Tag: personal loan

Subhash Chandra said he had only provided personal guarantees for loans taken by companies associated with the Essel Group, not personally borrowing money. (HT Photo)
Posted in Business

Subhash Chandra case: Why banks lose money in personal guarantor claims

The insolvency court’s approval of Zee Group founder and chairman emeritus Subhash Chandra’s ₹6.5 crore repayment plan has raised questions about how much banks can…

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The RBI’s Financial Stability Report shows that 58% of aggregate household debt in India comprises non-housing retail loans. (Getty Images/iStockphoto)
Posted in Business

Your Money: How can you climb out of a debt trap?

Bhuvanaa Shreeram felt liberated when she started earning for herself more than 24 years ago. It meant she could begin repaying her education loan. She…

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The personal loans can enable progress, stability, and opportunity when matched with a sound repayment strategy. (Livemint)
Posted in Business

Why Indians are using personal loans beyond emergencies| Business News

Over the last few years, personal loans have evolved from primarily a last-resort credit option to becoming a convenient, adaptable, and quick financial tool that…

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