If you’re an older homeowner looking for an infusion of cash, a reverse mortgage could seem like a no-brainer. there is no minimum credit score requirement and — as long as you stay current with your insurance premiums, home repairs and property taxes — no payments is due until you sell the house, stop living
The growth in bank loans to India’s micro, small, and medium businesses slowed down to 14.8% in the financial year ending March 2025, compared to 20.9% in the year earlier, according to data from the latest annual report released by the Reserve Bank of India (RBI) on May 29. The slowdown is significant considering the
KARACHI: In pursuit of innovation and excellence in customer service, National Bank of Pakistan (NBP) has successfully completed a major upgrade of its banking technology platform. This strategic enhancement demonstrates NBP’s ongoing commitment to harnessing modern innovations to streamline operations. The improved banking platform introduces a suite of enhancements, including accelerated transaction processing, significantly reduced
Despite transatlantic tensions, several U.S. groups are expected to announce major investment projects, including logistics group Prologis, which will invest around €6.4 billion in new logistics facilities and data centers, and Amazon (€300 million). British digital bank Revolut will also invest €1 billion and ask French authorities for a banking license, while Spanish telecom infrastructure
By Mahesh Nayak The digital banking unit (DBU) initiative — banks’ attempt to connect with the unbanked and the underbanked population using their digital prowess — largely remains on paper three years since its launch, with banks adding just 25 units to the initial 75. Several bank officials FE spoke to remained sceptical about the
Fears of an economic slowdown are expected to prompt a Bank of England rate cut next week – with more to follow – leading to potentially big savings for millions of mortgage borrowers The Bank of England could slash its base rate to 3.75% this year in a boost to the home sales(Image: Yui Mok/PA
Rabat — With the growing use of digital and online tools in bank services, like remote transactions, payments, and loan applications, Bank Al-Maghrib (BAM), Morocco’s central bank, has released a practical security guide to help customers protect themselves from the growing digital crimes. Today’s banking customers can check balances, transfer money, and even apply for
Personal loans are a convenient way to borrow to cover a variety of expenses — like a wedding, a funeral, a vacation, a surprise medical bill and more. Lenders typically disburse funds directly to your bank account so you can start using that money as soon as possible, and some of them will even fund
Most of the best personal loans come directly from a bank or credit union. However, some companies offer peer-to-peer loans, which means the funding for your loan comes from another individual, not an institution. Peer-to-peer (P2P) loans can sometimes be more accessible to borrowers thanks to easy application processes and sometimes higher loan amounts. CNBC
Sarah Loesch | Farmers’ Advance EVANSVILLE — As Tri-State Food Bank volunteers and employees works to help feed underserved community members, they are also tasked with navigating the current ups and downs of federal funding. The latest hurdle is in a cancelation about $500 million as a part of the Commodity Credit Corporation aspect of