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Bangladesh to secure $1.3 billion from IMF in June after new exchange rate deal

Published on May 14, 2025 13:46 IST

Bangladesh will receive $1.3 billion from the IMF as a loan.

‘Over $100,000 loan, working at McDonald’s: Student says he’s ‘exhausted, broke’

The student shared that despite applying for jobs many times, he still doesn't even get a revert.

Published on May 13, 2025 19:32 IST

Student loan wage garnishment: What it means and 5 ways to avoid it

Millions of borrowers nationwide may face severe repercussions as the US government formally resumes collections on federal student loans that have fallen into default after a five-year hiatus.

Published on May 9, 2025 08:38 IST

Trump administration to resume student loan collections next week

Millions of borrowers nationwide are feeling uneasy as the administration of President Donald Trump announces that it will begin collecting on delinquent student loans for the first time since 2020.

Published on May 2, 2025 01:38 IST

Your Social Security payment could reduce significantly in May, here's why

Social Security payment, IRS refunds could reduce starting May

Published on Apr 22, 2025 08:17 IST

CBI arrests ex-CMD of BECIL in ₹58 cr corruption case

A high angle shot of metal handcuffs isolated on a white background

Published on Apr 18, 2025 03:54 IST

Bank of Maharashtra slashes retail loan rates by 25 bps after RBI cuts repo rate

The Reserve Bank of India (RBI) on Wednesday slashed key interest rates by 25 basis points for the second time in a row to support growth facing the threat of reciprocal tariffs by the US.

Published on Apr 14, 2025 08:40 IST

Balongi man booked for securing ₹36L car loan using fake documents

Police have booked a Balongi resident for fraudulently availing a loan of <span class='webrupee'>₹</span>36 lakh for purchasing a Toyota car after submitting fake documents. (Representational image)

chandigarh news

Published on Mar 24, 2025 04:20 IST

Banks wrote off bad loans worth ₹16.35 lakh crore in last 10 years: Centre

Banks wrote off the highest amount of <span class='webrupee'>₹</span>2,36,265 crore in 2018-19 and <span class='webrupee'>₹</span>1,70,270 crore in 2023-24.

Updated on Mar 17, 2025 09:08 IST

Trump limits student loan forgiveness program for millions of workers: Report

US President Donald Trump speaks during an executive order signing ceremony in the Oval Office of the White House in Washington, DC, US, on Thursday, March 6, 2025.

Published on Mar 10, 2025 04:19 IST

'Modi-made crisis': Congress blames PM as gold loans surge by 71.3%

Citing the February RBI figures, Congress national secretary in-charge of communications Jairam Ramesh noted that gold loans had increased by an astounding 71.3%.

Published on Mar 4, 2025 08:34 IST

What is a payday loan? Benefits, risks, eligibility, and documents explained

Payday loans usually are disbursed instantly for urgent expenditure, the application process is relatively straightforward with less documentation processes, they don't always require a good credit history, and there may also be flexible terms for repayment depending upon the bank.

Published on Feb 28, 2025 10:08 IST

Bank of Maharashtra cuts retail loan interest rate by 25 bps

Similarly, education and other loans linked with Repo Linked Lending Rate (RLLR) has also been reduced by 25 basis points.

Published on Feb 23, 2025 08:31 IST

4 microfinance firms booked after man dies due to ‘relentless pressure’

Investigations revealed that the deceased had taken a <span class='webrupee'>₹</span>2.5 lakh loan. (Representational image)

Published on Feb 17, 2025 22:30 IST

Ghaziabad: 40-year-old man murdered for asking friend to repay ₹20,000

The deceased man’s wife claimed that Farukh owed her husband about <span class='webrupee'>₹</span>1 lakh. Police have registered a case of murder. (Representational image)

Published on Feb 7, 2025 02:28 IST

Here's how to get a ₹50,000 loan with Aadhaar card under PM Svanidhi Yojana

Traders can apply for the PM Svanidhi scheme in a government bank using their Aadhar card, which is mandatory

Published on Jan 7, 2025 07:25 IST

Govt proposes unregulated lending crackdown, may ban loan apps, impose penalties

These measures were first suggested by the Reserve Bank of India’s (RBI) Working Group on Digital Lending in its its November 2021 report.

Published on Dec 22, 2024 08:52 IST

After 1,000 dates in 8 years, this woman sends automatic rejection emails to men

Suzan Mutesi has been on over 1,000 dates in eight years, pursuing her fairytale ending.

Updated on Dec 18, 2024 12:37 IST

Three arrested for killing businessman over debt in Gurugram

The three accused on Monday. (ANI)

Updated on Nov 25, 2024 23:56 IST

Two arrested for duping Ghatkopar bizman of ₹96L

Two arrested for duping Ghatkopar bizman of <span class='webrupee'>₹</span>96L

Updated on Nov 22, 2024 24:24 IST

China unveils new ‘hidden debt’ scheme for local governments

Policymakers approved a proposal to swap six trillion yuan ($840 billion) of hidden debt belonging to local governments for official loans with more favourable terms.

Published on Nov 10, 2024 04:28 IST

4 booked after being named in real-estate investor’s suicide note

4 booked after being named in real-estate investor’s suicide note

Updated on Nov 9, 2024 01:04 IST

PM Vidyalaxmi Scheme: Know about the scheme, eligibility criteria and more

The scheme will be applicable to the top-quality higher educational institutions of the nation, as determined by the National Institutional Ranking Framework (NIRF) rankings.

Published on Nov 8, 2024 10:07 IST

Trump's win brings uncertainty to borrowers hoping for student loan forgiveness

President-elect Donald Trump and his fellow Republicans have criticized Biden's loan forgiveness efforts, and lawsuits by GOP-led states have held up plans for widespread debt cancellation.

Published on Nov 8, 2024 06:37 IST

RBI may act against more NBFCs due to obscure lending practices: Morgan Stanley

Published on Oct 18, 2024 09:05 IST

Biden approves $4.5 billion in student-debt cancellation for 60k public servants

Borrowers eligible for the latest round of relief are expected to see their debt cleared in the coming days and weeks

Published on Oct 17, 2024 11:02 IST

HDFC bank sells $717 million of home loans to reduce credit book

The deals confirm India’s largest bank in market value is intensifying efforts to shrink its retail loan portfolio amid heightened regulatory pressure to improve the sector’s credit-deposit ratios

Updated on Sep 27, 2024 02:30 IST

Americans face credit hit as student debt goes delinquent again

The Government Accountability Office estimated in a report issued last month that about 10 million borrowers – more than one-quarter of the total – were behind on payments as of the end of January. (Photo Credits: Unsplash)

Published on Sep 9, 2024 13:47 IST

The rich can’t sell their art, so they’re borrowing against it

Two members of staff hold the painting by late Franco-Danish painter Camille Pissaro "Darse de peche et bassin Duquesne, Dieppe, apres-midi ensoleillee" (Fishing dock and Duquesne basin, Dieppe, sunny afternoon) during the photocall at the Sotheby's auction house, in central London, on June 19, 2024 ahead of the Sotheby's major Modern & Contemporary art auction of the summer season. (Justin Tallis/AFP)

Updated on Aug 16, 2024 12:57 IST

Banks may soon use your digital footprint to give home loans, here's how

Banks will consider consumption or spending patterns of individuals while making their credit assessment (iStock/Hindustan Times Archive)

Published on Jul 27, 2024 07:17 IST

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