Consumer durable loans are becoming the primary entry point into formal credit for many first-time borrowers in India, but a closer look exposes hidden costs and the potential for overleveraging amid their growing popularity. Consumer durable loans have become the…
Experts warn that comparing policies solely on premiums can be misleading, as hidden clauses like room rent caps and co-payment requirements may significantly reduce payout during claims. Buyers are advised to scrutinise the fine print to ensure comprehensive coverage. Choosing…
The Reserve Bank of India kept its repo rate unchanged at 5.25% in June 2026, boosting its GDP growth forecast to 6.9% amid cautious inflation outlook, reflecting confidence and watchful restraint as economic momentum accelerates. The Reserve Bank of India…
Investors in the 2019-20 Series IV Sovereign Gold Bonds have seen substantial paper gains, but upcoming tax amendments and premature redemption rules introduce new considerations for overall returns. Sovereign Gold Bond holders in the 2019-20 Series IV tranche are set…
India’s recent UPI MDR framework introduces a small transaction fee for mutual fund and securities payments, but industry experts expect the burden to be absorbed by fund houses and service providers, limiting impact on retail investors. India’s new UPI merchant…
India’s markets regulator is intensifying efforts to expand and modernise the municipal bond market, facilitating urban infrastructure funding through innovative financing structures and stricter disclosure norms to support a projected ₹86 trillion urban infrastructure investment by 2031. India’s markets regulator…
Selecting the right personal loan involves more than comparing interest rates and EMIs. Borrowers need to assess total costs, repayment terms, and personal budgets to avoid costly pitfalls, experts suggest. Choosing a personal loan is not just about finding the…
The Supreme Court has ruled that banks and non-bank lenders can only repossess financed vehicles through lawful means, explicitly prohibiting force, stealth, or intimidation, signalling a crackdown on unlawful recovery practices. The Supreme Court has said banks and non-bank lenders…
India’s Supreme Court has directed the Reserve Bank of India to strengthen enforcement of lawful vehicle repossession processes amid concerns over unlawful methods used by lenders, emphasising constitutional protections and borrower rights. The Supreme Court of India has told the…
India’s gold jewellery industry has appealed for an exemption from the recent rise in merchant discount rate charges on high-value UPI transactions, citing concerns over increased operational costs in a sector already burdened by taxes and compliance costs. India’s gold…
