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IANS 20 November 2023
Data and management commentaries across non-banking finance company (NBFC)/banks suggest rising delinquencies in unsecured loans, especially in small ticket size personal loans (STPL), less than Rs50,000, and loans sourced via fin-tech partnership, foreign brokerage Nomura said in a...

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IANS 17 November 2023
A Delhi court has dismissed a suit filed by the State Bank of India (SBI) for the recovery of Rs 13.51 lakh, along with interest, against a loan defaulter, who had passed away.   District Judge Surinder S. Rathi stressed on the proactive responsibility of banks, especially a leading...

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Sponsored Post 03 November 2023
Personal loan apps have emerged as a versatile and easily accessible solution to meet various monetary requirements. Whether you need funds for unforeseen medical expenses, a home makeover project, or that long-awaited dream vacation, personal loan apps can provide swift access to the...

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Sponsored Post 30 October 2023
The ever-popular iPhone is undoubtedly one of the highest-selling phones in the high-end segment market. Its cutting-edge technology and sleek design make it more than just a smartphone. However, the hefty price tag often makes it seem like a distant dream for many, and with every new launch...

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Sponsored Post 17 October 2023
Embarking on buying your dream home is thrilling, but understanding the financials can often be confusing, especially if you are on this journey for the first time. "How will my monthly payments look for a 25 lakh home loan EMI?" – if that's bothering you, this guide is designed precisely for...

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Moneylife Digital Team 18 August 2023
Reserve Bank of India (RBI) has issued guidelines to reset equated monthly instalments (EMIs) based on floating rate personal loans, including allowing borrowers to switch over to a fixed rate as per the bank board approved policy. Moneylife Foundation has been relentlessly campaigning...

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Moneylife Digital Team 10 August 2023
Following the death by suicide of veteran art director Nitin Chandrakant Desai, one more borrower from the entertainment industry has levelled serious allegations against Edelweiss Asset Reconstruction Company (EARC) and top executives of the Edelweiss group. However, EARC says it is not the...

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Sponsored Post 27 July 2023
Purchasing your dream bike is no small feat. It takes a lot of research and planning. The most important factor that influences your buying decision is your finances. Ensuring you have sufficient funds to afford the bike of your choice is vital. An easy way to finance such big-ticket...

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Sponsored Post 27 July 2023
Your credit score plays a significant role in the approval and rejection of your credit card and loan applications. This three-digit number represents your creditworthiness and repayment capability. The credit score is computed by a credit bureau on the basis of multiple factors including...

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Sponsored Post 26 July 2023
Personal loan is an unsecured credit option offered by banks and NBFCs to help consumers meet their personal and business related financial requirements. Both salaried and self-employed individuals can avail the loan without pledging any collateral and with fewer formalities and quicker...

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Sponsored Post 21 July 2023
With digitisation, Personal Loan apps have become the preferred borrowing option for salaried and self-employed professionals. In fact, did you know that in India, the usage of Personal Loan apps has witnessed a significant surge, offering borrowers...

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Driven by personal loan demand, the credit offtake from banks rose by 16.3% year-on-year (y-o-y), while the deposits grew slower at 10.2% during the last quarter of FY22-23, Credit Rating agency CARE...

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Sponsored Post 13 July 2023
Is it your dream to have a home of your own? Are you ready to finally take the plunge and commit yourself to the process of buying a home? Are the constantly increasing home prices worrying you? Are you unsure about how will you finance your property purchase?   In this brief guide on...

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Sponsored Post 03 July 2023
Purchasing a home is a significant financial commitment for most individuals and securing the right housing loan is crucial to make this dream a reality. With numerous loan options available in the market, it's essential to carefully consider various factors before making a well-informed...

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Sponsored Post 27 June 2023
It isn't uncommon for businesses to rely on credit to keep operations running, and thankfully accessing loans has become quite easy. Business loans are now available online in just a few clicks, and most lenders even extend specialised offers.   This is mainly because the eligibility...

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Moneylife Digital Team 31 May 2023
In a significant decision, while cautioning banks to adopt a humanitarian approach, the Kerala High Court (HC) ruled that an education loan cannot be rejected due to the low credit score of the applicant student.    In an order, the bench of justice PV Kunhikrishnan observed, "While...

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Sponsored Post 19 May 2023
As a doctor, you constantly strive to provide the best health care to your patients. Having the latest equipment and facilities can help you achieve this, but upgrading your practice is costly. Thankfully, a collateral-free, customised loan for professionals is a viable option to...

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Sponsored Post 18 May 2023
A pre-approved personal loan offers quick disbursal and flexible repayment options along with a host of other features, making it an ideal choice when you need funds immediately.   The typical, old-fashioned borrowing experience is quite contradictory to the fast-paced nature of...

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Moneylife Digital Team 19 April 2023
Upholding the orders passed by the fora below, the national consumer disputes redressal commission (NCDRC) directed Bank of Baroda to pay Rs1 lakh each as compensation to two students who had obtained an education loan. NCDRC held that there was a deficiency in service on the part of the Bank...

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In a stern order early this week, the central information commission (CIC) has slammed a show-cause notice as to why a penalty should not be imposed on the two public information officers (PIOs) of the Prathma UP Gramin Bank, Moradabad, and also ordered them to provide information on the...

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