4+ day, 10+ hour ago   (696+ words) For an earlier generation, entering the world of credit was usually fairly obvious. You applied for a credit card, took a vehicle loan or approached a bank when you needed a larger loan. For many young consumers today, that first…...

1+ week, 5+ day ago   (347+ words) Private capital expenditure has started picking up strongly, while the current interest rate environment remains comfortable for economic growth, Punjab National Bank Managing Director and CEO Ashok Chandra said in an exclusive interview to “It has started picking up very…...

2+ week, 1+ day ago   (261+ words) A premium credit card can look tempting when the benefits include airport lounge access, reward points, hotel privileges and discounts. But these cards often come with higher annual fees and spending conditions. Several basic cards, meanwhile, may cost little or…...

2+ week, 6+ day ago   (410+ words) Vodafone Idea (Vi) has moved closer to securing a part of its Rs 45,000-crore funding requirement, with State Bank of India (SBI) agreeing to sanction its portion of the proposed loan. The disbursement, however, will be subject to India’s third-largest telecom…...

3+ week, 3+ day ago   (229+ words) Homegrown private credit firms are wresting a growing share of India’s lending deals from global funds, armed with larger pools of capital and an increasing appetite for bigger transactions. Domestic funds accounted for 74% of private credit deal value in the…...

3+ week, 3+ day ago   (1049+ words) For some people, the idea of spending months saving money for one expensive holiday, luxury hotel stay, designer purchase or fine-dining experience makes perfect sense. They cut back on everyday comforts, keep a specific goal in mind and finally spend…...

3+ week, 6+ day ago   (306+ words) A credit card with a Rs 2,000 or Rs 5,000 annual fee can look expensive beside a lifetime-free card. But the fee alone doesn't decide whether the card is worth keeping. A frequent traveller may recover it through lounge access and rewards,…...

4+ week, 2+ day ago   (699+ words) Private credit market continues to grow strongly, with such deals seeing a 35 percent jump to reach $12.4 billion in India last year. In an interview to Moneycontrol, Kotak Alternate Asset Managers Ltd (KAAML) managing partner Rahul Chhaparwal said India’s private credit…...

1+ mon, 1+ week ago   (370+ words) Most people remember their credit report only when they are about to apply for a home loan, car loan or credit card. By then, finding an unfamiliar account or an incorrect overdue entry can be particularly frustrating. Fixing a mistake…...