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3 mins read

RBI tightens norms on personal loans for banks and NBFCs; stocks to be under pressure

​​Shares of SBI Cards, RBL Bank, HDFC Bank and ICICI Bank are expected to come under pressure after…

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2 mins read

Nifty, Sensex trade flat dragged by financial stocks

Equity benchmark indices, the Nifty and the Sensex declined in early trade on Friday but recovered …

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2 mins read

RBI to come up with unified regulatory framework on connected lending

The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…

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2 mins read

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   


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2 mins read

Biden's new student-loan forgiveness plan has already received over 24,000 comments. There are 2 weeks left to give the administration input.

The Education Department plans to begin implementing Biden's new student-debt cancellation plan thi…

Ayelet Sheffey   


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3 mins read

Student-loan forgiveness through Biden's new repayment plan faces another lawsuit from 7 GOP states

Missouri's attorney general led a new lawsuit to block student-loan repayment through the SAVE plan…

Ayelet Sheffey   


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4 mins read

How corporate PAC money could end up in the personal coffers of Sens. JD Vance and Markwayne Mullin

Sens. JD Vance and Markwayne Mullin are repaying debts that their campaigns owe them while acceptin…

Bryan Metzger   


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6 mins read

Travis Kelce: Super Bowl legend, Taylor Swift's boyfriend, and … personal finance guru?

A commercial featuring Kansas City Chiefs tight end Travis Kelce wants to sell you a new financial …

Emily Stewart   


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2 mins read

Democrats vow to keep fighting for student-loan forgiveness as they slam 'cruel' Supreme Court ruling striking down Biden's plan

Senate Majority Leader Chuck Schumer called the decision by the "the MAGA Republican-controlled" hi…

Eliza Relman,Ayelet Sheffey,Noah Sheidlower   


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1 min read

GST Council likely to levy 18% tax rate on corporate guarantees for loans

The GST Council is likely to introduce an 18 per cent tax rate on corporate guarantees extended by …

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3 mins read

Should you buy the iPhone 15 on EMI?

People queuing up at the Apple Store all night to buy the latest iPhone, reminds one of the marketi…

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4 mins read

The Trump fraud trial verdict goes well beyond ordering the ex-president to pay $355 million. Here's what the ruling means.

Letitia James says Trump and his codefendants have to pay more than $450 million. Understand how th…

Laura Italiano,Jacob Shamsian   


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5 mins read

Student-loan borrowers' biggest defender in the government is in jeopardy

The Supreme Court is about to take on a case challenging the funding structure of the CFPB. The sta…

Ayelet Sheffey   


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5 mins read

Here why it’s best to stay away from these loans than fall into debt trap

View this post on Instagram A post shared by Business Insider India (@businessinsiderin)

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2 mins read

Banks must allow retail borrowers to switch between fixed and floating rates: RBI

Reserve Bank of India on Friday said regulated entities (REs) have the freedom and they must offer …

ANI   


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5 mins read

Investment FOMO? Here’s why you shouldn’t fall for the comparison trap

Ahmedabad-based Pranav Jain found out when talking to a colleague that the colleague was investing …

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5 mins read

Rising interest rates hitting you hard? Here’s how to ensure your home loan is paid off before retirement

You may increase your EMI to up to 40-50% of your income at the most. Prepayment should be consider…

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3 mins read

Kevin O'Leary: How I handle family members who ask for money and the one rule I always enforce

Kevin O'Leary, aka Mr. Wonderful of "Shark Tank," says he gifts money to family; he doesn't loan it…

Kevin O'Leary, as told to Jenna Gyimesi   


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2 mins read

Republicans celebrate Biden's student-loan-forgiveness plan getting struck down: 'Good riddance'

"Anyone frustrated by today's decision should direct their complaints to the White House," GOP Sena…

Juliana Kaplan,Ayelet Sheffey,Noah Sheidlower   


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6 mins read

Underwriting: The risk-assessment process used in everything from IPOs to life insurance

Underwriting is a process in which an individual or an organization takes on financial risk for a f…

Jim Probasco