By Michael S. Derby (Reuters) -Overall debt levels held by Americans rose modestly in the final quarter of last year on a ...

Serious delinquencies on auto loans rose to almost 3% in the fourth quarter of 2024, according to the New York Fed.

However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...

Stress in secured loans reflects lingering concerns even after the central bank cracked down on unsecured lending frenzy ...

Reserve Bank of India cuts key interest rate for the first time in 5 years, leading to lower home, auto and other loan rates.

London-based bank Close Brothers said it expected to set aside £165mn to cover the costs of a probe and related court ruling into the potential mis-selling of car finance loans. The bank said on ...

Today’s RBI rate cut is seen as the start of a rate-cut cycle that could lead to a gradual decline in the interest rates ...

Americans are having a harder time managing rising debt burdens and in some cases haven’t been this overextended since the ...

Loan: When people take a personal loan, car loan or home loan, they are cautious, but often become careless while closing the ...

The Reserve Bank of India (RBI) on Friday reduced the repo rate (RR) by 25 basis points (bps) to 6.25 per cent from 6.5 per ...

Closing or pre-closing a loan account requires meticulous attention to detail. Failing to adhere to the procedural guidelines at this stage could result in complications later.