Thinking of prepaying your home loan? CA says why you might be doing it wrongChartered accountant Paaras Gangwal advises caution on home loan prepayments. He explains that early loan prepayments yield significant sav...
Bengaluru techie earns Rs 1.7 lakh a month but still wants to sublet a room in his new home: 'Part of me feels trapped'A Bengaluru tech professional is experiencing significant financial stress after purchasing his first home. Despite a good salary, the home...
Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
Man took Rs 45 lakh home loan in 2018 & cleared it 8 years early. But friends say he made 'financial mistake'. Here’s why the internet is dividedA Reddit user sparked debate online after revealing they paid off a Rs 45 lakh home loan eight years early by putting every spare rupee tow...
Alpha Corp to take over three stuck projects following Supreme Court approvalThe Supreme Court has revived Alpha Corp's plan to complete three stalled projects of Earth Infrastructures. This decision offers hope to o...
Banking, financials remain strong play despite near-term volatility: Sunil SubramaniamCrude oil prices and UAE's role in OPEC+ are influencing Indian markets. Experts suggest oil prices may fall in the medium term, easing con...
Husband takes Rs 25.06 lakh loan in wife’s name, runs off with car, jewellery & then seeks maintenance; HC slaps Rs 15 lakh cost on him for false affidavitA husband took Rs 25.6 lakh personal loans in his wife's name, spent the money on a lavish lifestyle, and fled with her car and jewellery. ...
Andhra Pradesh mango pulp industry seeks central supportMango processors in Andhra Pradesh face export challenges. A significant quantity of mango pulp is stuck due to shipping lane disruptions. ...
Supreme Court order out, D-Street hopes banks will reveal NPAs nowThe apex court said no compound or penal interest -- or interest on interest -- will be charged from borrowers for the six-month loan relie...
Supreme Court leaves loan moratorium call to Centre, RBI; bank stocks jumpThe apex court said that one cannot levy interest on interest, and the amount recovered from the same has to be refunded.
Supreme Court verdict on loan moratorium today: What analysts sayThe Centre had earlier submitted before the top court that if it were to consider waiving interest on all the loans and advances to all cat...
How taking loan moratorium will impact your future EMIsBorrowers have been allowed to opt for loan moratorium and skip EMIs for 3-6 months.
Which bank is giving automatic loan moratorium and which is not: Here's the listTo pay this additional interest, you may get an option to either increase your loan tenure without increasing your EMI amount or increase y...
Moratorium on loan EMIs, credit card dues will have an interest costPeople have a lot of misconceptions about what has been promised. Keep these things in mind when you make financial decisions basis the ann...
EMI moratorium: Missing two instalments may add 10 months to your loanMissing two instalments could extend your loan by 6-10 months.
Banks yet to act on EMI relief, spark confusionStarting Wednesday, borrowers are due to pay their monthly instalment but banks are not ready yet to implement the special facility created...
EMI relief for home loan takers in the offingWhile interest rates are unlikely to be reduced immediately, home loan borrowers can expect relief in the coming weeks.