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News
Credit report errors: Experts explain common mistakes that hurt your credit score and how to fix them
2+ hour, 21+ min ago (202+ words) A weak credit profile and a low credit score are often associated with missed payments, missed due dates or poor financial habits. However, errors in credit reports can also affect a borrower’s profile. Errors such as incorrect repayment status, outdated…...
Credit card EMI: Is converting a big purchase into EMI always cheaper? Experts explain
2+ day, 2+ hour ago (386+ words) A big-ticket purchase of a product or service can feel manageable on the wallet when it is converted into EMIs, i.e., equated monthly instalments. Still, while smaller monthly payments can improve cash flows and reduce stress, they do not necessarily mean…...
Why risk is becoming more distributed across India???s lending ecosystem
3+ day, 19+ hour ago (280+ words) The lending ecosystem world over has become significantly more interconnected over the past decade. Traditionally, a financial institution was contacted by the borrower, who handled every stage of the lending journey, from customer acquisition and underwriting to funding, servicing and…...
‘Unsalted fries, no onion garlic McAloo Tikki’: McDonald's launches Shravan specials, netizens call it ‘glocalization’ | Today News
6+ day, 22+ hour ago (315+ words) In a new move, McDonald's has launched a Shravan Special menu this season for its customers in India. The menu, which seems to be strictly for the month of Shravan (between July and August), has divided the internet. It consists…...
Digital payments at core??? Here's what Gen Z's UPI payments for essentials, discretionary, travel and subscriptions show
1+ week, 2+ day ago (272+ words) Analysis of millions of UPI transactions, reflecting the spending habits of more than 5.2 lakh salaried Gen Z users by SalarySe showed that digital payments formed the core of the generation's financial management. From managing utility bills, recurring subscriptions and financial…...
Credit card statement date vs payment due date: What is the difference, and why does it matter
1+ week, 2+ day ago (197+ words) Using a credit card responsibly involves more than simply paying the bill on time. Two dates that play a crucial role in managing credit card payments are the statement date and the payment due date. While both are part of…...
Paying rent using a credit card? These common mistakes could lower your CIBIL score
1+ week, 3+ day ago (541+ words) Using a credit card for rent payments might seem convenient, especially for those who seek to manage cash flow or earn rewards. However, the convenience can come with significant costs if you are not careful about how you use your…...
Why the Jio Credit-BofA deal could herald renewed foreign interest in non-banks
1+ week, 4+ day ago (375+ words) Mumbai: India's non-bank lenders could see heightened foreign interest as global financial capital covets the country's booming retail loan market, industry experts said. Bank of America Corp. on Wednesday agreed to acquire up to 49.9% of Jio Credit for $1.9 billion, valuing…...
☕️BofA’s comeback into Indian retail lending
1+ week, 4+ day ago (416+ words) Trouble viewing this email? View in web browser Friday, 14 August 2026 Ever thought how global banks re-enter India without the hassle of branches and street-level lending? Bank of America found its answer. It is buying nearly half of Jio Credit in…...
As India grows, so does its appetite for credit. But who is being left out?
1+ week, 4+ day ago (548+ words) Borrowing today isn’t just about covering a cash shortfall; it’s become a deliberate part of financial planning. People take loans for many reasons: to buy a home or vehicle, to invest in a business, or simply to enjoy aspirational purchases…...