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

Bank profitability in India improved for the sixth consecutive year, with gross bad debts dropping to a 13-year low, ...

People often make a distinction between “good debt” and “bad debt,” in terms of both personal finances and public spending: Good debt, according to the theory, is borrowing that pays ...

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

12 -- Chinese commercial banks’ non-performing personal loans have swelled in the last few years amid a sluggish economy. In ...

Soured loans held by local banks rose to their highest level in more than two years in October, as the start of the Bangko ...

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 ...

Considering the steps outlined by the court, the question arises: Is it necessary to complete all these steps to prove that the taxpayer exerted diligent efforts to collect the debt? Will the absence ...

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.