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RBI to soon release securitisation rules
Junk bonds allure investors with the possibility of higher yields since those venturing to invest in such bonds hope to rake in better returns than th
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What happens if you are unable to make home loan payments?
Genuine reasons such as loss of employment, serious medical conditions, or short-term financial difficulties may warrant consideration from your lende
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SBI not worried over unsecured loans
Chairman Dinesh Khara said the loan book of unsecured loans in the bank is better than that of secured loans
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Finmin: India on path to achieve 6.5 per cent GDP in FY24
In the August edition of Monthly Economic Review, Finmin said the 7.8 per cent growth recorded in the first quarter was due to the strong domestic d
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Slow recovery of debt repayment
In the year 2017-18, they managed to collect a total of 1.18 lakh crore rupees from loans that were put in the bad loan account. However, the collecti
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Sharp rise in credit card defaults in FY23
The RBI has been alerting banks to be cautious while extending loans to this segment of borrowers. Usually, credit cards are issued after assessing th
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FM emphasises transparency in reporting bad loans
The finance minister’s statement came at a time when Indian banks are boasting of one of their cleanest balance sheets in well over a decade
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Credit card usage up, so are NPAs
The data release comes amid news reports stating that the RBI has been cautioning banks about the risks on unsecured books, which includes credit card
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What to do if you can’t pay your home EMI
A home loan is considered a secured loan for which the customer has to pledge his house as collateral with the bank as a guarantee
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Flying becomes cheaper than traveling by train
NPS may offer 40-45% pension, Infosys backed drone maker sets IPO price band, Formal job creation in April’23 falls 26%
