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
Stealthย โขย 8m
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
Imagine instead of keeping your money in boring savings account, you could simply do an FD of it and get good interest rates, but also get a steady no interest credit line upto FD amount to be used by you for daily expenses?
Basically your money will
Hello Everyone ๐๏ธ,
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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Sairaj Kadam
Stealthย โขย 2m
Do you Know How Important inflation is?
Let's test it.
If you had to borrow $1,000 from a friend and they agreed not to charge interest, but inflation is 3% annually, are you actually paying them back the full value of what you borrowed after one
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 Indiaโs central bank.
While setting the int
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Sajin
ย โขย
Foundationย โขย 9m
Two major decisions yesterday:
1. Federal Reserve pauses interest rate hikes, it remains at 5.25% - 5.50%
2. FED Chair Jerome Powell said there will be no more cut in interest rates "until we have greater confidence inflation is going back to 2%"
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RootDotAi
Stealthย โขย 10m
Here's a Summary of the FED decision on March 20, 2024:
1. The Federal Reserve keeps interest rates steady at 5.50% for the fifth consecutive meeting.
2. The Fed maintains its anticipation of three interest rate reductions in 2024.
3. The proje
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
hey everyone I have a firm .actually we are into money lending business but now we want to expand our business so any idea how we can get more capital in less interest rates. we provide 5% monthly fixed returns schemes those who are interested can co
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Atharva Deshmukh
Stealthย โขย 5d
PESTLE Framework:- The framework analyzes external factors influencing a business.
1] Political:- Government policies, regulations, stability, tax policies, trade traffic
2] Economic:- Economic growth, inflation, exchange rates, interest rates
3]