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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
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…
The best way to fix your credit score? Ignore it.
Credit scores and reports can be daunting to think about for consumers. For companies from Experian…
Emily Stewart
Retail trumps corporate lending as small-ticket loans see fourfold jump in past two years
Personal loans are on the rise. The month of December has seen the category in lending-verse amass …
Credit score improvement requires strict discipline but it is possible – Here’s how to go about it
Having a healthy credit score of 750 and above comes in handy when you apply for a loan, especially…
The dark truth behind RBI’s crackdown on easy personal loans
The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…
Telangana govt to launch farm loan waiver scheme
The loan waiver funds up to Rs one lakh will be deposited in the farmers' accounts at 4 pm on Th…
PTI
Thinking of getting a personal loan? Adani group might have something for you
The Adani One app, developed by Adani Digital Labs Ltd, debuted in December 2022 focusing on airpor…
Want to feel better about your finances? Do these 5 things right now!
Whether it is health, relationships or finances, each of these plays a very important role in our l…
After paying $25,000 of credit-card debt, I'm ready to make the most of my clean slate
I didn't spend money irresponsibly, but I still found myself deep in debt and paying off interest e…
Kelly Burch
The credit card crisis is worse for millennials and Gen Zers
Americans are in the midst of a credit card crisis, and nobody is being hit harder than millennials…
Cork Gaines
Americans are facing a credit card debt crisis
The US is facing a credit card debt crisis as balances and delinquencies soar.
Cork Gaines
Consumption loans take a breather in July-September 2023 period, even as delinquencies rise
India’s retail loan growth moderated in the second quarter of FY24, especially in consumption-led s…
Retail credit continues to boom, but delinquencies need better monitoring, says TransUnion CIBIL
India's retail credit market has continued to experience sustained growth in the second quarter o…
Americans are paying nearly as much interest on credit cards and other debt as they are on their mortgages
While homeowners could lock in a 3% mortgage for 30 years not long ago, other kinds of consumer deb…
Yuheng Zhan
RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth
In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…
ANI
Meet the millennials who got student-loan forgiveness and now have the freedom to save for retirement, grow their families, and consider going back to school
BI spoke to millennials who received student-loan forgiveness over the past few years due to Biden'…
Ayelet Sheffey,Katherine Tangalakis-Lippert
Best Business Credit Cards of January 2024
Our expert recommendations help you choose the best business credit cards to fit your spending styl…
Jasmin Baron,Katherine Fan,Angela Fung
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
Neck deep in debt? Here’s how some companies are helping habitual borrowers consolidate their loans
There were creditors coming home and harassing him. That’s when he came across the contact of a …