Borrowers’ increasing focus on remortgaging in July signals ongoing market activity and competitive pressure, despite broader economic uncertainty, according to Twenty7tec. Residential remortgage demand climbed in July as borrowers continued to shop around ahead of fixed-rate expiries, according to Twenty7tec,…
Experts warn that informal lending to relatives without clear limits can undermine relationships and cause financial stress. Establishing written agreements and recognising warning signs are key to safeguarding both family bonds and finances. Lending money to a relative can seem…
Investigators in Noida have uncovered a widespread online investment scam using WhatsApp and Telegram to target victims with fake stock profits, leading to arrests and the seizure of illicit funds linked to a larger cybercrime operation across India. Police in…
Telangana Cyber Security Bureau has cracked a call centre network operating from Delhi, arresting 22 individuals including women telecallers, in a scam linked to over 22 complaints involving false loan offers and extortion tactics. The Telangana Cyber Security Bureau has…
The Indian government is developing a new online process for taxpayers to apply for reductions or exemptions in tax deducted at source, aiming to simplify procedures and enhance transparency as digitalisation accelerates across the tax department. The Indian government is…
Indonesia’s financial regulators are intensifying efforts to close the widening gap between the high levels of financial access and the comparatively lower financial understanding, as digitalisation boosts inclusion but complicates risks. Indonesia’s financial regulators are stepping up efforts to close…
A Hyderabad consumer commission has mandated Aditya Birla Health Insurance to reimburse a senior citizen’s hospital expenses, restore his policy, and pay compensation after ruling that the insurer failed to substantiate its claim denial over allegedly non-disclosed hypertension. A Hyderabad…
Small changes in summer spending habits, from reviewing subscriptions to planning ahead, can help households save without missing out on seasonal fun, according to financial experts. Summer often invites looser spending, with holidays, barbecues and spur-of-the-moment trips making it easier…
Homeowners facing negative equity are encouraged to understand their loan details early, contact their servicer, and explore available relief options to avoid further financial hardship amid rising mortgage uncertainties. For homeowners who owe more than their property is worth, the…
Two residents of Mysuru have lost a total of Rs.27.58 lakh in separate online frauds linked to fake investment pitches on Facebook, exposing ongoing exploitation of social media and mobile apps for scam trading. Two Mysuru residents have lost a…
