Back

Harsh Tiwari

Hey I am on Medial • 1y

Waiving 2-5 emis is normal strategy used by the loan companies for good debts but it doesn't effect that much. And for the second part of your question I'm still figuring out where to take loan from myself , so as of now we can take from other comapines Or through big banks or maybe rbi itself they all lend to loan companies at lower rates.

Reply

More like this

Recommendations from Medial

Image Description

Chayan Das

 • 

ZeroBizz • 23d

💡How Do Banks Really Work? Here's a Simple Visual Guide! 🏦 1️⃣ Banks take deposits from customers at ~4% interest. 2️⃣ They lend that money to borrowers at ~10% interest. 💰 The 6% spread is their profit. 🔍 Key Banking Terms You Should Know:

See More
2 Replies
7
Image Description

Chayan Das

 • 

ZeroBizz • 22d

BREAKING: RBI Slashes Repo Rate by 50 BPS to 5.50%. The RBI has delivered a surprise rate cut—bringing the repo rate down from 6.00% to 5.50% in June 2025! What This Means for You: 1. Lower EMIs on home, personal, business & education loans. 2. Ea

See More
1 Reply
4
Image Description
Image Description

BigLoot IN

BigLoot.in - Where S... • 8m

RBI has banned four NBFCs from issuing loans, including DMI Finance, Navi Finserv, Asirvad Finance, and Arohan Financial. The ban will take effect from October 21, 2024.

4 Replies
3
Image Description

Anurag Bhardwaj

ECE student | Entre... • 1m

Today’s insight: Use other people’s money! 🚀 The rich get richer by leveraging— Banks lend for assets like properties. Landlords buy homes, Airbnbs cash flow. It’s not their money—it’s the bank’s! They profit while others pay the loan. How will you

See More
7 Replies
1
2

Chetan Vairat

Entrepreneur • 1y

Business Wrap: RBI Holds Repo Rate at 6.5% | Stock Market Rebounds | Real Estate Growth Outlook And More! Business Roundup: The RBI has maintained the repo rate at 6.5%, keeping home loan EMIs steady. The stock market bounced back after the June 4 d

See More
Reply
4

Pranjal Majumdar

Hey I am on Medial • 5m

"Big Changes in Credit Score Rules by RBI – Here’s How It Affects You!" Starting January 1, 2025, the RBI has introduced new rules that will make credit score updates faster and more accurate. Here’s what you need to know: ✅ Credit Score Updates Ev

See More
Reply
15

Ekta

Founder • 1m

Hello my name is ekta, can anyone help me I'm in 6 lac debts and paying 10 Percent interest every month, which is difficult for me to manage. can someone help me with loan or give me money on less interest. please help me I'm stuck right now and I c

See More
Reply
1
Image Description
Image Description

Shrinivas Bhalerao

Founder @KraftBags.s... • 1y

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

See More
6 Replies
1
12

Rohan Saha

Founder - Burn Inves... • 22d

Good news for anyone taking gold loans and for gold loan companies too, The RBI has just increased the loan to value ratio from 75% to 85%. Simply put, if your gold is worth ₹1 lakh, you can now get a loan of up to ₹85,000 instead of the earlier ₹75,

See More
Reply
13
Image Description
Image Description

Rudrayan Dhar

Zonal Business Co-or... • 1y

As a Investor in SM my take is paytm shares are way to much risky and after RBI ban happened on paytm banks business and a sharp fall in shares over near 40% it's not buy worthy for long term view. The business was alreay in a off mood in context on

See More
2 Replies
7

Download the medial app to read full posts, comements and news.