Collateral-backed loans were a safe space for banks. Maybe not any longer
Stress in secured loans reflects lingering concerns even after the central bank cracked down on unsecured lending frenzy ...
India private banks see higher levels of small loan defaults until mid-2025
Indian private banks say they expect increases in defaults on small and personal loans due to slower economic growth to ...
Lessons from India’s fintech revolution
Unlike consumers in the West, who adopted mobile banking after having used e-banking and card payments (using computers), ...
Last chance to book fixed deposits (FDs) at these interest rates: Check latest rates offered by top 7 banks
RBI recently cut down repo rate by 50 basis points, so there is an expectation that banks would bring down the interest rates ...
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HAL to start deliveries of Tejas Mk-1A to IAF by end of 2025; GE and HAL discuss ToT for engines
The Tejas Mk-1A represents a leap in India’s defence production, with significant updates from the earlier Tejas variants, including advanced avionics and weaponry. HAL’s production capabilities are ...
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New Delhi World Book Fair 2025 draws over two million visitors in nine days
With people from all walks of life attending the fair’s 32nd edition, publishing houses noted that the literary choices of ...
Make the most of the repo rate cut, book FD with interest rate up to 9% before banks start reducing the interest rate
The Reserve Bank of India has reduced the repo rate, leading banks to soon lower fixed deposit interest rates. Small finance ...
Shein returns to India
Nearly five years after it was banned in India amid border tensions with China, low-cost fashion brand Shein is back. After ...
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Central Banks Increase Gold Reserves By Over 1,000 Tonnes for the Third Straight Year
Central bank gold demand topped 1,000 tonnes for the third straight year in 2024. It was the third-largest expansion of ...
US consumer bureau upheaval leaves consumers adrift, experts say
The Trump administration's rapid dismantling of the U.S. consumer protection watchdog will have broad implications for ...
Last window for FD investors to book FDs at higher rate has officially started as RBI cuts repo rate after a 5 years gap
RBI has reduced the repo rate by 25 basis points for the first time in almost five years. Retail inflation remains a concern, ...
Fixed deposits: Book FD schemes at higher interest rates of 8% or more before banks slash rates; check details
The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...