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1 min read

Trump cedes control of the cash collateral for his $175M civil-fraud bond under new agreement with NY officials

The GOP frontrunner and his bond underwriters agreed Monday to keep the cash in what's essentially …

Laura Italiano   


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3 mins read

RBI curbs: JM Financial says 'no material deficiencies in loan sanctioning process'

JM Financial on Wednesday said it had a "careful and detailed review" of the Reserve Bank's order i…

PTI   


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2 mins read

A woman in Brazil was arrested after she seemingly attempted to get a dead body in a wheelchair to sign for a bank loan

The woman insists that the man, who she said was her uncle, was still alive when they entered the b…

Polly Thompson   


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1 min read

Carl Icahn's fortune jumps by $1 billion as new loan agreement boosts his company's stock 22%

Icahn now has net worth of $11 billion, according to the Bloomberg Billionaires Index, still far be…

Filip De Mott   


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2 mins read

Why thousands of defrauded student-loan borrowers are still waiting for the debt cancellation they were promised over a year ago

The Sweet v. Cardona settlement said defrauded student-loan borrowers were entitled to debt relief …

Ayelet Sheffey   


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3 mins read

A mom who's stuck with the bill for her ex-husband's student loans is struggling to pay the $365,000 balance and help her kids at the same time

Shannon Rowan, 51, cannot separate her student-loan balance from her ex-husband's, and she's in def…

Ayelet Sheffey   


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3 mins read

Paid off your home loan? You need to complete this following checklist

If you've fully repaid your home but are experiencing delays from banks in providing your mortgaged…

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2 mins read

Reliance Retail to acquire Arvind Fashions' beauty retail business

The country's leading retailer Reliance will acquire the beauty retail business of the Lalbhai fami…

PTI   


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2 mins read

Key student-loan relief is on the line as Congress once again works to avoid a government shutdown

The House GOP's current education spending proposal includes cuts to resources to help student-loan…

Ayelet Sheffey   


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3 mins read

Special monitor suggests Trump falsified disclosures over $48 million loan in what could be tax evasion, report says

A letter by a court-appointed monitor overseeing Donald Trump's business fraud case indicated he ma…

Katherine Tangalakis-Lippert   


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1 min read

China and Saudi Arabia sign a $7 billion currency swap agreement, adding to de-dollarization push

The agreement marks the latest move to boost internationalization of the yuan in global finance in …

Aruni Soni   


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2 mins read

ADB, Indian govt sign $220 mn loan agreement to improve energy security

Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, the ministry of finance, …

ANI   


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3 mins read

House Republicans are moving forward with a bill that would overhaul student-loan repayment and make it harder for Biden to get relief to borrowers

Republicans on the House education committee are marking up a bill to cap the borrowing of some stu…

Ayelet Sheffey   


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China signs yuan-denominated loans for Belt and Road Initiative, accelerating de-dollarization

Beijing's yuan lending spree comes after most of its prior Belt and Road Initiative loans were deno…

Aruni Soni   


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4 mins read

Pak, IMF commence negotiations for release of $710 million second tranche of $3 billion loan

Porter "appreciated the government's commitment" to meeting the first-quarter targets, the Mini…

PTI   


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1 min read

Canara Bank Q1 profit surges 75% to ₹3,535 cr aided by fall in bad loans, interest income rise

The bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 5.15 …

PTI   


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2 mins read

A student-loan financing company just got caught reportedly misleading borrowers by saying a loan isn't a loan

Income share agreements, or ISAs, are an alternative form of student-loan financing. The CFPB said …

Ayelet Sheffey   


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3 mins read

Student-loan payments are resuming the same day the government could shut down. Here's what that means for borrowers.

Congress has 13 days to fund the government. If not, the Education Department will shut down the sa…

Ayelet Sheffey   


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2 mins read

It is 'abundantly clear' student-loan payments should not resume next week if the government shuts down, Ayanna Pressley says

Resuming student-loan payments the same day as a government shutdown is "a recipe for disaster," Re…

Ayelet Sheffey   


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2 mins read

Vedanta Resources repays USD 250 million in loans

Mining mogul Anil Agarwal-led Vedanta Resources Ltd (VRL) has repaid USD 250 million in loans that …

PTI