Latest Updates Around The World
Credit guarantees worth ₹11,926 crore were approved in 2022-2023, rising to ₹23,359 crore in 2023-2024 and to ₹39,989 crore in 2024-2025 | Photo credits: IndoImages Maharashtra has recorded a sharp increase in the number of credit guarantees approved for micro and small enterprises (MSEs), including those in rural areas, under the credit guarantee scheme (CGS) […]
As PhonePe prepares for its much-awaited IPO, the domestic digital payments industry is witnessing a strategic gap between raw transaction volume and merchant monetization. While PhonePe currently commands a massive 51 percent share of the Unified Payments Interface market, compared to Paytm’s 6 percent, recent insights from leading broker Investec suggest that the battle for […]
India’s state-owned banks are resisting a broader foreign withdrawal from the country’s equities and are attracting inflows as lenders offer better valuations and stronger growth prospects. Foreign investors have stakes in major state-owned lenders including State Bank of India Ltd., Bank of Baroda, Canara Bank Ltd. and Punjab National Bank, increased to the highest level […]
The growth of digital payments adoption in India is moderate but stable. Data from the RBI’s Digital Payment Index (DPI) shows that growth has stabilized at around 11 percent year-on-year since FY23, marking a shift from the sharp acceleration seen during the pandemic years to a more measured growth phase. The DPI, based on March […]
What happens when two theater kids get into the world of financial planning and decide to turn money lessons into must-see YouTube? Julia and Philip Olson, the creators of PBS’s 2 centsdiscuss their unconventional path, early money missteps, and share why storytelling is as important as spreadsheets when it comes to finances. Their 2 Cents […]
Quick answer: A settlement worth $240 million has been reached Bickerstaff v. SunTrust Banka 15-year class action alleging that SunTrust’s overdraft fees were actually illegal interest charges under Georgia law. If you were a Georgia resident with a SunTrust account and paid overdraft fees on debit card or ATM transactions of $500 or less between […]
Quick answer: The CFPB ordered Navient to pay $120 million — $100 million in direct payments to borrowers and a $20 million civil penalty — for years of student loan repayment failures. Payments began on February 13, 2026. If you qualify, no claim form is required; checks will be automatically sent by the settlement administrator, […]
Student loan scammers are having a banner year — and uncertainty over federal repayment rules is making matters worse. With the SAVE plan in legal limbo, IDR recertification deadlines shifting, and political uncertainty surrounding the Department of Education itself, millions of borrowers are confused about what they owe and when. Scammers know this. They call, […]
Nearly 3 million people with Medicare Advantage plans — or about 10% of all enrollees in the privately managed program — had to seek alternative coverage by 2026 as health insurers exited the market and scaled back plan options, according to a study published Wednesday in a medical journal. Members in rural areas experienced plan […]
