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Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report
The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…
PTI
Reliance Home Finance, Reliance Power shares hit lower circuit limits
Investors continued to desert the counters after markets regulator Sebi barred the industrialist an…
PTI
Anil Ambani, Arshad Warsi- Famous names who SEBI has barred from the markets
In July this year, SEBI had barred the infamous fugitive Vijay Mallya from trading in Indian market…
The Biden administration is giving entrepreneurs a shot at loans up to $2 million for climate-focused projects
The SBA is increasing its maximum loan amount for climate-focused projects as part of the green len…
John Towfighi
Residential solar is struggling. One company's add-on is helping it hit 1 million installations.
Sunrun CEO Mary Powell said the company is focusing on a "battery-first" strategy and generating ca…
Catherine Boudreau
DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever
The CBI also explains that the Wadhawans had allegedly created lakhs of fake borrowers by randomly …
Millennials have 'phantom wealth' hidden in their homes and 401Ks — but they don't feel rich
Millennials are wealthier than boomers were at this point in their lives. Home prices and retiremen…
Katie Notopoulos
An Arkansas county doesn't want families to move. It's offering them up to $50,000 to buy a new home.
Mississippi County, Arkansas is offering new and existing residents up to $50,000 toward their drea…
Allie Kelly
Warren Buffett's company is so big it's like a mini US economy. Here's what it signals about the state of consumers.
Warren Buffett's Berkshire Hathaway owns scores of companies across a range of industries, and stro…
Theron Mohamed
A millennial woman shares how she made nearly $250k secretly working 2 jobs and why she still can't afford a home in California
Secretly working two jobs paid off a millennial's student debt, but she said her $250,000 income st…
Jacob Zinkula
Debt, equity holders approve merger of IDFC with IDFC First Bank
The board of the bank presented the result of voting on the proposal for amalgamation before the…
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 …
Google has removed 2,500 fraudulent loan apps from its Play Store, says FM
The matter is also regularly discussed and monitored in the meetings of the Financial Stability…
PTI
Here is how much your EMI will go up after the recent repo rate hike
Here is how much your EMI will go up after the recent repo rate hike
Don't be in a hurry to prepay but plan EMIs better, say experts as home loan burden set to rise
The RBI has raised interest rates by 25 basis points to 6.5%, which will make home loan borrowers' …
IIFL Finance emerges as second largest gold loan NBFC
The market leader in gold loans is Muthoot Finance with an AUM of Rs 66,089 crore, as of Sept…
PTI
India’s corporates in ‘wait and watch’ mode as consumption loans zoom
Large corporates are still not driving India’s credit growth as private capital expenditure is yet …
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…
Nivara Home Finance raises $10 million from Baring Private Equity
Bengaluru-based Nivara Home Finance raised $10 million from Baring Private Equity India in an entir…
Housing finance companies clock 15% YoY portfolio growth in Q1, but rate hikes could moderate growth for FY23, says ICRA
Housing finance companies have clocked a 15% year-on-year growth in their on-book portfolio in Q1 F…