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Savings to consumption via debt—warnings from India’s households
Livemint· 1 day agoFirst, in September, data showed that the net financial assets of Indian households fell to a near-five-decade low of 5.1% of GDP in 2022-23, as their liabilities rose 76% year-on-year due to ...
Credit card spending upwards despite rise in risk weights, says Visa
Business Standard India· 3 days agoRBI had increased the risk weighting on unsecured lending, including personal loans and credit card...
Debt-ridden Textile Trader Commits Suicide Alleging Threats | Surat News - Times of India
The Times of India· 4 days ago2 Surat: A 52-year-old textile trader in Godadara died by suicide by consuming poison at his house,...
SBI loan against mutual funds: How to avail, interest rate, processing fee - The Economic Times
The Economic Times· 4 days agoState Bank of India (SBI) launches an online loan facility against mutual fund (MF) units via...
It’s time that the stock market is made accessible to retail investors without the risk of punting...
The Economic Times· 10 hours agoHouseholds will not, and should not, resort to stock trading as their tool to manage surplus funds....
NBFCs drive 20% surge in auto loans in Gujarat | Ahmedabad News - Times of India
The Times of India· 3 days agoAhmedabad: Gujarat’s automotive market is revving up, driven by a remarkable surge in demand for passenger cars. This trend is fuelled by diverse financing options provided by banks and non-banking ...
Stora Enso secures €435m loan from EIB for packaging site upgrade
Packaging Gateway· 3 days agoThe wood fibre is sourced from sustainably managed forests in the Nordics, and the boards are...
Tax practitioners seek rationalisation of personal Income Tax from government
Republic World· 1 day agoThe memorandum also addressed the tax rate under section 115BBE on unexplained cash credits and...
Tax practitioners' urge govt to rationalise personal income tax
CNBC Awaaz· 1 day agoA direct tax practitioners' body on Sunday urged the government to reduce personal income tax burden...
Why your credit score is not improving despite timely payments: Know more
Business Standard India· 5 days agoPeople are flummoxed when they make loan and card payments on time but their credit score does not...