I have a business plan which will definitely change the whole home loan, loan company sector in India for the people who are paying more interest on thier loans just because they have low income or low cibil score.
While people earning more who don
And even fd rates don't compensate for inflation today, so at max we can provide them back the amount with fd interest rates
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Soumya Ranjan Dash
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Entry level Salary offered by IT firms in 2003-04: around 2.5-3Lakhs.
Entry level Salary in 2022: around 3-3.5Lakhs.
Inflation every year is around 6-7%.
Yet FD is where 58% of Indians have invested.
FD is safe
FD ensure liquidity
FD return doe
Hello Everyone 🖐️,
FED is now trying to cut their interest rates from 5.5% to maybe 3-4% . Now , Inflation is in control so that they will cut fed rates till June .
Due to this , companies don't have high interest on loans so that I think recession
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Atharva Deshmukh
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Have studied about Monetary Policy in short and it's effect.
The monetary policy is a tool through which the Reserve Bank of India (RBI) controls the money supply by controlling the interest rates. RBI is India’s central bank.
While setting the int
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Two major decisions yesterday:
1. Federal Reserve pauses interest rate hikes, it remains at 5.25% - 5.50%
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RootDotAi
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Here's a Summary of the FED decision on March 20, 2024:
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Hi what are your thoughts on Compound interest
Let's say if I invest 10000 Rs every month for 40 years at an annual interest of 8% then after 40 years
My invested amount = 48 lacs
Money I will get = 3.51 cr
But will it really be worthy with an a
Ashneer G(rover) is so back baby! Huge industry. People will pay whatever interest they quote in this segment. Another unicorn if he doesn’t f up. Even Adam Newman is launching his new startup Flow after the WeWork debacle. What a time to be alive 🔥
There are many fraud instant loan companies ,but I want to build an trust worthy loan loan app with fully transparency with user about their interest rates, late fess charges there there are such people who has emergency and they actually need money
*Required loan amount 5.50 Cr*
*Agricultural ploting at village Hurnas( Bhor)
*Total Area 73 Acer
*Seling price launching period 15 lac per acer after that 20 lac per acer
*MOU Agreement done with farmers
*Total agreement 8.80cr
*Need funds for a
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Sai Charan
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I have started my company 2 weeks back. We provide a marketplace for the local sellers to sell locally. It's making around 12k till now, but now I need to scale it more so that I can reach to larger audience and generate 1lakh per month in the next 2