Home loans continue to dominate India’s borrowing landscape, followed closely by personal and vehicle loans as rising aspirations and lifestyle spending reshape consumer finance trends. While many Indians are borrowing to buy homes, fund weddings, travel or manage expenses, gold and education loans still account for only a small share of total borrowing. The trend highlights changing financial behaviour, growing access to credit and the increasing role of loans in everyday middle-class life across the country.


Why Indians Borrow Money: Home, Personal And Vehicle Loans Dominate

The war with Iran is now hitting Americans where it hurts…borrowing costs. The pressure isn’t limited to housing. Auto loans and credit cards are also feeling the heat.


US-Iran War: Iran War Pushes US Borrowing Costs Higher 

New Research: In a worrying trend for everyday American. Even the most creditworthy consumers are starting to fall behind on loan payments. 
A new report from credit scoring firm vantage score suggests that financial pressure is rising across the board. And if you've got a credit card, car loan or mortgage. This may hit close to home.


New Research: Americans Struggle With Debt Repayments

Amid financial tightening in the market, an intense surge has been witnessed in the demand for gold loans as the gold prices keep rising and access to unsecured credit keeps getting tightened.

Money-Wise: Demand for gold loans sees a surge. Is it a good option?

The new head of Bangladesh's Central Bank said the country is requesting an extra $3 billion in emergency aid from the International Monetary Fund (IMF). This is to recover from the recent political unrest.

Bangladesh seeks $3 Billion IMF emergency aid | World Business Watch | WION

Lenders have recently slashed mortgage rates, a move spurred by the bank of England's latest policy changes. The Central Bank's rate cut has prompted several lenders to offer more attractive mortgage deals, reflecting a broader shift in the market.

UK homebuyers face mixed market signals

Still talking about the Maldives a popular tourist destination known for its luxurious results is facing a potential debt crisis. The International Monetary Fund has warned the island nation is at high risk of debt distress.

Maldives debt soars under China loans

The Reserve Bank of India (RBI) on Monday issued a directive for regulated entities to review their lending practices after instances of unfair practices were discovered during inspections.

Expert View | RBI's latest notification on fair lending practices: How it affects the customer 

Indian digital payment giant Paytm witnessed a staggering 18 per cent decline in its share price on Thursday. This market turmoil followed the company's announcement of strategic plans to slow down its small-ticket post-paid loans.

Paytm share price falls 18pc amid plans to scale back post-paid loans

The startup landscape has faced a challenging year, evident in new data revealing a stark increase in companies struggling to secure funding and a significant number shutting down altogether. according to equity management company carta, 19% of all startup funding rounds in the current year have secured capital at a lower valuation than initially targeted by investors.

Rising loan rates hit startup economy hard | World Business Watch

Tightening the reins on personal loans and credit cards, India’s central banks’ stricter rules are poised to reshape borrowing costs and challenge lenders. Concerns over the rapid growth in these segments led the RBI to instruct banks to set aside more capital. This decision follows repeated warnings from RBI governor Shaktikanta Das about the escalating risks associated with certain personal loans.

India’s central bank tightens rules on personal loans & credit cards

In a revelation which highlights the rot within the Indian banking system the government told the Parliament that the top 50 willful defaulters owe banks and financial institutions over 10.5 billion dollars.

India's 'willful defaulter' crisis

Saudi Arabia has refused to bailout Pakistan. The Kingdom says it can no longer give interest-free loans to Islamabad. Molly Gambhir reports.

Gravitas: 'No more easy money', Saudi Arabia refuses to bailout Pakistan

HDFC Bank India's largest private lender, reported a 18.5% jump in net profit for the October-December quarter. This has been aided by higher top-line and healthy loan growth. Watch further to know more.

World Business Watch: HDFC Bank's net profit jumps by 18.5%

US banking giants are forecast to report lower fourth quarter profits this week as lenders stockpile rainy-day funds to prepare for an economic slowdown that is battering investment banking.

World Business Watch: U.S. banks get ready for profit crunch

Sri Lanka is hoping to get $5 billion from multilateral agencies as loans next year along with an IMF deal, as the government is working towards raising around $3 billion through restructuring of state assets, Sri Lanka’s Foreign Minister Ali Sabry told Reuters on Wednesday.

‘Growth can return’, says Sri Lankan FM, as govt aims to raise $8 billion in loans

Traditional debt crises and crashing currencies point to a brewing economic downturn in many developing nations. Africa has been no different, it is witnessing an economic slowdown, and the prevalence of Covid pandemic has hindered the flow of necessary finances for ongoing infrastructure development projects. We look at the latest rise in loans from the international monetary fund, the pros, cons and the pitfalls of such loans.

World Of Africa: Africa's spiralling debt crisis

Israel's fifth election in less than four years is coming up, it has emerged that the country's political parties are in debt, they owe $47 million dollars to the parliament in unreturned election loans.

Israel: Parties owe Knesset over $47 million in loans

Sri Lanka has defaulted on its debt payments for the first time in its history, a day after the cash-strapped country declared it doesn’t even have money to buy fuel even for one-day.

For the first time, Sri Lanka defaults on its payments

Cash filled suitcases were seized at the border in the UK. Seized money is suspected from COVID 'bounce back loans'. Watch this report to know more.

How did the UK government lose billions in loans? Cash filled suitcases seized at the border

With Sri Lanka's economic situation getting worse, two of the country's major newspapers are suspending their print editions due to a lack of paper. The island is facing its worst economic meltdown since it gained its independence from Britain in 1948.

Two major Sri Lankan newspapers suspend print editions as economic crisis surges

The World Bank said its executive board on Monday approved a $723 million package of loans and grants for Ukraine, providing desperately needed government budget support as the country battles a Russian invasion.

World Bank approves $723 million in loans, grants for Ukraine

Beijing wants to break up Alipay, the hugely popular payments app owned by Jack Ma's Ant Group, and create a separate app for the company's highly profitable loans business, the Financial Times reported on Sunday.

China plans to break up Ant's Alipay and force creation of separate loans app

As on August 31, 2020, around 26.6 per cent of the total customers of NBFCs availed moratorium and close to 44.9 per cent of their total loan outstanding was under moratorium.

NBFCs profitability may dampen due to loan impairment

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