When the bank repossesses a business asset, you lose the property but may get to keep the debt. The tax consequences depend partly on whether the debt is a recourse or nonrecourse loan.

While some economists believe that the South African Reserve Bank (Sarb) has room to cut the repo rate on Thursday, 29 May, the question remains whether the central bank will cut interest rates ...

The 19 most hated movie and TV characters ever, ranked L.A.'s mayor declared a homelessness emergency. Now, some at City Hall want to move past it Some pennies are worth hundreds of dollars: How ...

Axis Banks cut FD rates: Following the Reserve Bank of India’s recent decision to cut the repo rate by 25 basis points—from 6.25% to 6%—Axis Bank has revised its fixed deposit (FD) interest rates for ...

Car dealer walks into Bank of America repo lot. Then he sees a brand-new Chevy Tahoe ‘How can you afford a brand new car these days?’ Parks Kugle Updated on April 16 2025 2:27 pm CDT ...

After the Reserve Bank of India’s (RBI) decision to cut its repo rate on Wednesday, two state-run lenders - Bank of India and UCO Bank - announced 25 basis points reduction in lending rates.

Conclusion The Reserve Bank’s decision to reduce the repo rate can have far-reaching consequences for forex liquidity in South Africa.

The Anker 321 MagGo power bank has been discounted to $20 for Prime members as part of the Amazon Spring Sale. This is a record low price and represents a discount of 23 percent. A whole bunch of ...

A beautiful remote property in the Scottish Highlands with stunning views and its own private beach is on the market for £395,000.

Kolkata: Developers in Kolkata are eyeing a major boost in affordable home sales following the repo rate cut by the Reserve Bank of India, which will .

The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest ...