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 ...

One of the biggest benefits of having a life insurance policy is that you can avail of loans against it in case of requirement. However, not all life insurance policies are eligible for loans.

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 ...

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 ...

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 ...

(Bloomberg) -- The Chinese central bank’s new way to price its one-year policy loans may lead to a stealth reduction in funding costs for lenders, easing their pressure from elevated market ...

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 Department of Energy’s Loan Programs Office is poised to lose more than half of its current staff, as nearly 60% of its workforce has sought to opt into the Trump administration’s deferred ...

A lower policy rate is aimed at bringing down interest rates on bank loans, which makes borrowing easier for consumers as well as businesses, resulting in higher consumption and investments in the ...

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 ...