Tag: Credit

The Reserve Bank of India’s new real-time cheque clearance system, aimed at improving ef ciency, is facing glitches, with some customers complaining about delays. ET takes a look back at how cheques have evolved over...
The rupee strengthened by 7 paise to close at 88.72 against the US dollar on Friday, buoyed by positive domestic market trends and a broad decline in crude oil prices, PTI reported. Forex...

Earnings pressure likely on OMCs as crude prices climb: ICICI Securities

ICICI Securities has highlighted a diverging earnings outlook for Indian oil and gas companies amid ongoing geopolitical tensions in the Middle East and...

U.S. Department of Education Resumes Collecting Defaulted Student Loans

The U.S. Department of Education recently announced that, effective May 5 2025, it will resume collections of defaulted federal student loans.  The department...

Get free trips, earn flexible rewards, and enjoy generous travel benefits

Travel credit cards aren’t only for jet-setting world travelers. You can score deep discounts and valuable perks whether you only fly...

CFPB Finalizes Rule Removing Medical Bills from Credit Reports

We first posted about this back in June;  The Consumer Financial Protection Bureau (CFPB) recently finalized a rule they say will remove around...

Share of Americans Taking Advantage of Buy Now, Pay Later

Statista says “Buy Now, Pay Later” (BNPL) services have gained popularity as an alternative to credit cards or other “traditional” payment methods.  In...

L&T Finance on track to build retail focused loan book with improved asset quality

L&T Finance has lost 16% on bourses over the past three months amid rising regulatory scrutiny over the micro finance and unsecured consumer...

Moody’s upgrades Vedanta Resources’ corporate family rating to B2

Moody's Ratings on Wednesday said it has upgraded the corporate family rating of Vedanta Resources Ltd (VRL) following its successful liability management exercises....

Sebi allows mutual funds to buy, sell credit default swaps

Markets regulator Sebi on Friday allowed mutual funds to both buy and sell Credit Default Swaps (CDS), a move aimed at increasing liquidity...

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