Borrowers considering early partial loan repayments face a choice between shortening the term or reducing monthly payments, with the decision driven by income stability and financial priorities, experts say. When borrowers make a partial early repayment, banks usually offer two…
Kotak Mahindra Bank introduces a hybrid home loan product allowing borrowers to fix their interest rate for up to 65 months, providing greater EMIs certainty amid fluctuating rates. Kotak Mahindra Bank has introduced a hybrid home loan that lets borrowers…
Despite having health insurance, many Indian families find cancer treatments financially overwhelming, exposing gaps in coverage that leave patients paying most costs out of pocket amid rising treatment expenses. Kanchan Pande’s experience has laid bare a gap that many Indian…
A Pune nurse was duped out of Rs 4 lakh after a deepfake video of the late industrialist Ratan Tata was exploited to promote a fraudulent share investment scheme, highlighting the rising misuse of synthetic media in scams. A nurse…
Authorities in Cần Thơ warn of a new, more convincing fraud method that combines fake delivery calls with impersonation to pressure victims into multiple money transfers, highlighting the importance of verifying support channels and resisting urgency tactics. Calls from a…
Hyderabad police reveal that more than ₹102 crore has been stolen from senior citizens in recent months, as scammers increasingly use sophisticated digital tricks including fake investment schemes and digital arrest scams, prompting renewed calls for vigilance and rapid reporting.…
Experts warn that habitual spending on convenience and lifestyle items may erode savings and borrowing power, highlighting the importance of establishing a ‘Freedom Fund’ to secure a future home. Small, repeated purchases may seem harmless, but property advisers say they…
Self-help groups have transformed small savings into a community-based financial system that challenges traditional formal banking models, prioritising trust, accessibility, and cultural relevance for women in rural India. Self-help groups have long been presented as a route to cheap credit,…
A Mumbai employee was duped into transferring ₹1.98 crore after fraudsters impersonated a senior executive on WhatsApp, highlighting escalating corporate cyber scams and the importance of verification protocols. A Mumbai company employee has lost ₹1.98 crore in a WhatsApp impersonation…
Apple is preparing to launch its digital payment service in India by late 2023 or October, focusing initially on credit card transactions on global networks amid ongoing negotiations with local banks over interchange fees and regulatory approvals. Apple is preparing…
Two women in Dehradun lose a total of Rs 4.13 lakh to cyber criminals using sophisticated tactics like search engine manipulation and fake prize offers, amid a sharp rise in digital scams across India. Two women in Dehradun have lost…
Frustrations over reliability and limited US stock coverage on Groww and INDMoney push experienced Indian investors towards established international brokers, highlighting a gap in market depth and trading features. Some Indian retail investors using Groww and INDMoney have been voicing…
