SoftBank adds $21 billion to AI firepower in new debt dealsThe Japanese conglomerate increased its margin loan backed by shares of its chip unit Arm Holdings Plc by $5 billion to $25 billion, people...
18 Sep, 2026, 05.41 PM IST
FM Sitharaman asks banks to step up financial literacy efforts for MUDRA beneficiariesUnion Finance Minister Nirmala Sitharaman on Thursday asked banks providing loans under the PM MUDRA Yojana to step up financial literacy e...
18 Sep, 2026, 11.10 AM IST
Rs 40 lakh home loan: The EMI looks cheaper at 30 years, but there’s a costly catch, warns CACA Nitin Kaushik explained how home loan tenure can dramatically affect total interest. On a Rs 40 lakh loan at 9%, a 10-year tenure means ...
18 Sep, 2026, 10.55 AM IST
US mortgage rates brush 7%, weighing on buyers, sellers and further straining a bleak housing marketUS mortgage rates have climbed close to 7%, putting further pressure on an already sluggish housing market. The average 30-year fixed mortg...
17 Sep, 2026, 11.42 PM IST
What is an approved project and why does it matter when buying a home?Securing lender approval for real estate projects significantly simplifies the home loan process. Each project is meticulously evaluated th...
17 Sep, 2026, 05.47 PM IST
SC asks RBI to secure compliance of norms on seizure of financed vehicles by NBFCs, banksThe Supreme Court mandated the RBI to enforce lawful vehicle repossession rules. Financial institutions cannot seize vehicles without due l...
16 Sep, 2026, 08.39 PM IST
Global Market | China’s slower loan growth is becoming the new normal: PBOC Governor Pan GongshengChina’s slower loan growth is emerging as a new normal as weakening property and local government sectors reduce credit demand faster than ...
16 Sep, 2026, 02.13 PM IST
Vi eyes Rs 35,000-cr loan to fund next decade's capexVodafone Idea is arranging a significant loan to fund its capital expenditures. State Bank of India has approved a substantial portion of t...
15 Sep, 2026, 04.54 PM IST
Bengaluru CA took a Rs 1 crore home loan for 30 years. She shares how Rs 4,000 extra a month could save Rs 42 lakhBengaluru CA Meenal Goel explained how small, consistent home loan prepayments could potentially reduce interest costs significantly. Her p...
15 Sep, 2026, 01.27 PM IST
BFSI hiring shifts beyond Mumbai hubs as credit, fintech, insurance roles gain: ReportMumbai's BFSI jobs are shifting to satellite areas, with 44.1 percent of postings in FY26. Hiring in Navi Mumbai and Thane grew significant...
15 Sep, 2026, 12.48 PM IST
South Africa agrees $1 billion infrastructure loan with New Development BankSouth Africa has secured a one billion dollar loan agreement. This funding from the New Development Bank will facilitate crucial municipal ...
15 Sep, 2026, 12.42 PM IST
First-time borrowers deepen credit reach: Credit uptake among eligible Indians more than doubled to 74% in March from 35% in 2017Consumer durable loans are leading new-to-credit customers into institutional borrowing. Gold loans and microfinance also significantly con...
15 Sep, 2026, 12.25 AM IST
SoftBank gets upsized $11.9 billion loan in OpenAI funding pushThe latest borrowing would add to SoftBank’s wave of recent debt financing activities tied to its bet on OpenAI. That includes a $10 billio...
14 Sep, 2026, 08.08 AM IST
Couple earning Rs 3 lakh per month reject Rs 1.5 lakh EMI: How they avoided a home loan trap, CA explains the mathA Gurgaon couple earning Rs 3 lakh a month decided against buying a Rs 2 crore home that would have required an EMI of around Rs 1.5 lakh. ...
13 Sep, 2026, 11.57 PM IST
- ₹2.5 lakh salary but 84% vanishes before month starts: 29-year-old married Bengaluru professional shares what looks like a story of every third corporate worker
Despite a monthly income of ₹2.5 lakh, a Bengaluru professional finds himself under financial pressure due to hefty EMIs and credit card pa...
12 Sep, 2026, 10.29 AM IST
Student or parent: Who should be the primary borrower for education loan? Check repayment and tax implications before decidingDetermining whether a parent or a student should take on an education loan is an important decision. Although the student is the main borro...
09 Sep, 2026, 03.18 PM IST
Should homemakers buy a term plan? Here’s why their unpaid work has real financial valueThe contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insur...
07 Sep, 2026, 12.36 PM IST