Gold Loans Surge 125%, Driving New Bank Credit
Gold loans in India surge 125% YoY, contributing 12% of new bank credit. Discover how rising gold prices and a shift to secured lending are reshaping the banking sector's portfolio.
Gold loans in India surge 125% YoY, contributing 12% of new bank credit. Discover how rising gold prices and a shift to secured lending are reshaping the banking sector's portfolio.
A viral social media post targeting the all-Indian leadership of State Bank of Texas ignites controversy. Discover the facts behind the bank's founding and the response from the community.
RBI's Financial Stability Report highlights India's robust 8.2% GDP growth & strong banks, but flags risks from unsecured lending, fintech, and stablecoins to monetary sovereignty. Read key insights.
RBI data reveals a shift in Indian household debt, with over 55% now for retail consumption. Household debt-to-GDP hits 41.3%, but savings improve. Explore the full financial stability report.
A new study shows an 87% success rate for discharging student loans via bankruptcy, debunking a persistent myth. Learn how policy changes have made this path more accessible for millions of borrowers.
RBI reports gross NPA ratio of banks fell to 2.1% by Sept 2025, a multi-decade low. Strong recoveries and upgrades drove 42.8% of the improvement. Read the full analysis.
India's Unified Lending Interface (ULI) sees rapid growth with 64 lenders onboarded and over ₹65,000 crore in loans facilitated, revolutionizing digital credit access for MSMEs and farmers.
Learn how to safeguard your finances by checking for unauthorized loans linked to your PAN card. Follow our 5-step guide using credit reports, fintech apps, and DigiLocker to prevent identity theft and protect your credit score.
The Trump administration will resume aggressive collection on defaulted federal student loans, including wage garnishment, starting January 2024, ending pandemic-era protections. Millions of borrowers are affected.
India's revamped rural jobs scheme increases states' funding share, likely raising borrowings by ₹30,000-40,000 crore and pushing bond yields higher. Market experts warn of wider spreads and fiscal strain.
Prayagraj's youth are driving a startup boom! Over 7,300 applications worth ₹35.7 crore received under the CM's Youth Entrepreneur Scheme. Discover how loans up to ₹5 lakh are fueling local businesses.
The Trump administration suspends $5.5 million in annual funding to Minnesota, alleging fraud in COVID-era loans. This escalates federal clashes with Democratic-led states. Read the full story.
The Trump administration will restart wage garnishment for defaulted federal student loans from January 7, 2025, ending the pandemic-era pause. Millions remain in default.
Public sector banks are reclaiming market share from private lenders in personal, home, and auto loans, driven by aggressive strategies and improved asset quality. Discover the key drivers behind this shift.
India's net household savings plunge to a 48-year low as post-pandemic borrowing for consumption surges. The middle class is trapped in high-cost debt. Read the full analysis.
Dharwad Zilla Panchayat CEO Bhuvanesh Patil directs banks to ensure timely credit for agriculture, SHGs, and youth. Review of loan disbursement and CSR plans discussed.
Haryana CM reveals over 25.67 lakh farmers have Rs 60,816 crore in outstanding loans. Details on district-wise debt and state relief schemes like zero-interest crop loans and OTS extensions.
Fintech app SalaryOnTime reports a massive 200% growth in installs, driven by its instant, paperless loan services. Discover how it's changing financial access for India's workforce.
Ludhiana's MSMEs, once Punjab's economic backbone, complain of neglect, funding woes, and pending VAT refunds while govt courts large investments. Read the full story.
Singapore's United Overseas Bank faces mounting losses from Hong Kong and China real estate loans, booking S$615 million in provisions. Its Greater China exposure under scrutiny as property markets deteriorate.
Haryana's agricultural credit outstanding surpasses Punjab's, with both states nearing Rs 1 lakh crore each. National data reveals Tamil Nadu leads. Explore the debt crisis and government's stance.
HD Kumaraswamy discloses a tragic toll of 2,809 farmer suicides in Karnataka since the 2023-24 fiscal year, highlighting unfulfilled loan promises. Read the full report on the deepening agrarian crisis.
New US student loan rules impose a $100,000 lifetime borrowing cap for nursing students, while medical students get $200,000. Healthcare groups warn this could worsen staff shortages and inequity. Details inside.
A 19-year-old labourer in Ahmedabad attempted suicide after alleged harassment by money lenders. The FIR details high-interest loans and threats. Read the full report.
Financial setbacks can derail plans. Learn how personal loans, with rates from 9.99%, offer a pragmatic solution for emergencies, business restarts, and debt consolidation. Use them wisely to rebuild stability.
The Tamil drama 'Game Of Loans', directed by Abhishek Leslie, is set to release on 5 Dec 2025. Starring Abhinay Kinger, Nivas Adithan, Ester Noronha, and Athvik Jalandhar. Read all details.
Muthoot Finance's stock surged nearly 94% in a year, fueled by soaring gold prices. However, rich valuations and rising competition now challenge future gains. Read the full analysis.
Bokaro Deputy Commissioner Ajay Nath Jha reprimands banks for failing to meet targets in key government welfare schemes. Show-cause notices issued for non-performance. Read more.
The Indian government's new digital credit assessment model for MSMEs aims to streamline lending, reduce bank delays, and boost financial inclusion. Learn how this initiative works.
Punjab National Bank MD Ashok Chandra projects strong Indian economic growth for coming quarters, driven by GST reforms and robust credit demand in retail, MSME, and housing sectors.