loans

Looking for a new home loan? You may have to settle for a lower amount now

Higher interest rates lead to lower home loan eligibility as EMIs increase

Should you prepay your home loan now, after six hikes in policy rate?

The RBI increased the benchmark lending rate by 25 basis points; home loan rates are expected to go up further.

Increase home loan EMIs or tenure: What should borrowers do?

Existing home loan borrowers have two options to cope with rising interest rates. Increasing the tenure doesn’t burden your monthly outgo, but banks might not allow it if the repayment period goes past your retirement age

About to take a home loan? May be prudent to stay with the old tax regime

Budget 2023 offers a number of tax benefits for those who choose the new tax regime. But for those making home EMI payments and claiming house rental allowance, it may make more sense to stick with the old tax regime.

Axis Bank says exposure to Adani Group at 0.94% of total loans

The exposure to Adani Group is primarily to the operating companies in sectors like ports, transmission, power, gas distribution, roads and airports, Axis Bank said.

Credit Suisse’s private bank halts margin loans on Adani bonds

The Swiss lender’s private banking arm has assigned a zero lending value for notes sold by Adani Ports and Special Economic Zone, Adani Green Energy and Adani Electricity Mumbai Ltd., according to people familiar with the matter, who asked not to be identified discussing private information.

How fintech lenders can earn their customers’ trust

Small loans of up to Rs 50,000 have grown 86 percent between March 2019 and March 2021 amid the proliferation of digital lenders. Apart from making credit easily accessible through technology, digital lenders must think about being transparent.

SIDBI partners with VFS to extend MSME loans

VFS Capital will extend MSME loans upto Rs 5 lakh at 13 per cent interest rate per annum, a top company official said.

Nirmala Sitharaman distributes loans worth Rs 2,500 cr to street vendors, small scale entrepreneurs

The loans were given under schemes like Pradhan Mantri Svanidhi Yojana, Mudra Yojana and Pashupalak Kisan Credit Card.

State-run lenders plan cloud-based platform for fintech connect

The framework will enable state-run banks to access the broad network of fintech companies' resources, lowering their own costs associated with obtaining loans and making ad hoc investments in expensive platforms or technology.

HDFC Ltd assigns loans worth Rs 8,892 crore in Q3

The corporation had assigned loans amounting to Rs 7,468 crore in the corresponding quarter of the previous year, HDFC Ltd said in a regulatory filing.

Customers complain of erroneous entries in CIBIL report that impeded grant of loans

Some customers took to Twitter to complain about entries of unpaid dues on loans and credit cards which they did not apply for in their CIBIL report

Where to invest in 2023; Sandeep Tandon on top themes to bet on in the new year | Outlook 2023 | LIVE

The year 2023 is just a few days away, with the new year coming are you wondering where you should invest? Watch this live with Sandeep Tandon & Moneycontrol's Senior Consulting Editor, N.Mahalakshmi to get you a sense of what to expect next year and also quizzes him on how to turn 2023 into a profitable year.

Should you buy car now by taking loan or save for it and buy later?

Car is a depreciating asset and hence, it’s better to take as small a loan as possible.

HDFC Bank targets issuing one million credit cards a month

The bank wants to double the current pace of half a million new credit card issuances every month

Microfinance loans up 11% to Rs 71,916 crore in Q2 FY23: Report

Microfinance loans worth Rs 64,899 crore were disbursed during the same period a year ago. In terms of volume, a total of 1.81 crore loans were disbursed during Q2 FY2022-23, as against 1.85 crore loans in Q2 FY2021-22, as per the latest report by Microfinance Institutions Network (MFIN).

Fed policy: Not a pivot but just a shift in gear -- What is in it for investors?

Valuation should be the touchstone to pick stocks from export-oriented sectors for the long term; for the risk-averse, companies catering to domestic demand could be good picks

IMF shareholders deeply divided on whether to suspend surcharges on some loans

Argentina, Pakistan and others are pushing the IMF to drop - or at least temporarily waive - the surcharges, which the IMF estimates will cost affected borrowers $4 billion on top of interest payments and fees from the start of the COVID-19 pandemic through the end of 2022.

Paytm's loan volume jumps 150% in October-November

The value of loans disbursed grew 374% YoY to Rs 6,292 crore, while the number of loans disbursed grew 150% to 6.8 million cumulative loans for the two months ended November 2022

Elon Musk says wise to avoid margin loans during macroeconomic risks

"When there are macroeconomic risks, it is generally wise to avoid using margin loans on any company, as stocks may move in ways that are decoupled from their long-term potential," Musk tweeted late on Thursday, without naming any companies.

With EMI burden rising, will Budget 2023 give more sops to home buyers?

Real estate experts say that tax deduction benefits to repay principal and interest amounts haven’t been raised in many years. Interest rate hikes and increased demand through the Covid pandemic should nudge the government to give sops to home-buyers, they add.