Tag: loans

India aims to open finance to millions with user-data system

India unveiled a data-sharing system that could revolutionize investing and credit, giving millions of consumers greater access and control over their financial records and expanding...

It is important to plan finances for differently abled

One key challenge that most families having persons with disabilities face is fully understanding the nature of special needs. Before any discussion on how one...

So You Want Your PPP Loan Forgiven? Make Sure You Submit This Application

August 21, 2021 6 min read Opinions expressed by Entrepreneur contributors are their own. The Paycheck Protection Program (PPP) — the U.S. government’s lifeline for small...

$20K or More to Expand Your Family? How to Pay for Adoption

August 16, 2021 5 min read This story originally appeared on NerdWallet Sarah Bailey’s adoption experience began in 2013 when she connected with an adoption...

Take care of tax treatment of interest on loans taken to purchase shares

Many investors avail of loans to acquire shares, often through an application in an initial public offering (IPO), and at times for acquisition of shares...

Wedding loans among youth see 11% rise during the second wave: report

NEW DELHI: Demand for wedding loans was the highest among all categories at 33% during the second wave of the covid-19 pandemic compared with 22%...

Student Loan Payments Come Back for Real Feb. 1

August 6, 2021 5 min read This story originally appeared on NerdWallet Federal student loan borrowers anticipating the return of their regular student loan payments...

‘The language of consumer debt is rife with moral undertones’: Read MarketWatch’s new ‘Extra Credit’ column

Hello and welcome to Extra Credit, a weekly look at the news through the lens of consumer debt. Your monthly car or student-loan bill may...

ICICI bank: S&P revises ICICI Bank outlook to stable from negative

NEW DELHI: S&P Global Ratings on Friday said it has revised the rating outlook on to stable from negative on grounds that the lender will...

What happens to loans when a borrower dies?

Many families who lost breadwinners are unsure what happens to the deceased’s loans or credit card outstanding. Engaging with collection agents would be the last...

Getting personal loan sanctioned can be a daunting task amid Covid 19

I need a personal loan but I want to take a loan from the bank as they provide loan at minimal rates. However, banks are...

business funding in us: Eight ways to fund a new business in the United States

Starting a business can be very exciting. A business represents an opportunity for growth and wealth, especially in the U.S. But starting a business can...

The truth behind no-cost EMIs

NEW DELHI: There’s nothing as satisfying as having your cake and eating it too. No-cost EMIs (equated monthly instalments) come closest to the experience for...

A young entrepreneur documents his struggles with EMIs and loans

As the second covid wave makes its way through India, Mint speaks to people across the country on how they are saving, spending and coping...

Can you get a personal loan with a low credit score?

A credit or a CIBIL (Credit Information Bureau (India) Limited) score is one of the principal factors considered by lenders while extending any loan—a personal...

5 things to follow to prevent your loan application from being rejected

NEW DELHI: Applying for a personal loan is easy these days. You just have to fill in basic details online and within a few clicks,...

financial ratios: Which financial ratios tell you best about the health of a bank

The banking sector truly reflects the health of the economy. A bank must maintain a balance between growth and risk. Analysis of banking stocks is...

Axis Bank Q3 takeaways: High slippages, provisions dent PAT, but loan growth lifts mood

MUMBAI: Axis Bank’s earnings for the quarter ended December left much to be desired as the lender reported lower-than-expected bottomline and net interest income. At...

Reliance Home Finance: Kotak Fund, Arcil, 4 others among bidders for Reliance Home Finance

Mumbai: Kotak Special Situations Fund (KSS), Asset Reconstruction Company (India) Ltd (Arcil) and Acre ARC are among six bidders that have expressed interest to buy...

Retail NPAs might spike to 10-year high of 4%: Report

Mumbai: The backbone of Indian banks could see some cracks due to the onslaught of the Covid-19 pandemic. According to a forecast by brokerage house...

home loans: Will RBI’s relaxed loan-to-value rules make home loans cheaper?

By DK Agarwal RBI has rationalised the risk weights and link them to loan-to-value (LTV) ratios for all new home loans sanctioned up to March...

Six money ratios you should have at your fingertips

Striking a balance between not doing enough and doing too much is tough for money, as it is with relationships. Do too little and a...

MSME: Banks sanction loans of Rs 1.61 lakh cr to MSMEs under credit guarantee scheme

New Delhi: The Finance Ministry on Monday said banks have sanctioned loans of about Rs 1,61,017 crore under the Rs 3-lakh crore Emergency Credit Line...

New Legislation Would Grant Automatic Forgiveness of PPP Loans Under $150,000

The smallest of small businesses may be able to avoid hassling with additional documents, worksheets and payroll/tax forms. Grow Your Business, Not Your Inbox Stay...

SBA and Treasury Release Names of PPP Loan Recipients

After months of calls for more transparency, information is made public about the nearly five million businesses that have benefited from the Paycheck Protection Program....