Repaying an education loan can be a lengthy and financially taxing experience. A woman from Bengaluru, Ar ...More

Repaying an education loan can be a lengthy and financially taxing experience. A woman from Bengaluru, Arpitha Rao, took eight years to pay off her education loan before achieving financial freedom. Her path included overcoming various financial challenges, personal economic struggles, and the extra duties associated with being a mother. ...Less

A Delhi-NCR techie couple allegedly claimed Rs 40 lakh in tax deductions after donating just Rs 50 to a p ...More

A Delhi-NCR techie couple allegedly claimed Rs 40 lakh in tax deductions after donating just Rs 50 to a political party. An Income Tax Department probe uncovered fabricated donation receipts, a ChatGPT-generated Yale education loan certificate, bogus housing loan claims and undisclosed rental income, estimating tax evasion of Rs 5.3 crore over five years. ...Less

Naraka Chaturdashi, commonly called Choti Diwali, celebrates the triumph of light over darkness in many h ...More

Naraka Chaturdashi, commonly called Choti Diwali, celebrates the triumph of light over darkness in many households. As the Diwali festivities approach, families tend to reassess their financial standing and settle any unpaid dues. This ritual holds special significance for trading communities, marking the end of an accounting cycle. While not a religious obligation, managing debts reflects a cultural commitment to financial prudence, ultimately enriching the joyous atmosphere of Diwali. ...Less

It is too early to read a lot into the divergence seen in the stock price movements of private and PSU ba ...More

It is too early to read a lot into the divergence seen in the stock price movements of private and PSU banks on Tuesday. Neither can it be said with any certainty that it had anything to do with FII buying. Against this background, remember: For any investor interested in the banking sector, the price movements should matter less than what the overall Q2 performance of both private and PSU banks reveals. ...Less

Incorrect tax claims may expose taxpayers to a 200% penalty for misreporting and prosecution in appropria ...More

Incorrect tax claims may expose taxpayers to a 200% penalty for misreporting and prosecution in appropriate cases. Section 270AA offers conditional relief upon prescribed payments. For indefensible claims, this route may be preferable to litigation, subject to eligibility. ...Less

Bank of Baroda reported a 35.8% year-on-year rise in standalone net profit to Rs 6,532 crore in Q2FY27. N ...More

Bank of Baroda reported a 35.8% year-on-year rise in standalone net profit to Rs 6,532 crore in Q2FY27. Net interest income grew 9% to Rs 13,026 crore, while asset quality improved, with the gross NPA ratio declining to 1.78%. Global advances and deposits also recorded double-digit growth. ...Less

Despite numerous rounds of counseling, approximately 2,000 MBBS seats in India still remain empty. High t ...More

Despite numerous rounds of counseling, approximately 2,000 MBBS seats in India still remain empty. High tuition fees are deterring potential candidates from enrolling, especially in states like Karnataka and Tamil Nadu, where significant vacancies persist. Authorities are contemplating lowering eligibility cut-offs to fill these spots, prompting discussions on the accessibility of medical education and its future ramifications for students. ...Less

At this juncture, what companies say about their Q2 results, and their outlook for Q3 and Q4, matters a g ...More

At this juncture, what companies say about their Q2 results, and their outlook for Q3 and Q4, matters a great deal – but only to a certain extent. A company can plan only for what is in its control. No management can predict what the US President will decide, or which way the trouble in the Gulf will turn next. ...Less

Do not paint the whole market with one brush. Even in an extended fall like the current one, some parts o ...More

Do not paint the whole market with one brush. Even in an extended fall like the current one, some parts of the economy still manage to hold up. And the surprise tends to come from the corner nobody was watching. ...Less

Akhilesh Yadav has posed twelve significant questions to the Centre about the current state of the bankin ...More

Akhilesh Yadav has posed twelve significant questions to the Centre about the current state of the banking sector. His concerns highlight issues like bank privatisation, high fees, and the challenges faced by customers. He queries the closure of rural branches and the accessibility of loans for young borrowers and small traders. Yadav also addresses cyber fraud, loan interest rates, and the pressure on bank employees affecting customer service. ...Less

If FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely t ...More

If FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be irrespective of how the fundamentals are for the industry. The reason is simple: Higher ownership by institutional investors, especially FPIs. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components, earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Multiple headwinds continue to hit the market, and there is no sign that things will change anytime soon. ...More

Multiple headwinds continue to hit the market, and there is no sign that things will change anytime soon. In these circumstances, the chances are high that the bears will continue to dominate the street. ...Less

The Supreme Court has ruled that private professional colleges can increase fees after admission only in ...More

The Supreme Court has ruled that private professional colleges can increase fees after admission only in exceptional circumstances, such as an unforeseen rise in expenditure. The court struck down a 37% fee hike and an additional development fee imposed on BTech students at Dr BC Roy Engineering College in West Bengal. ...Less

Thanks to the US-Iran conflict, the economy has been dealing with higher oil prices for close to seven mo ...More

Thanks to the US-Iran conflict, the economy has been dealing with higher oil prices for close to seven months. And if inflation starts to creep up, its impact will be felt by many businesses, and banking would be no different. ...Less

Poonawalla Fincorp reported a remarkable net profit of ₹375 crore for the second quarter, marking impress ...More

Poonawalla Fincorp reported a remarkable net profit of ₹375 crore for the second quarter, marking impressive year-on-year growth. The company's loan portfolio expansion contributed to a stellar 75.6% rise in net interest income. Notably, new disbursements made up 28% of the total, exceeding ₹4,400 crore. The gross non-performing asset ratio improved to 1.2%, reflecting enhanced asset quality, while the capital adequacy ratio stood strong at 18.7%, indicating robust financial health. ...Less

The next few weeks are critical, and one should not be in a hurry to make market-related decisions. Bette ...More

The next few weeks are critical, and one should not be in a hurry to make market-related decisions. Better to be cautious – to wait and watch. Let the picture become a little clearer before you act. ...Less

Poonawalla Fincorp reported a substantial increase in net profit for the second quarter, rising over five ...More

Poonawalla Fincorp reported a substantial increase in net profit for the second quarter, rising over fivefold. The company's net interest income and fee income grew significantly, contributing to the profit surge. New loan products accounted for a notable percentage of disbursements during this period, demonstrating the diversification of their offerings. Additionally, improvements in the gross non-performing asset ratio reflect better asset quality management. ...Less

The US Department of Homeland Security has put forth a hefty fee proposal for Optional Practical Training ...More

The US Department of Homeland Security has put forth a hefty fee proposal for Optional Practical Training applications, causing Indian students to reevaluate their plans to study in the US. With rising costs and visa issues at play, many are postponing their postgraduate ambitions and exploring other educational opportunities abroad, leading to a stark drop in applications to US institutions. ...Less

An Indian techie shared on Reddit that he cleared his Rs 40 lakh education loan in 10 months after moving ...More

An Indian techie shared on Reddit that he cleared his Rs 40 lakh education loan in 10 months after moving to the US for an MS in Computer Science. He said he went from a “tierless” university in India to a top 10 US university and later started working with the US State Government as a Data and ML engineer. His story drew praise and humour online, with one user joking that he repaid the loan faster than a Netflix subscription. ...Less

For the last two years, one sector where actual performance has been better than expected has been bankin ...More

For the last two years, one sector where actual performance has been better than expected has been banking. Yes, there were exceptions among small finance banks. But the question now is: Will the situation remain the same given that there are many emerging challenges? ...Less

In August, banks lowered the weighted average rate on fresh rupee term deposits to 5.67%. At the same tim ...More

In August, banks lowered the weighted average rate on fresh rupee term deposits to 5.67%. At the same time, the average lending rate on new loans increased to 8.61%. Public sector banks experienced a decrease in deposit rates, while private banks faced a similar trend. Lending rates varied based on loan types, with personal loans seeing a significant increase. ...Less

Given the current market situation, no sector is immune from headwinds. The banking sector is no exceptio ...More

Given the current market situation, no sector is immune from headwinds. The banking sector is no exception. There are clear short-term headwinds, but the question an investor should ask is: Are these headwinds likely to hit the core business of banks and create some issue that may take a long time to settle? ...Less

Oil prices are still up, and so are bond yields, both in the US and in other major markets. And fresh tro ...More

Oil prices are still up, and so are bond yields, both in the US and in other major markets. And fresh troubles seem to crop up somewhere or the other in the world. That is the reality, and there is no use pretending otherwise. The fact remains that we are living in a world where there is a readjustment taking place. And that is always painful. ...Less

Indian expat and digital content creator Pritesh Jagani has shared the steps he says helped him become a ...More

Indian expat and digital content creator Pritesh Jagani has shared the steps he says helped him become a millionaire while working in the US on an H-1B visa. He described a gradual approach built around budgeting, an emergency fund, debt repayment, financial planning, career growth and regular investing, while avoiding lifestyle inflation as his income increased. ...Less

A 40-year-old investor based in Pune is on a mission to retire by age 50 while providing for her two chil ...More

A 40-year-old investor based in Pune is on a mission to retire by age 50 while providing for her two children’s education. With savings of Rs 1.68 cr from diverse investments, she plans to pay off her home loan by December 2026. Experts suggest she aim for a retirement fund between Rs 4-4.5 cr and adapt her investment strategy as her financial goals draw near. ...Less

Determining whether a parent or a student should take on an education loan is an important decision. Alth ...More

Determining whether a parent or a student should take on an education loan is an important decision. Although the student is the main borrower, having a co-borrower can be beneficial. It’s essential to think about potential future income for repayment rather than merely focusing on admission offers. ...Less

Are you drowning in debt? Explore two effective strategies for repayment: the debt avalanche and debt sno ...More

Are you drowning in debt? Explore two effective strategies for repayment: the debt avalanche and debt snowball methods. The debt avalanche prioritizes high-interest debts to minimize costs, while the debt snowball method focuses on paying off the smallest debts first to enhance motivation. ...Less

ET Wealth Reader's Query: I am 48, planning to fund my son’s MBBS degree at a private medical college. Th ...More

ET Wealth Reader's Query: I am 48, planning to fund my son’s MBBS degree at a private medical college. The fee is about Rs 21 lakh a year for five years. I am in the 30% tax bracket and have sufficient savings, with 90% of my mutual fund portfolio in equity. Should I redeem my investments to pay the fees or take an education loan? If I opt for loan, what repayment tenure would offer the maximum financialbenefit? ...Less

ET Wealth Reader's Query: My sister and I received Rs 37 lakh each from the sale of agricultural land in ...More

ET Wealth Reader's Query: My sister and I received Rs 37 lakh each from the sale of agricultural land in our native place. She has gifted her Rs 37 lakh to me. Will she have to pay capital gains tax on the gift to me? ...Less

If oil prices stay high and push up inflation, it is likely that banking stocks will come under pressure ...More

If oil prices stay high and push up inflation, it is likely that banking stocks will come under pressure because their business will be impacted. But even before the real business is impacted, it is likely that they will see selling pressure because of their FPI-heavy ownership structure. So, clouds of uncertainty hang over the sector’s stocks. But don't confuse the stocks with the business. ...Less

The next time you take some action in the stock market – whether it is buying or selling – ask yourself t ...More

The next time you take some action in the stock market – whether it is buying or selling – ask yourself these questions: Why am I doing this? Is it because the news flow is bad? Or, because the company is in trouble? Or is it because the stock price has come down? Answering these questions honestly will probably help you make better decisions. ...Less

Funding a Rs 1.05 crore MBBS degree requires balancing education goals, retirement security, taxes and bo ...More

Funding a Rs 1.05 crore MBBS degree requires balancing education goals, retirement security, taxes and borrowing costs. Experts suggest phased mutual fund redemptions if the portfolio was created for education, or combining investments with a loan if income is stable. ...Less

State Bank of India is expanding its wealth management services to existing customers. The bank aims to m ...More

State Bank of India is expanding its wealth management services to existing customers. The bank aims to manage significant investments for affluent clients. SBI is also developing new growth engines like acquisition financing. These initiatives are projected to enhance shareholder value over time. Analysts suggest these new ventures will take time to impact profits. ...Less

After crude oil prices, the one thing that provides a boost to the bears is the tariffs that US President ...More

After crude oil prices, the one thing that provides a boost to the bears is the tariffs that US President Trump keeps announcing. Now, there is no way of knowing what will happen in terms of the latest 100% tariff announced around Russian oil imports. Even the person who has signed off on the tariff perhaps does not quite know what he did and why he did it. The market can only hope that nothing truly disruptive to the global economy is actually implemented. ...Less

The way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern Califo ...More

The way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern California, the chances of greater volatility in the global markets is high. Given that the Indian economy and oil prices have a strong correlation, it might be better to think twice before acting in the stock market. And remember this: Don't take any statement by anyone, whether the US president or the CEO of an AI company, as gospel truth. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members. ...Less

Talk of tariffs, especially steep ones, makes the market nervous. Which is exactly why the next few tradi ...More

Talk of tariffs, especially steep ones, makes the market nervous. Which is exactly why the next few trading sessions are critical, and why being in a hurry to take any market-related decision is the one thing to avoid right now. It is better to be cautious, to wait and watch. And let the picture become a little clearer before you act. ...Less

What does it actually take to be considered rich in India? A monthly income of Rs 2.5 lakh may sound high ...More

What does it actually take to be considered rich in India? A monthly income of Rs 2.5 lakh may sound high, but for many people it still does not feel like enough to move beyond the middle class. The answer can change sharply depending on location, family responsibilities, accumulated wealth and the lifestyle a person wants to maintain. ...Less

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Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25 ...More

Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25% CAGR club of Indian financial stocks. The brokerage expects strong earnings and revenue growth over FY26-29, supported by scale, new business initiatives and operating leverage, while maintaining Buy calls on all five stocks. ...Less

At a time when a statement or missile can cause unexplained volatility, expecting rational behaviour in t ...More

At a time when a statement or missile can cause unexplained volatility, expecting rational behaviour in the equity markets is probably expecting too much. But the fact is that rationality finally prevails. And it has to do with earnings and fundamentals and macro-economic order. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR Plus Reports is a complimentary offering to ETPrime members. ...Less

Education loan applications are increasingly coming from smaller Indian cities. Tier II and III cities no ...More

Education loan applications are increasingly coming from smaller Indian cities. Tier II and III cities now represent over eighty-six percent of loan requests. Uttar Pradesh and Maharashtra show the highest volume of these applications. Job training and MBA programs are the most financed courses by students. This trend indicates growing ambition and a focus on career outcomes in smaller towns. ...Less

Another week where the bears were in total control. There is, at this juncture, no point in guessing what ...More

Another week where the bears were in total control. There is, at this juncture, no point in guessing what will happen to the Nifty and Sensex. It depends on many things that have nothing to do with what is happening at the fundamental or technical levels. So, let the storm pass. The stocks we have in our list today have seen an improvement in their overall average Stock Report Plus score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. ...Less

Taking an education loan may be a good idea. It is important, however, for parents as well as children to ...More

Taking an education loan may be a good idea. It is important, however, for parents as well as children to understand the modalities and implications of this step. ...Less

With each passing day, things are getting more complicated in the Gulf region – as well as in the market. ...More

With each passing day, things are getting more complicated in the Gulf region – as well as in the market. When will things get sorted out? No one knows, and anyone claiming otherwise is indulging in guesswork. So, be ready to see a decline in the value of the stocks you hold or buy for some time at least, if not more. And the chances are that volatility will continue in most emerging markets, including India, even if the war ends tomorrow. ...Less

Below are the list of PSU banks providing lowest interest rates on education loan ...More

Below are the list of PSU banks providing lowest interest rates on education loan ...Less

Below are the list of PSU banks providing lowest interest rates on education loan without collateral ...More

Below are the list of PSU banks providing lowest interest rates on education loan without collateral ...Less

The non-performing asset (NPA) level in education loans had increased to 9.55% by December 2020, up from ...More

The non-performing asset (NPA) level in education loans had increased to 9.55% by December 2020, up from 7.61% in March the same year. ...Less

To get an education loan, you first need to secure admission to an accredited college or university. Firs ...More

To get an education loan, you first need to secure admission to an accredited college or university. First, you need to check with the lender if the course or university you are planning to attend is on its approved list. One should keep in mind that while public sector banks typically offer a lower rate of interest, private lenders score on convenience and quick disbursal. So, which one should you go for? ...Less

Below are the list of PSU banks providing lowest interest rates on education loan for overseas study ...More

Below are the list of PSU banks providing lowest interest rates on education loan for overseas study ...Less

Below are the list of private banks providing lowest interest rates on education loan for domestic & over ...More

Below are the list of private banks providing lowest interest rates on education loan for domestic & overseas study ...Less

For education loans above Rs 4 lakh, a personal guarantee is required from a person whose income and repa ...More

For education loans above Rs 4 lakh, a personal guarantee is required from a person whose income and repayment capacity is acceptable to the lender. ...Less

Indian and Chinese students face US visa interview delays. A temporary pause in appointments affects univ ...More

Indian and Chinese students face US visa interview delays. A temporary pause in appointments affects university plans for many. Some students have already deferred their admissions due to this uncertainty. Many are now exploring alternative study destinations like the UK and Europe. Career opportunities remain a key factor in student destination choices. ...Less

NBFC education loan growth is slowing from 77% in FY24 to a projected 25% due to stricter US and Canadian ...More

NBFC education loan growth is slowing from 77% in FY24 to a projected 25% due to stricter US and Canadian visa policies. This shift prompts NBFCs to explore alternative international markets and domestic education segments. While asset quality is currently healthy, risks may increase as a significant portion of loans exit moratorium. ...Less

Reserve Bank of India plans to introduce a "frictionless credit mechanism" to simplify the process of obt ...More

Reserve Bank of India plans to introduce a "frictionless credit mechanism" to simplify the process of obtaining education loans. The new system aims to streamline the application process by eliminating extensive paperwork and complex procedures. Instead, a confirmed digital admission offer will serve as the primary requirement for securing a loan. ...Less

Below are the list of PSU banks providing lowest interest rates on education loan ...More

Below are the list of PSU banks providing lowest interest rates on education loan ...Less

Education loan assets for NBFCs are projected to grow steadily at twenty percent this fiscal year. Divers ...More

Education loan assets for NBFCs are projected to grow steadily at twenty percent this fiscal year. Diversification across study destinations offsets demand impact from US policy uncertainties. Asset quality remains robust and is expected to stay stable during this period. US-linked disbursements declined sharply, while UK and other destinations gained traction. The US share of education loan assets fell significantly as of March 31, 2026. ...Less

Tamil Nadu aims to facilitate education loans for over one lakh students by 2026-27. The state government ...More

Tamil Nadu aims to facilitate education loans for over one lakh students by 2026-27. The state government is committed to ensuring no student faces financial barriers to higher education. Collateral-free education loans up to Rs 7.5 lakh are being extended to students. The minister denied corruption allegations regarding university appointments. The Naan Mudhalvan skill development scheme continues its implementation. ...Less

Education loans typically cover the course fees as well as charges that can be attributed to education wh ...More

Education loans typically cover the course fees as well as charges that can be attributed to education which may include accommodation charges, study material and equipment, travel expenses. etc. The quantum of loan also depends upon the course fee and the total income of the family. ...Less

An education loan can cover accommodation charges, expenses related to the purchase of books and equipmen ...More

An education loan can cover accommodation charges, expenses related to the purchase of books and equipment, examination and library fee, travel expenses, and insurance premium for the student. ...Less

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Avanse Education Loans, a education finance company of DHFL, today forayed into Delhi market offering edu ...More

Avanse Education Loans, a education finance company of DHFL, today forayed into Delhi market offering education loans at 12.25 %. ...Less

In the last three years from 2016-17 to March 2019, the amount of outstanding education loans rose from R ...More

In the last three years from 2016-17 to March 2019, the amount of outstanding education loans rose from Rs 67,685.59 crore to Rs 75,450.68 crore in September 2019, as per data provided by public sector banks. More than 90 per cent of these accounts are standard as on March 31 this year, Finance Minister Nirmala Sitharaman told the Lok Sabha. ...Less

According to rules, you can claim tax exemptions for a maximum of eight years. If your loan tenure exceed ...More

According to rules, you can claim tax exemptions for a maximum of eight years. If your loan tenure exceeds this term, you lose out on deductions. ...Less

However, no decision has been taken to set up a credit guarantee fund for the scheme ...More

However, no decision has been taken to set up a credit guarantee fund for the scheme ...Less

The government plans a nationwide push to expand education lending significantly. Faster approvals and ca ...More

The government plans a nationwide push to expand education lending significantly. Faster approvals and campus outreach will improve student access to finance. Banks will organize camps for on-the-spot loan sanctions at many institutions. Credit guarantee cover for collateral-free loans is also being considered. This initiative aims to ease financial burdens for students pursuing higher education. ...Less

While education loan may help you achieve dream education however it comes with a cost in terms of intere ...More

While education loan may help you achieve dream education however it comes with a cost in terms of interest payment. The mechanism of interest payment differs among the lenders. The type of education loan you opt for and how you utilise your moratorium period, will decide how much repayment burden you will have when you start paying EMI. ...Less

The contributions of homemakers to household management have substantial economic significance that is no ...More

The contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insurance policies. By considering family finances and the income of a spouse, insurers are able to offer tailored coverage for homemakers. Notably, the premiums for these term plans rival those for income-earning individuals, highlighting the importance of thoroughly understanding the specifics of life cover, whether individual or joint. ...Less

At present, banks do not seek collateral on education loans up to 4 lakh, loans above 4 lakh require join ...More

At present, banks do not seek collateral on education loans up to 4 lakh, loans above 4 lakh require joint application and collateral. ...Less

With the fees of most professional courses in India ranging anywhere between Rs 5 lakh and Rs 40 lakh, ed ...More

With the fees of most professional courses in India ranging anywhere between Rs 5 lakh and Rs 40 lakh, education loans are simply unavoidable today. ...Less

Heptulla said the ministry will provide interest subsidy on educational loans for overseas studies for st ...More

Heptulla said the ministry will provide interest subsidy on educational loans for overseas studies for students belonging to the notified minority communities. ...Less

Government-owned banks have decided to provide cheaper education loans to girls by extending a special in ...More

Government-owned banks have decided to provide cheaper education loans to girls by extending a special interest rate discount of at least 0.5 percentage points on the card rate. ...Less

Students from disadvantaged economic backgrounds will no longer face financial problems in pursuit of hig ...More

Students from disadvantaged economic backgrounds will no longer face financial problems in pursuit of higher education as the government is set to launch an interest subsidy scheme on educational loans taken by them. ...Less

Make sure you have a high CIBIL score. A high credit score, which reflects responsible financial behaviou ...More

Make sure you have a high CIBIL score. A high credit score, which reflects responsible financial behaviour, guarantees better loan terms and increased approval chances. ...Less

Deduction on education loan can be taken if the loan is taken from bank or qualified institution for high ...More

Deduction on education loan can be taken if the loan is taken from bank or qualified institution for higher education of self, spouse or children. ...Less

Offering a collateral or a guarantee can help reduce cost of the loan. ...More

Offering a collateral or a guarantee can help reduce cost of the loan. ...Less

Investing, a wise man once said, is a journey; one that needs to be managed carefully. Remember two thing ...More

Investing, a wise man once said, is a journey; one that needs to be managed carefully. Remember two things: One, there is never a “perfect time” to invest – what matters is what you invest in. And two, don’t try to time the market. So, stay focused on companies that have managements with the experience of dealing with difficult situations. The thing, though, is that we are in a geopolitical scenario that gets increasingly difficult with each passing hour. ...Less

As oil prices move up again, how will things pan out for the Indian market? Will it be a standalone under ...More

As oil prices move up again, how will things pan out for the Indian market? Will it be a standalone underperformer? Or is it just a phase where the rising price of crude is leading to fears that the market will again come under pressure in the short term? Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame. ...Less

Employer health insurance offers peace of mind, but what happens when you change jobs? This article explo ...More

Employer health insurance offers peace of mind, but what happens when you change jobs? This article explores the benefits of securing your own health cover in your 20s, even with existing employer protection. Discover how buying early can lead to lower premiums, faster waiting period completion, and long-term financial advantages, ensuring your health security. ...Less

This will help widen the availability of education loans for students. Around 30 regional rural banks (RR ...More

This will help widen the availability of education loans for students. Around 30 regional rural banks (RRBs) will now have the credit shield from the Credit Guarantee Fund Scheme for Education Loans ...Less

The problem is so acute for at least five lenders that the stock of bad loans has more than doubled, with ...More

The problem is so acute for at least five lenders that the stock of bad loans has more than doubled, with UCO Bank and Indian Bank leading the pack. ...Less

State-owned Oriental Bank of Commerce (OBC) has reduced interest rate on education loans by up to 1 per c ...More

State-owned Oriental Bank of Commerce (OBC) has reduced interest rate on education loans by up to 1 per cent on education loans above Rs 7.5 lakh. ...Less

Insurers are now offering term insurance plans specifically for students. These new plans provide afforda ...More

Insurers are now offering term insurance plans specifically for students. These new plans provide affordable life coverage for young individuals. Coverage options extend for thirty to forty years, offering long-term financial security. Optional riders for critical illness and accidental death are also available. This initiative aims to secure financial protection for students early in life. ...Less

The RBI's response was on a clarification sought by the IBA whether the education loans with extended rep ...More

The RBI's response was on a clarification sought by the IBA whether the education loans with extended repayment period be treated as restructured loans. ...Less

You should keep a separate education corpus and start early so that the power of compounding can work. Bu ...More

You should keep a separate education corpus and start early so that the power of compounding can work. But if you fall short, an education loan can bridge the gap. Here’s what you need to know. ...Less

Many students believe that a default in the case of an education loan goes undetected. However, with the ...More

Many students believe that a default in the case of an education loan goes undetected. However, with the presence of credit bureaus, the repayment history can be easily tracked. ...Less

With over 800,000 admission applications received yearly, Australian universities have witnessed an annua ...More

With over 800,000 admission applications received yearly, Australian universities have witnessed an annual increase of approximately 4-5% in enrollments. However, pursuing education in Australia often necessitates students to seek educational loans to support their studies. This article will delve into the process of obtaining student loans, eligibility criteria, documentation and more. ...Less

The decision to prepay the loan must be based on factors that determine your income's best use. Do it if ...More

The decision to prepay the loan must be based on factors that determine your income's best use. Do it if it enhances your financial well-being. ...Less

Dewan Housing Finance Ltd, (DHFL), which is primarily into home loan business, has decided to foray in ed ...More

Dewan Housing Finance Ltd, (DHFL), which is primarily into home loan business, has decided to foray in education loan business. ...Less

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The government was committed to ensure smooth flow of education loans for students. ...More

The government was committed to ensure smooth flow of education loans for students. ...Less

The Indian Banks' Association (IBA) has put together a model education loan scheme that entails a higher ...More

The Indian Banks' Association (IBA) has put together a model education loan scheme that entails a higher quantum of loan. Even as the scheme becomes more expensive, lending standards will become tighter for loans for overseas education. ...Less

Getting an education loan may become easier. The government plans to cushion public sector banks against ...More

Getting an education loan may become easier. The government plans to cushion public sector banks against any default on education loans, the primary reason why PSBs are often reluctant to give out such loans that does not have enough guarantee. ...Less

Facing rising bad loans in high value education loans, banks have geared up to finance vocational courses ...More

Facing rising bad loans in high value education loans, banks have geared up to finance vocational courses as part of govt's skill development agenda. ...Less

Currently, Indian banks are wary of foreign education loans due to stringent US education policies and gl ...More

Currently, Indian banks are wary of foreign education loans due to stringent US education policies and global economic factors. However, despite a decrease in students studying abroad, education loan portfolios in the country are steadily growing. Experts advise careful consideration of ROI and repayment capability before taking a loan. Secured loans are preferable over unsecured ones for larger amounts due to lower interest rates. ...Less

The finance ministry is talking to banks to set up a credit guarantee trust for education loans up to Rs ...More

The finance ministry is talking to banks to set up a credit guarantee trust for education loans up to Rs 7.5 lakh, a senior ministry official said. ...Less

The government plans to cap the spread on student education loans, crimping banks’ profitability that may ...More

The government plans to cap the spread on student education loans, crimping banks’ profitability that may force some to reduce lending, said a person familiar with the development. ...Less

The way things are panning out with the Gulf war, the probability of ever greater volatility in markets a ...More

The way things are panning out with the Gulf war, the probability of ever greater volatility in markets across the globe is high. And higher oil prices is bad news for the Indian economy as it can impact several sectors. So, it is perhaps better to think twice before taking positions in the stock market. And always remember this: Don't take any statement by any of the parties involved as gospel truth. ...Less

Indian student Samir Garhwal says he is facing financial uncertainty after completing his course in Canad ...More

Indian student Samir Garhwal says he is facing financial uncertainty after completing his course in Canada and being denied a post-graduation work permit. After taking an education loan to study in the country, he says he cannot afford another loan to pursue a legal challenge. The dispute has left affected Portage College graduates weighing returning to India or seeking legal remedies. ...Less

Congress unveiled its manifesto for the 2024 Lok Sabha elections, promising to write off all outstanding ...More

Congress unveiled its manifesto for the 2024 Lok Sabha elections, promising to write off all outstanding student education loans due to widespread unemployment. However, while pledging to compensate banks, the manifesto lacks clarity on funding sources. Meanwhile, RBI data shows a 17% surge in education loans in FY 2022-23 after years of stagnation, driven by demand for overseas education. The pandemic's impact led Congress to propose relief measures for exam takers and eliminate government exam fees. ...Less