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The HARP program helped borrowers who had mortgage loan balances that exceeded their property value by allowing them to refinance their loan—ideally, at a lower rate. However, this program ...
The Chief Magistrate’s Court in Pader has remanded Lillian Akullu, the proprietor of Benlinna Financial Institution, to Pader Government Prison-Kineni over allegations of obtaining money under ...
Read on to know what borrowers need to do now. Getty Images RBI Monetary Policy Meeting Repo Rate Cut Home loan borrowers are having an excellent year 2025, which started with a 25 basis point ...
That surge in gold loans was despite the central bank's warning in September that it found several irregular practices in the gold loan industry. ANI Among other things, the RBI clarified that a ...
If you're planning to take a gold loan, big changes may be on the way. On April 9, the Reserve Bank of India (RBI) released a draft regulatory framework aimed at making gold-backed loans safer and ...
Repo rate being reduced to 6 per cent is expected to benefit borrowers of car and two-wheeler loans, which are part of the retail loan segment. If banks fully pass on the rate cut, such loan customers ...
The RBI’s second consecutive 25 bps rate cut is expected to lower interest rates on your home loan and personal loan. We take a look at what experts say about benefit to borrowers.(Image ...
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday ended its three-day meeting and announced its decision to cut the key interest rate by 25 bps, bringing it to 6 per ...
Gold loan rules are likely to be tightened by the regulator. Banks and NBFCs reported a phenomenal growth in gold loan outstanding to Rs 1.78 lakh crore as of January 2025, a surge of 76.9 per cent on ...
Home equity line of credit (HELOC) and home equity loan interest rates have been trending downward in 2025, creating valuable borrowing opportunities for homeowners in an otherwise high-rate climate.
A $20-billion loan for the Trans Mountain pipeline expansion authorized by the federal government was actually primarily advanced as equity, new filings reveal. The equity portion, experts say, ...
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