Loans

In a significant development in the investigation of a Rs 220 crore bank fraud involving Sharon Biomedicine Limited (SBML), the Enforcement Directorate (ED) has intensively seized immovable assets worth Rs 79.78 crore. This seizure, which took place on January 24, included flats, plots, hotels, and

The Saving on a Valuable Education (SAVE) Plan, designed to alleviate the financial burden of student loans by reducing monthly payments and leading to quicker loan forgiveness, faces an uncertain future amidst brewing legal challenges and a shift in the presidential administration. With eight

The Farm Credit System in America, established by Congress in 1916, is a cornerstone of agricultural finance, providing a stable and reliable source of credit for the agricultural community. In recent years, the system has shown a strong commitment to young and beginning farmers, with 65,900 new

The sharp rise in credit card defaults in the United States has become a growing concern for financial institutions and consumers alike. According to The Financial Times, leveraging data from BankRegData, U.S. credit card defaults surged to an unprecedented $46 billion from January through

The financial landscape of mortgages extending into the retirement years has become a subject of growing concern, particularly for those in their thirties and forties. Recent research by Steve Webb of LCP has highlighted that 40% of new mortgages taken out in the second quarter of 2024 are

The Bank of America Preferred Rewards program is designed to reward customers for consolidating their financial assets with the bank. By integrating checking, savings, investment, and retirement accounts under Bank of America and Merrill, customers can unlock a range of benefits that enhance their