MUMBAI: Traditional insurance policies have a fixed maturity period. Until these policies mature, policyholders cannot withdraw funds. However, if you are facing a temporary cash crunch and don ...

Need quick cash without selling your assets or dealing with endless paperwork? A loan against your LIC policy might be the perfect solution. Since your insurance policy acts as collateral ...

If your loan was disbursed in January, your total rate reduction will amount to 50 bps once your bank resets your interest rate after the April policy action. In such a scenario, your loan tenure ...

Mumbai: The Reserve Bank of India (RBI) has proposed changes to harmonize lending norms across regulated entities. Two major frameworks proposed as part of the monetary policy statement on 9 April ...

The share of external benchmark-based lending rate (EBLR) -linked loans is higher in private banks (PVBs),” stated the MPR. The report noted that after reduction in the policy repo rate by 25 ...

Recent changes to student loan repayment plans under the Trump Administration are leading to confusion and frustration for more than 42 million borrowers, including processing pauses many fear ...

The surge in payment amounts can be traced to specific policy changes and legal decisions affecting how student loans are managed. A federal judge recently blocked President Biden’s SAVE plan ...

Lars Peterson joined Investopedia in 2023 as a senior editor of financial product reviews with a focus on personal loans, credit cards, mortgages, and other financial products and services.

Approximately 9.7 million student loan borrowers fell behind on their payments after the COVID-19 pandemic-era payment pause ended, according to a new estimate from the Federal Reserve Bank of New ...

South Africa’s National Treasury is in talks to secure loans from Germany and the UK under the terms of a climate pact the US walked away from last month. The Treasury said it’s in talks to secure ...