill-building plans. Apply online in minutes!
Could locking non-essential smartphone features for missed payments reduce loan defaults and expand credit access in India? Experts explore 'digital collateral' as a tool for financial inclusion.
Many US student loan borrowers pay more than needed due to lack of awareness about federal relief programs like IDR and PSLF. Learn how to reduce payments or get debt forgiven.
Learn the crucial minimum income requirements for personal loans from top banks like HDFC, SBI, Axis, and Kotak. Discover how your salary and DTI ratio impact approval chances.
Considering a loan against your credit card? This guide explains its features, eligibility criteria, interest rates, and crucial factors to consider before applying. Make an informed financial decision.
Understand the crucial factors behind your personal loan EMI calculation. Learn about interest rates, tenure, and formulas to make an informed borrowing decision and manage your finances better.
Maharashtra's power utility Mahavitaran repays a massive Rs 12,800 crore loan ahead of schedule. This financial move aims to strengthen its balance sheet and support CM Fadnavis's promise of annual electricity tariff reductions. Read more.
Tamil Nadu's new money lending rules remove collateral for loans under ₹4 lakh and up to ₹10 lakh for SHGs, aiming to empower low-income groups and women entrepreneurs. Discover how this policy change fosters financial inclusion.
Punjab National Bank slashes its Repo Linked Lending Rate (RLLR) by 25 basis points to 8.10%. Find out how this impacts your home loan EMIs and the broader banking sector.
A Canara Bank manager in Mangaluru files a police complaint, alleging a Rs 104.7 crore loss due to fraudulent loan sanctions by 15 individuals. Read the full investigation details.
Noida STF arrests 8 for Rs 100 crore bank loan fraud using fake IDs & shell companies. Gang colluded with builders & bank staff. Over 220 accounts frozen.
Facing a sudden expense? Discover how personal loan apps provide instant funds, a 100% digital process, and flexible repayment. Learn the 7 major benefits for Indian borrowers.
Yes Bank and Union Bank of India set to join NSE's Nifty Bank index, expanding it to 14 stocks. New SEBI rules trigger $670M outflows from HDFC, ICICI Bank. Read the full analysis.
A Bank of Baroda report reveals only 26% of fresh IPO equity is for capital expenditure, with most funds used for debt repayment and other purposes. Discover the key trends shaping India's booming IPO market.
Indian doctors can now access loans up to Rs 80 lakh from Bajaj Finserv to upgrade clinics, buy equipment & expand services. Quick processing & flexible repayment. Learn more.