Life insurance firms consider 30% cap on commissions for credit life policies

Life insurance companies are on the verge of reaching an agreement to enforce a 30 percent…

NBFCs relying more on bank loans: RBI

Mumbai: Domestic non-banking financial companies (NBFCs), especially those in the upper-layer category, are increasingly relying on…

Mint Explainer: What are ARCs and how have they performed?

Recent deals to acquire stressed assets from banks have put the spotlight back on a category…

Why shadow banks have a place despite HDFC, in 5 charts

A major reason for the long-awaited merger of HDFC and HDFC Bank was costs. In the…

Can a single woman working as a freelancer secure a home loan?

I am a 40-year-old single woman in need of a home loan to buy a 1-BHK…

JM Financial debuts private credit fund to raise ₹600 cr in first close

JM Financial Group has marked the first close of its maiden performing credit Fund – JM Credit Opportunities Fund…

HDFC hikes lending rate by 25 bps; Home loan will be expensive

Image Source: PTI HDFC follows a 3-month cycle to re-evaluate its loans to existing customers. HDFC…