The Indian microfinance lender CreditAccess Grameen continues to grow its loan portfolio and increase asset quality outside of Karnataka due to new regulatory hurdles in that state. The February 2025 report from CreditAccess indicated that its overdue loan portfolios (PAR)…
Tax Implications: Rental Income and Deduction of Interest on Home Loan Question: How is the rental income taxed, and how can I minimize the tax payable when I have to claim a deduction on interest paid on the home loan…
In the current global financial environment, the Reserve Bank of India (RBI) has kept the repo rate at 6 percent. of the total down from 8% recorded in April last year to 5%. However, several executives are increasing this Marginal…
SBI has raised the MCLR for the third time in a row The State Bank of India (SBI), the largest bank in India in terms of assets, has again hiked the Marginal Cost of Funds-based Lending Rate… This adjustment will…
