Loan Repayment

Debt repayment strategies like the avalanche or snowball methods may not work for multiple loans; a customised plan considering interest rates, tenure and EMI is more effective for loan prepayment.

Personal Loan Repayment: EMI calculator to interest rate, check key details for seamless debt management

A personal loan repayment schedule helps you manage debt efficiently by outlining your EMIs, interest payments, and due dates. Understanding it can help you prevent missed payments, reduce interest costs, and improve financial planning.

Factors that shape your personal loan repayment timeline

Selecting the right repayment tenure for a personal loan is crucial to balancing financial flexibility and cost-effectiveness. Understanding lender policies and aligning the tenure with your financial priorities can help ensure smooth repayment while minimizing overall costs.

Coffee Day Enterprises' total default rises to Rs 434 crore in December quarter

Coffee Day Enterprises Ltd (CDEL), which is paring its debts through asset resolution, in a regulatory update said "the delay in debt servicing is due to liquidity crisis".

Vedanta Resources repays $800 million loans to Standard Chartered Bank

Vedanta Resources said in an exchange filing that it has repaid three facilities, which were taken from Standard Chartered Bank in London and Hong Kong.

Adani Ports & SEZ repays Rs 1,500-cr loan as part of comeback strategy

Adani Ports and SEZ paid SBI Mutual Funds' due amount of Rs 1,500 crore on Monday and will also pay another Rs 1,000 crore of commercial papers due in March (as per the payment scheme), a company spokesperson said.

Indonesian woman fakes death, posts photos of 'corpse' to avoid repaying debt

While the photos of the woman's “corpse” were orchestrated, the picture where she was wheeled away in a hospital was a still from a TV show.

Tied to 2-wheeler, Odisha man forced to run 2 km for failing to repay Rs 1,500

The hands of Jagannath Behera, 22, were tied with a rope, the other end of which was attached to the two-wheeler. He was forced to run behind it from Stuartpatna Square to Sutahat Square for around 20 minutes.

The Eastern Window: Chinese real estate hits another hurdle as customers stop repayment

Majority buyers are angry that the market price of their houses has dropped 20-25 percent below the value of mortgages

Invoking personal guarantees of promoters is easier said than done

Despite a favourable Supreme Court ruling, bankers may find it difficult to actually monetise personal assets of business promoters

Chart of the Day | Loan repayments holding up in April despite lockdown

The bounce rate, or the percentage of transactions where a request for payment was unfulfilled, hasn’t fallen significantly 

Explained: Here's Why RBI Charged Bajaj Finance Rs 2.5 cr For Violating Recovery Norms | Know Your Rights

The Reserve Bank of India has imposed a penalty of Rs 2.5 crore on Pune-based Bajaj Finance Limited. They have been charged for violating regulatory norms pertaining to recovery and collection methods from their borrowers. Watch the video to find out what are the rules that recovery agents, banks and NBFC should adhere to.

Supreme Court gets blunt towards an evasive government

What the court is really nudging the government to do is not to put the burden on banks but itself pick up the tab of interest waived for the moratorium period

Interest during moratorium: Banks’ imperative vs court’s sentiment

The position of the Indian regulator is that while repayment during moratorium is postponed, the interest clock keeps ticking

S&P downgrade warning sends Toshiba shares falling

S&P Global Inc said in a report that it could cut its rating of Toshiba Corp credit by several notches should the Japanese firm receive financial support that includes debt restructuring, sending Toshiba stock down 9 percent.

Budget restricts tax benefit on second house to Rs 2 lakh

Tax benefit on loan repayment of second house will be restricted to Rs 2 lakh per annum, Finance Bill 2017 has proposed, a move that may hit hard those making big savings so far as there have been no limits on set off from such property.

Borrowers get additional 60 days to repay loans: RBI

In view of the cash crunch being faced by borrowers, the Reserve Bank of India (RBI), on November 21, 2016, provided an additional 60 days, for the repayment of housing, car, farm and other &#82

Reliance Communications clears debt of Rs 6,000 cr

Reliance Communications made a full repayment of syndicated ECB loans amounting to USD 500 billion each. These were availed in 2007. In addition, Reliance Communications has made scheduled repayments of another USD 207 million.

What is the rest period in home loan offers? Read here

While opting for a home loan, it is very important for an individual to understand the terms and various parameters of the loan that are applicable.

Here`s why you should avoid house re-possession

The first and foremost thing that a person applying for home loan should keep in mind is that he should never agree on paying an amount that does not fit his budget. Therefore, be very calculative while setting up an EMI as it will only help in avoiding future troubles.

No issues with loan repayments from SEBs, says REC

As far as loan payment issues regarding State Electricity Boards (SEBs) are concerned, Khunteta said that most SEBs pay back on time, while there are payment delays from boards in north eastern states until they get money from the Central Government.

Exclusive interview with Vikram Akula of SKS Microfinance

Vikram Akula is confident of a revival in collections and says that in 18 out of 19 states, outside of Andhra, loan repayment have been to the tune of 96%.