B. Tech, IIT Bombayย โขย 1y
For offering loans, you yourself should have a huge amount of money, which I believe you will borrow from let's say banks, and they will need intrest from you, so how will you repay those high intrests to your bank if you don't get interest bcoz of 0% policy?
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ZeroBizzย โขย 9m
๐กHow Do Banks Really Work? Here's a Simple Visual Guide! ๐ฆ 1๏ธโฃ Banks take deposits from customers at ~4% interest. 2๏ธโฃ They lend that money to borrowers at ~10% interest. ๐ฐ The 6% spread is their profit. ๐ Key Banking Terms You Should Know:
See MoreFiguring Outย โขย 1y
So Ashneer Grover has finally launched ZeroPe! It basically just provides pre-approved medical loans of up to Rs 5 lakh at their partner hospitals. Considering that many other banks and startups are also offering pre-approved loans, do you think it
See MoreHey I am on Medialย โขย 1y
"Big Changes in Credit Score Rules by RBI โ Hereโs How It Affects You!" Starting January 1, 2025, the RBI has introduced new rules that will make credit score updates faster and more accurate. Hereโs what you need to know: โ Credit Score Updates Ev
See MoreI will do something ...ย โขย 1y
I need investors for the idea I have. Just like banks give loans against gold or property, our company wants to give loans against old machines. Poor farmers or labourers who have old iron machines or iron goods can mortgage them and take loans at v
See MoreFiguring Outย โขย 1y
How Chime Became Americaโs Biggest Neobank! So Back in 2012, Chris Britt and Ryan King realized that people were living paycheck to paycheck while banks were making billions from overdraft fees, monthly charges, and intrests. Thus, they decided to
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