The Credit Availability Warning: Why Big Banks Predict Lower Spending Limits After New $8 Late Fees Bill

Image source: Shutterstock For the past two years, the battle over credit card late fees has been a game of “regulatory ping-pong.” It started in 2024 when the CFPB tried to cap fees at $8, only to have the rule frozen by the courts in 2025. But as of January 15, 2026, the battle has […]

The 1098-Auto Alert: Why Your Auto Lender Needs to Send This New Tax Form by January 31st

Image source: Shutterstock If you’ve been checking your mailbox for your usual W-2s and 1099s, keep an eye out for a newcomer in January: Form 1098-Auto (officially appearing in some systems as Form 1098-VLI). This brand new tax document is a direct result of the One Big Beautiful Bill Act (OBBBA), and for millions of […]

FTC Warning: Influencer ‘Credit Repair’ Hack Is Actually Fraud

Quick answer: The FTC issued an urgent warning on January 5, 2026: Social media influencers are telling people to file FALSE identity theft reports to remove legitimate debt from their credit reports. This is a federal crime that can result in fines, jail time, or both. There is no ‘loophole’: these influencers put your financial […]

Why some couples save more, but still feel less secure

Image source: shutterstock.com Some couples do everything ‘right’ on paper: high income, consistent investing, growing savings and fewer obligations than most households. Yet they still lose sleep over math, second-guessing big purchases and preparing for the next surprise. That uneasy feeling isn’t always about how much money is in the account; it’s about how predictable […]

Banks will impose stricter supervision on priority sector loans purchased through ‘Securitization Notes’

In the case of eligible priority sector loans to self-help/joint liability groups, this limit will apply per member and not to the group as a whole. To determine the priority sector status of the underlying portfolio purchased through ‘securitization notes’, banks may rely on a combination of any certifications from external auditors provided by the […]

RBI Governor highlights governance and asset quality during UCB license review

RBI Governor Sanjay Malhotra emphasized on customer-centric practices, ethical conduct and timely redressal of complaints while highlighting the continued role of UCBs in providing credit to underserved areas and supporting financial inclusion. | Photo credit: KUNAL PATIL/PTI RBI Governor Sanjay Malhotra on Monday underlined the importance of maintaining high governance standards, robust underwriting practices and […]

India will become the fastest growing insurance market, premium growth will rise to 6.9% in 2030: Swiss Re

India’s insurance premium growth will accelerate to 6.9 percent over 2026-2030, surpassing China, US and Western European markets, on strong economic fundamentals, rising demand and regulatory changes, global reinsurer Swiss Re said on Monday. The Indian insurance sector is entering a new era of robust growth over the medium term and will emerge as the […]

Tata AIA Life extends Fortune Guarantee Supreme with premium offset and Power of 6 variant

The plan also introduces a ‘Power of 6’ variant that offers a guaranteed return with an internal rate of return of up to 6 percent, aimed at individuals seeking predictable income for retirement and other purposes. Tata AIA Life Insurance on Monday introduced enhancements to its Fortune Guarantee Supreme savings plan, with a premium offset […]

ICICI Bank shares fall 3% as RBI provision overshadows CEO extension

Shares of ICICI Bank fell 3.03 per cent to ₹1,368.10 on Monday afternoon, even as brokers maintained a positive outlook following the bank’s mixed third-quarter results and announcement of CEO Sandeep Bakhshi’s tenure extension. The stock traded in a range of ₹1,360-1,400 during the session with sell orders dominating at 64.86 per cent, against 35.14 […]