Loans
Used LIC policy as collateral for a loan? Know what the lender can do if you fail to repay the outstanding dues
A recent NCDRC ruling explains what happens when an LIC policy is assigned to a bank as security for a loan. The commission held that LIC was not at fault for surrendering the policy on the bank’s instructions after the loan remained unpaid.
3 min read27 Aug 2026RBI wants lenders to show their cards. What will change for borrowers?
The RBI wants banks and NBFCs to follow clearer rules on loan spreads, rate revisions and APRs. The changes could make borrowing easier to compare, but may also push lenders to price risk upfront.
7 min read27 Aug 2026Indians are turning in their gold for cash and loans—but this may not be a sign of household distress
Even large Indian jeweller chains like Kalyan and Tanishq are offering customers cash for their old gold, even as RBI data shows an upswell in gold loans. Does this reflect financial distress—or an attitudinal shift that could work in favour of the economy?
2 min read25 Aug 2026Navi’s UPI growth fuels NBFC arm’s loan expansion
Navi Finserv plans to explore segments such as merchant financing and loans against mutual funds, says MD and CEO Abhishek Dwivedi.
4 min read19 Aug 2026How big a worry is revolving credit offered by India’s shadow lenders? It can be sandbox-tested
Revolving credit is risky. It can lead debtors into debt traps, while juggled credit lines can create systemic stress. But India’s credit market needs rivalry and barring shadow banks from offering flexi loans may throw the baby out with the bathwater.
3 min read18 Aug 2026Govt weighs scrapping performance bank guarantees for MSME contracts
The development assumes significance as MSMEs accounted for 50% of the central government’s ₹2.30 trillion procurement of goods and services in FY26. As per rules, MSMEs that get a government order valued at over ₹1,00,000 must furnish a performance bank guarantee worth 3-10% of the project value.
4 min read18 Aug 2026RBI loan rules 2026: Banks may need borrower consent to change loan benchmark; know what happens to your EMI
RBI has proposed new rules requiring lenders to obtain borrower consent before migrating existing benchmark-linked loans to a new framework. The draft also says the migration cannot increase the prevailing interest rate or attract any fee.
3 min read17 Aug 2026Retail lending slows at banks in Q1 as corporate loans pick up pace
Banks attribute the strong growth momentum in corporate loans to a pick-up in demand from sectors such as renewables, power and data centres.
4 min read13 Aug 2026RBI proposes tighter loan pricing rules: External benchmark norms, APR caps and key changes explained for borrowers
The RBI has proposed a common framework for loan pricing, including benchmark-linked rates, board-approved pricing policies and tighter rules on loan spreads. The draft also proposes APR caps for small-value and microfinance loans.
3 min read13 Aug 2026El Niño impact on rural borrowers easing as rains improve, says Muthoot Microfin
The improving rural environment allows Muthoot Microfin to accelerate its strategy of diversifying beyond traditional group lending.
4 min read10 Aug 2026Wait for it…
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