Why do you think that in the last 2 years, the Number of Instant Loan Startups have skyrocketed, and also almost every company have started to provide loans?
Like what happened in this period that have helps these companies dicide whom to give loans
Because of the way they collect their loans back.
Instead of asking the debtors to pay in emis, they collect a fixed amount daily from their bank accounts. And Thus their NPA% is less than the NPA of big banks as well.
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
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6 replies13 likes
Hawk
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Medial • 2m
😂🤣 Spam: State bank of India calling through a private number informing me that press 9 else all my accounts from all the banks under my name will be closed 🤣😂
5 replies13 likes
Jayant Mundhra
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Dexter Capital Advisors • 6m
Imagine a bank hiring 500 people, and laying off way more than that next year 📛📛
It’s very very uncommon. And yet here we are!
..
What has happened?
-> YES BANK has laid off about 500 people with a three-month severance pay, and more layoffs mi
We are into the business of Digital Lending. We have multiple Banks,Credit Cards,Insurance etc on our platform.
We want to share this platform with interested candidates for a nominal fees of Rs100/- per month so they get an opportunity to earn unlim
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
Does anyone know any bypass of purchasing open ai api as an individual?
Also they are not allowing free credits to new accounts.
I have observed they are not allowing even the paid access to accounts registered using public email ids like Gmail, Ya
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0 replies6 likes
Payal Manghnani
Stealth • 7m
Two students experienced a severe shortage of water while attending college. To overcome this challenge, they developed a method to collect water from the air. Their brilliant idea not only solved the water crisis but also led to an impressive income
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1 replies3 likes
Sagar Anantwar
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SimpliFin • 3m
Do you invest all your savings into Fixed Deposits? Big mistake, read more
Fixed Deposits (FDs) have been a staple of Indian households for decades, but how do they fit into a modern investment portfolio? Let’s break it down:
🔹 Not a Growth Asset
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2 replies4 likes
Kolkata Index
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West Bengal Tourism • 18d
Currently, there are over 12 lakh self-help groups (SHGs) in Bengal, the highest among all states in India. Among these, nearly 11 lakh groups have been assured financial assistance of ₹30,000 crore by the state government in the current fiscal year
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3 replies5 likes
Dinakar
Stealth • 7m
The 2008 financial crisis -
During the late 1990s, America was getting a huge inflow of foreign funds from Russia and many Asian countries. American banks naturally didn't want the money just lying around earning no interest, so they made it easier