The banking system is facing major problems in asset quality as bad debt has increased rapidly, while Circular 02 on debt ...

A new research study finds that the prevalence of credit card debt – long the bane of seniors who teeter between fiscal ...

ITAT Hyderabad held that once the debt has been written off in the books of accounts as irrecoverable, assessee is not required to prove that the debt had become bad or not. Accordingly, deduction for ...

But banks are finding it harder to deal with bad personal loans as the macro economy comes under pressure and people’s income ...

Profits for non-bank finance groups have taken a tumble for a second consecutive year, driven by higher costs and an increase ...

Americans added $25 billion in credit card debt during the third quarter, bringing collective credit card debt to about $1.29 ...

Rapid advances in technology present businesses with unique opportunities and challenges they must navigate to maintain a competitive advantage. As businesses leverage technology to expand their ...

To determine the best debt consolidation loan offers for bad credit, CNBC Select compared dozens of lenders by credit score requirements, interest rates, fees, repayment terms and other factors.

A historically large share of retirees have credit card debt, recent reports show, a sign of financial instability that worries researchers.

The Finance Ministry is drafting guidelines for state banks to forgive MSMEs’ bad debt without seriously impacting the banks’ ...