At least 100,000 federal student loan borrowers may receive Navient settlement checks in 2026. The $120 million CFPB settlement targets bor...

Millions of Americans enrolled in the SAVE student lan repayment plan must begin repaying their loans after a federal interest pause ends i...

A good starting point for understanding the contemporary banking landscape in India is the policy response to the global financial crisis (...

The report also said private sector banks are better placed to reap the benefits of recovery and will continue to increase their market sha...

Covid-related relaxations gave a boost to NPS. Contribution under NPS grew over 30% with assets under management at Rs 4.94 lakh crore as o...

The first lesson for policymakers is to treat emergency measures as such and not to extend them even after recovery: when an emergency medi...

The RBI had discontinued all forms of forbearance given to banks in the latter half of 2015 and launched a asset quality review to know the...

The survey said most of the non-performing loans were lent and restructured during the forbearance phase and RBI’s audit missed some of the...

“The first lesson for policymakers is to treat emergency measures as such and not to extend them even after recovery: when an emergency med...

RBI has resisted pressure on a package for NBFCs, but permitted banks not to classify defaulters in MSME, realty.

In the past, the central bank had granted forbearance for loans to small businesses during demonetisation. More recently, relief was grante...

Global banking regulators' body BIS has proposed a uniform definition for non-performing assets and forbearance to ensure consistency in di...

“We have no problem with the intent to publish the wilful defaulters’ list," said Rajan. “That is where the promoter has, in the eyes of th...

Rajan came out in the support of bankers who have been chastised for several lending decisions taken in the past and cautioned against “hin...

Investigations into loan defaults should look at establishing criminality while guarding against indiscriminate targetting that can "chill"...

Raghuram Rajan today said the Reserve Bank will shortly announce some measures that should improve the functioning of the joint lenders' fo...

Banks are allowed to qualify restructured assets as standard under regulatory forbearance which will cease to exit from April 1 next year.