You might take it as a joke but id say the only way to double and more this money is lending. Lend it to a daily waged labour with high af interest. Or some roadside stall.
Roadside momos stall makes more than a corporate employee? 😧
I) Average corporate employee salary:
Assuming Rs 30K/- starting in a Tier 2 city.
II)Momos stall owner revenue:
Plates sold in a day - 100
Average price per plate - Rs 60
Daily reven
Hi, I am looking for Inverter for starting a Finance Company which will do secured lending to SOHO/Small Shopkeeper/Daily wage earner.
Location - Lucknow
loan Amount - Upto 5 Lac
Rate of Interest - 24% - 30%
Type - Home Loan / Loan Against Property
i want to build an app and website where people could deposit money and they can lend money on small interest to others and borrowers could list their requirements how much do they want and for why.. initially borrower could start with small amounts
See More
3 replies2 likes
Rohan Saha
Founder - Burn Inves... • 7m
We reached out to many P2P platforms from January to July this year regarding their incorrect business models where they were not following P2P lending rules. They kept telling us that they were not doing anything wrong and were operating according t
See More
1 replies4 likes
Tushar Aher Patil
Trying to do better • 1m
Exploring Negative Interest Rate Policy (NIRP)
Have you ever wondered about central banks setting interest rates below zero? This is known as Negative Interest Rate Policy (NIRP).
Here's a quick look at this unconventional monetary tool:
✍️ What is i
See More
0 replies6 likes
Ronak Patel
Here you go! • 4m
📉Loans to get cheaper?
🏦RBI cuts the repo rate for the first time in nearly 5 years to boost the economy.
Repo Rate cut by 25bps to 6.25%
📜What is repo rate?
--> It is the interest rate at which the central bank lends money to commercial ban