Fifth Third Bank is accused of opening fake accounts, charging customers $12.7 million dollars in illegal, worthless fees and even getting customers cars illegally repossessed, according to a ...

An uptick in repossessions, continued affordability challenges and weakened credit performance are top of mind for lenders ...

During tax season, the auto-repossession sector typically sees a dip in repossessions as customers receive additional cash and pay down their obligations. Recent data from Fitch Ratings and the ...

Standing Repo (SRP) counterparties are expected to transact in at least two SRP operations every six months, and encouraged to transact in all relevant security types, to ensure robust end-to-end ...

Mumbai: Recently, the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points, bringing it down to 5.25 percent.

Following the RBI's repo rate cut, major public-sector lenders are offering relief to home and auto loan borrowers ...