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Dodging bullet loans hurt gold NBFCs after RBI’s revised lending rules trigger repayment stressNon-banking financial companies have begun reassessing gold loan structures following increased delinquencies in recent months. Bajaj Finan...
RBI plans curbs on private equity firms controlling stakes in multiple non-bank lenders: ReportIndia's central bank is working on new rules to prevent private equity firms from holding controlling stakes in multiple non-bank lenders. ...
US household debt rises to $19.1 trillion in Q3, delinquencies edge higher: New York FedUS household debt rises by $334 billion to $19.1 trillion in Q3, while troubled borrowing edges up to 5% of total debt, according to the Ne...
Muthoot Microfin Q2 profit jumps 3.6 times to Rs 111 croreMuthoot Microfin reported a 3.6-fold year-on-year rise in Q2 net profit to Rs 111 crore, supported by secured lending growth and improved a...
Gold loan NPA rises in first five months while eases over a three-year horizonIndia’s gold loan market has experienced a rise in non-performing assets, reaching 0.78% by August 2023. The total outstanding volume grew ...
Aptus Value Housing Finance Q2 profit rises 18% to Rs 267 crAptus Value Housing Finance India achieved a remarkable net profit of Rs 267 crore in the second quarter, signifying strong financial growt...
Most wanted stocks 2026: 6 stocks mutual funds are buying even as markets slumpStock market investors are growing wary as prices continue to drop amid broader economic issues. Nevertheless, mutual fund managers are opt...
Govt employees facing disciplinary action? Know these 7 important rights before accepting chargesEmployees in the government sector who find themselves undergoing disciplinary reviews must be informed about their rights before replying ...
'Height of insanity:' Trump ends VA mortgage rescue program; 15,000 veterans face higher payments, 700 see $1,000 hikeAfter the discontinuation of the Veterans Affairs Servicing Purchase program, many veterans are encountering significantly higher mortgage ...
Bandhan Bank denies acquisition talks with First Abu Dhabi BankBandhan Bank has denied reports of acquisition-related discussions with First Abu Dhabi Bank, calling its reference in a news report factua...
A fight between people who knew each other ended with 12 injured in Florida; what police know about Anthony Rivers III and from where did he get the gunDuring the lively homecoming weekend at Florida A&M University, a regrettable shooting incident unfolded outside Bragg Stadium, injuring tw...
Trump administration student debt collection: Five ways borrowers can protect their paychecks from federal garnishmentMillions of Americans struggling with student loan debt may soon face renewed collection efforts from federal agencies. The Education Depar...
Brazil stock market to crash today? What Lula’s surprise victory in elections means for emerging markets, commoditiesBrazil’s stock market faces a potential sharp selloff after President Luiz Inácio Lula da Silva’s surprise election victory dashed investor...
France braces for new protests as Macron seeks to restore orderFrance is bracing for fresh protests after a week marked by urban unrest during previous demonstrations. President Macron is set to convene...
Only labour unions allowed to protest tomorrow: Emmanuel MacronMacron acknowledged "planning failings and elements of surprise" last Saturday, when protests drew more than half a million people and dege...
India's glittering gold loan sector risks sliding into a dark zoneThe gold loan market in India is on a rapid growth trajectory, fueled by true demand alongside possible financial distress among borrowers....
Bigger car loans, longer tenures face rate-hike testIndian car buyers are increasingly taking out larger and longer loans to purchase higher-priced vehicles. This trend emerges as borrowing c...