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MORTGAGE UNDERWRITING CHANGES INDIA
“I could not imagine living back in the US full-time”: Family leaves New York, buys $13,000 home in Italy and later purchases a second propertyA New York family found an unexpected escape in rural Italy, purchasing a home for a mere $13,000. This move not only granted them mortgage...
The Japan-India Summit: Strategy maturing into substanceJapan's Prime Minister Sanae Takaichi's visit to India signals a deepening economic partnership, focusing on resilient supply chains and hi...
RBI seeks bigger money market access: What draft proposals mean for NBFCs and companiesThe RBI has proposed widening participation in India’s term money market by allowing eligible NBFCs, mortgage lenders, companies and financ...
Passport service charges to rise by up to 139% from July 1, 2026: Check revised fees for fresh passports, renewals and tatkal servicesPassport application fees are set to rise significantly from July 1, 2026. Both regular and Tatkaal applications for new passports, reissue...
Heat stress becoming a serious risk for MSMEs and workers: ReportsRecent studies by WRI India and HeatWatch reveal that heatwaves are disrupting production, increasing operational costs, reducing worker pr...
Startup seed rounds double as VCs turn more selectiveIndian startups are securing significantly larger seed and early-stage funding rounds, nearly doubling their average cheque size. This tren...
India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
India's retail lending sector entering multi-decade growth cycle driven by digital transformation, financial inclusion: ReportIndia's retail lending sector is poised for decades of growth, fueled by digital innovation, financial inclusion, and rising incomes. Housi...
US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
India's growth story runs through waterIndia's ambitious industrial expansion faces a critical hurdle: water scarcity. As manufacturing's GDP contribution targets 25%, companies ...
Dangerous humid heat days in India increase due to climate change: AnalysisIndia is grappling with a significant surge in dangerous humid heat days, escalating from 101 annually in the 1970s to 141 days per year by...
Banks boost renewable energy credit by 7% in April amid energy security concernsBanks are boosting credit to renewable energy projects, with a 7% jump in April, as global conflicts highlight India's reliance on oil. Thi...
SREI Finance withdraws plea against Nirmal Lifestyle Mulund’s revival plan at appellate tribunalA key creditor has withdrawn its appeal against Nirmal Lifestyle's resolution plan after the buyer, Mantra Properties, clarified a disputed...
Indian banks turn cautious on MSME lending as stress signals emerge: ReportIndian banks are becoming more cautious about lending to MSMEs as early signs of stress emerge in the sector. According to a 360 ONE Capita...
Home loan insurance: Protecting the dream home without paying more than you need toHome loan insurance is emerging as an important financial safeguard for Indian homebuyers, helping families manage outstanding loan liabili...
Insurers face margin pressure amid rising competition, costs; rural protection gap persists: ReportIndian insurers are feeling the pinch from fierce price wars and increasing operational expenses. To thrive, they must manage capital wisel...