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8 million student-loan borrowers enrolled in Biden's new repayment plan won't have to make payments for at least another 6 months
The Education Department extended the student-loan payment pause by at least 6 more months for borr…
Ayelet Sheffey
8 million student-loan borrowers struggling to afford key long-term expenses could get debt cancellation through a new Biden proposal
The Education Department released its proposal to get student-debt relief to borrowers facing finan…
Ayelet Sheffey
Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…
ANI
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
India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report
Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…
ANI
SBI able to support loan growth, lower deposit growth not a challenge: Khara
Some experts have been opining that this is due to flow of savings into higher yielding capit…
PTI
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
60,000 student-loan borrowers in public service are getting $4.5 billion in debt cancellation while Biden's broader relief remains blocked in court
The latest student-loan forgiveness announcement brings the total number of borrowers approved for …
Ayelet Sheffey
SBI raises lending rates by 5 to 10 basis points; New loans to cost more
The State Bank of India (SBI) on Monday announced an increase in its Marginal Cost of Funds Based L…
ANI
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
Millions of student-loan borrowers just lost access to a key debt relief program — and it could have big financial consequences
The on-ramp period for millions of student-loan borrowers is over. This means those who miss paymen…
Ayelet Sheffey
Why 1 in 2 Indians reject bank applications: FICO survey insights
Why 1 in 2 Indians reject bank applications: FICO survey insights
Surge in top-up housing loans not system-wide issue, says RBI Governor
Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…
PTI
Banks write off loans worth ₹9.90 lakh crore in last 5 financial years
"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…
PTI
Apollo just set a goal to manage $1.2 trillion in private loans by 2029. These 7 slides show how it will get there.
Indeed, private lenders like Apollo are increasingly providing investment-grade lending to large co…
Alex Nicoll
8 million student-loan borrowers who remain blocked from cheaper payments and debt cancellation are getting a step closer to a final decision on Biden's new repayment plan
A Missouri judge blocked student-loan forgiveness under the SAVE plan and will soon hear oral argum…
Ayelet Sheffey
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
Millions of student-loan borrowers are losing a key debt relief program in 30 days
The on-ramp period for student-loan borrowers ensured any missed payments weren't reported to credi…
Ayelet Sheffey
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…
HDFC bank sees muted quarterly business; share drops 4.15% during trade today
Anticipating that HDFC Bank's foreign inclusion factor to increase from 50% to 100% in the MSCI Ind…