Studying abroad involves more than just academic merit; it's a significant financial investment. Indian students often underestimate hidden...

The startup will use the fresh funds for product development and marketing. The tech-led real estate rental management startup leases homes...

Converting large credit card bills to EMIs offers immediate relief by breaking down payments, but comes with significant costs beyond state...

How much charge on future income one can afford is a personal financial question that the borrower alone can answer. The lender can look at...

No Cost EMI, also known as zero cost EMI or interest-free EMI, is a financing option where the cost of a product can be converted into Equa...

While buying a product on EMI takes away the burden of paying the cost upfront, one should remember that there is always a cost that one ha...

The RBI in its circular in 2013 says that the concept of zero per cent interest is non-existent. Zero per cent interest schemes are just a ...

The credit card EMI offers available at stores and e-commerce portals while buying/paying for the product are popularly known as merchant E...

The RBI barred banks from offering “zero percent EMI schemes” on credit cards in 2013, saying the interest payable was camouflaged and pass...

Flipkart's 'No Cost EMI' entails zero processing fee, zero down payment and zero interest for customers.

Although the intervention of technology has changed the way loans are being disbursed, what lacks is the practice of careful borrowing.

For offering EMI schemes to purchases on online marketplaces these lenders have to tweak their payment systems while ensuring that they mee...

Banks are recovering lost ground after RBI barred them from providing 'zero per cent' EMI schemes and have added segments like educational ...

Under the new arrangement, retailers and manufacturers will share the interest cost on such offers that were earlier taken on by banks and ...

CEAMA and Whirlpool of India agreed that sales of high-value products could be hurt to some extent due to the ban.

It is not the case that consumers are unaware that these financing schemes entail real costs on account of interest and documentation.

Retailers say these schemes are not only helping them pull customers into stores but also encouraging shoppers to buy higher value products.