Coronavirus relief bill makes it easier for companies…

The government's stimulus response to the pandemic may accelerate the trend of companies offering student loan assistance as a benefit.Mark Chilton | iStock | Getty ImagesStudent loan assistance, which started as a niche offering by…

Small personal loans up 4.5 times in 2…

(This story originally appeared in on Dec 16, 2020)MUMBAI: Small-ticket personal loans, which were the scourge of the crisis in the same segment a decade ago, are back. This time, they are being driven by…

New stimulus proposal grants a second round of…

Speaker of the House Nancy Pelosi, D-Calif., speaks during her weekly news conference in the Capitol in Washington on Thursday, Sept. 24, 2020.Caroline Brehman | CQ-Roll Call, Inc. | Getty ImagesAs House Speaker Nancy Pelosi…

Banks free to restructure loans, but can’t penalise…

New Delhi: Banks are free to restructure loans but they cannot penalise honest borrowers by charging interest on deferred EMI payments under the moratorium scheme during the COVID-19 pandemic, a petitioner opposing the move said…