Do you think Ashneer Grover's ZeroPe will provide relief to many patients in India with 'instant pre-approved 5lakhs medical loan' concept?
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Harshavardhan
Ā ā¢Ā
YouTubeĀ ā¢Ā 7m
My opinion: While instant medical loans can help in emergencies, high-interest rates might make repayment challenging. It's important to think the benefits against the potential long-term costs before taking decision.
Navi Finserv Ordered to Cease Loan Disbursement by RBI šØ
In a recent development, Navi Finserv, the NBFC arm of Sachin Bansalās Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa
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0 replies2 likes
Vaibhav Babruwan Shingde
StealthĀ ā¢Ā 8m
Hello Everyone šļø,
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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1 replies8 likes
Shivam Malhotra
StealthĀ ā¢Ā 6m
Hey everyone!
I'm developing a fintech app with a unique concept: offering 0% interest loans to users. While this sounds great for borrowers, I'm seeking your input on the biggest challenge - ensuring loan repayment.
Here's the idea in a nutshell:
Volt Money Partners PhonePe To Offer Loans Against MFs
- Partnership Announcement: Volt Money has partnered with PhonePe to offer loans against mutual funds through the PhonePe app, with loan sizes ranging from INR 25,000 to INR 5 Cr.
- Integration
Wedding Loans: Matrimony's Genius Move ššø
Matrimony.com just launched WeddingLoan.com, offering loans from ā¹1L-ā¹1Cr with EMIs up to 30 years! This bold step dives into Indiaās $130B wedding industryāthe 2nd largest after food & grocery.
Why this
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0 replies7 likes
Sajin
Ā ā¢Ā
FoundationĀ ā¢Ā 6m
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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1 replies5 likes
BigLoot IN
StealthĀ ā¢Ā 1m
Navi has built a personal loan book size exceeding ā¹10,439 crore and has an Asset Under Management (AUM) of ā¹11,725 crore. The company charges interest rates as high as 45% on loans. For home loans, it's reported that they require full access to pers
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3 replies6 likes
Inactive
StealthĀ ā¢Ā 4m
India's Youth in a Debt Spiral Soon ?
Easy Monthly Installments (EMI): The siren song of modern consumerism. But is it luring India's youth into a financial JHATKA ? š
The EMI Trap Explained:
ā Attractive low monthly payments
ā Long repayment per
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6 replies12 likes
Sairaj Kadam
StealthĀ ā¢Ā 3m
Understanding Debt Financing: A Crucial Funding Option
Hey everyone!
Today, letās dive into debt financing, a vital funding method for startups. Unlike equity funding, where you give up ownership, debt financing involves borrowing money that youāll
š¢ WTF is EBITDA āš¤
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization ( Amortization in simple words is like repayment of installment/loans). Itās like looking at how much money a company makes from its core busine