Being the second-most populous country in the world, India always had the need for credit. But with the complex lending process and the unwillingness of financial institutions to lend money to low/absent credit scores, people were left with no choice but to borrow from friends or families. Since there was a lot of white space created, the new-age lending platforms …

The Haryana government will bear three months interest on education loans taken by thousands of students in the state, Chief Minister M L Khattar announced here on Wednesday. “Haryana government will pay the interest of three months of all those students who are completing their education this year or who have already completed their education in the previous year, but …

MYSURU: Borrowers are worried as micro-financing firms, private banks and some primary co-operative societies have stepped up pressure for recovery of loans, going against the spirit of Reserve Bank of India’s moratorium relief. With the lockdown norms relaxed, their agents have entered the villages knocking at the doors of the borrowers asking them to pay the weekly instalment. A few …

The government on Friday announced a slew of measures to ensure that loans for home, vehicles and consumer goods become cheaper and widely available through banking and non-banking finance companies. Addressing the media here, Finance Minister Nirmala Sitharaman also said that banks will pass on RBI rate cut benefits to borrowers through MCLR reduction. She said that banks will launch repo …

If you’re looking to advance your career or increase your earning potential, going back to school for a master’s degree or professional certification can be an important step. However, the cost of returning to school can be expensive. According to education resource Peterson’s, tuition at a public university totals nearly $30,000. A private university could cost you close to $40,000. If …

Paying for school can feel like a huge burden, especially as the cost of college continues to increase. Even public universities — typically a much cheaper option than private schools — saw a 7.2 percent price hike during the 2015-2016 school year. With a higher education costing more than ever, finding affordable financing options is essential. One of the best places …