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LOAN PREPAYMENT
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...
How a simple home loan EMI calculation before you apply can reduce your interest burdenA home loan EMI calculator is an invaluable tool for financial planning, allowing users to estimate monthly repayments, total interest, and...
RBI holds repo rate, but for how long will relief for home loan borrowers continue?The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger ...
Rupee is falling: As an NRI, should you prepay your India home loan or keep the cash abroad?
Paying home loan for 30 years? CA explains the hidden trap behind the home loans and the only way to beat itHomebuyers often overlook the true cost of 30-year home loans. Early EMIs primarily pay interest, not principal. Chartered Accountant Nitin...
Avaada seeks $800 million to refinance Brookfield Asset Management debtAvaada Group is raising $800 million to refinance existing debt. This move aims to reduce finance costs before the group's planned public m...
Hyderabad Metro to turn profitable next year with IRFC’s low-cost loan: Telangana Chief SecretaryHyderabad Metro is set to become profitable next year. Indian Railways Finance Corporation has provided a Rs 13,527 crore loan to refinance...
US Stock Market: Treasury yield surge sparks mortgage hedging frenzy, deepens bond selloffRising Treasury yields are forcing investors to sell government debt. This is due to increased risks from higher interest rates and fewer m...
Understand loan eligibility before applying for a loan for doctorsMedical professionals can secure loans for practice expansion by understanding lender criteria. Key factors include qualifications, credit ...
Can banks block your mobile in case of loan default? RBI lays down rules for restricting services; Rs 250/hour compensation in this caseIf the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of ...
Bond market volatility sends corporates back to banksIndian companies are increasingly choosing bank loans over corporate bonds. This shift occurs as corporate bond yields have surged, while b...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsGiven the latest news flow from the Gulf region, the probability is high that we might once again see the bulls attempting a comeback. As u...
RBI proposes rules to let lenders disable phones for loan defaultsThe Reserve Bank of India is proposing to allow lenders to disable certain mobile phone functions for loan defaulters, specifically for dev...
Rs 42,000 salary, Rs 3 lakh debt and 634 credit score: CA explains how a teacher built Rs 11 lakh wealth in just 4 yearsNitin Kaushik shared how a 34-year-old teacher transformed her finances despite earning Rs 42,000 monthly and carrying Rs 3 lakh debt at 18...
25-year-old earning ₹1L/month asked to take ₹92 lakh loan for parents’ property deal; family expects flat value to soar in 5 years; sparks debt trap concernsA 25-year-old earning ₹1 lakh a month has sparked debate online after revealing how his parents want him to become the primary borrower for...
Gold loans are no longer merely the last source of credit for the poor: Shaji Varghese, CEO, Muthoot FinCorpMuthoot Fincorp is gearing up for a monumental ₹4,000 crore IPO, seeking to ignite its expansion plans and harness the momentum of its curr...
PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
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...
Can you get another loan if you’re already paying EMIs? Here’s the answerYour salary is just the start for loan approval. Lenders scrutinize your income after deducting all current EMIs. This remaining amount, me...
Planning to take home loan? 5 smart ways to maximise your benefitsThe amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...