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Once inspired by Orban, Hungary's Peter Magyar unseats him in landmark electionPeter Magyar's Tisza party has defeated Viktor Orban's Fidesz in Hungary's parliamentary election, ending Orban's 16-year rule. Magyar's pr...- Why tax refunds could shrink for millions of Americans as debt collection resumes in JanuaryTax refund garnishment: Millions of Americans with defaulted federal student loans face a significant change. Starting January 2026, the go...
- Indian shadow banks’ IPO boom falters on mounting credit stressInitial Public Offerings of India's shadow banks face challenges. Several firms, including SK Finance and Belstar Microfinance, shelve thei...
- Warburg-backed Avanse is said to mull IPO delay on US visa rulesAvanse Financial Services, the Warburg Pincus-backed education financing firm, is weighing a delay in its planned IPO amid slowing loan dem...
- Education loan provider Credila in talks to raise $600m via ECBCredila, formerly HDFC Credila, plans to secure up to $600 million in foreign loans post-IPO. Discussions involve DBS, MUFG, and SMBC. The ...
- Woman confesses joining military for perks and loan waiver, not patriotism. Story goes viralA U.S. military woman claimed she joined the armed forces for benefits like the VA home loan and GI Bill, not out of patriotism. This state...
- Union Budget 2024 proposes Rs 1.48 lakh crore for education, employment, skillingFinance Minister Nirmala Sitharaman's budget proposal includes a significant allocation of Rs 1.48 lakh crore towards education, employment...
- HDFC to rely on culture of trust to retain legacyHDFC Bank, India's largest private lender, is set to merge with mortgage-lending pioneer HDFC, with the merger expected to take effect from...
- Baring EQT, ChrysCap buy HDFC’s Credila for Rs 10,350 crET first reported on May 29 that BPEA EQT was set to acquire the education loans business from HDFC group. ET reported that the buyout fund...
- Baring EQT set to buy HDFC's education loan arm Credila for up to $1.5 billionThe buyout fund will be buying 90% of the company, with the housing finance company retaining a 10% stake that it may sell over a two-year ...
- HDFC kick-starts $1 billion Credila sale by picking Jefferies as adviser: ReportIndia's biggest mortgage financier, Housing Development Finance Corp (HDFC), has chosen Jefferies Financial Group to manage the sale of HDF...
- Harris to announce $1.5 billion investment in health care workforceThe funding will go to the National Health Service Corps, Nurse Corps and Substance Use Disorder Treatment and Recovery programs, all feder...
- HDFC to buy out Credila co-promotersHDFC Credila funds students for higher education in both India and overseas.
- Co-living space in demand, offers business potential worth $93 billion per year: PropTigerThe report found out that the co-living sector has total untapped demand of about 46.3 mn beds
- Citigroup kills panel overseeing toxic-asset unitAssets in Citi Holdings have shrunk from $600 billion since Chief Executive Officer Vikram Pandit, 55, created the unit after the bank almo...
- Citigroup shedding student loan businessCitigroup says it is selling its student loan business and about $32 billion in related assets to Discover Financial Services and the stude...
- Obama administration wants to buy up banks' toxic assetsOfficials familiar with the details expect the approach would try to remove as much as $1 trillion from banks' books. How the bailout adds ...
- Top salesmen for financial bailout face grillingThe two top salesmen for a $700 billion financial bailout are in for a grilling by Capitol Hill lawmakers just one week after the administr...
- Citigroup cancels Harvard, MIT student loansCitigroup is cancelling loan programmes that made it easier for international students at Harvard University, the Massachusetts Institute o...
- Corp Bank opens online education loan facilityCorporation Bank launches the 'online request facility' for the education loan product 'Corp Vidya'.
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