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mg

News & updates • 29d

₹25 lakh crore in bad loans written off by banks since 2014. ₹2.5 lakh crore (10%) recovered. Big corporates default → "Write-off" Middle-class misses 3 EMIs → "CIBIL ruined, legal notice, house auction." Your taxes fund their failures. Your as

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0 replies9 likes

Chamarti Sreekar

Passionate about Pos... • 1m

InCred gave loans to people banks ignored. That’s the power of niche fintech

0 replies22 likes
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mg

News & updates • 3m

"Indians spend more than 33% of their income on loan EMIs, According to a study"

1 replies9 likes
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Havish Gupta

Figuring Out • 11m

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
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Havish Gupta

Figuring Out • 4m

This startup is challenging all the traditional banks! So founded in 2014, UangTeman is Indonesia's instant loan startup founded by Aidil Zulkifli. They offer 30 Days loans of up to $150. What's interesting about it is that in Indonesia, two-third

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1 replies15 likes
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Chayan Das

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ZeroBizz • 15d

💡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:

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2 replies7 likes

Pathik Sarkar

Company owner - Kryo... • 1m

I think there should be an option to use multiple Medial accounts on one device. Entrepreneurs don’t just build personal brands — they also manage accounts for their products, services, and companies! Many of struggling Entrepreneurs don't have a so

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0 replies3 likes
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Havish Gupta

Figuring Out • 4m

How Chime Became America’s 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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7 replies9 likes
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Hawk

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Medial • 8m

😂🤣 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
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Jayant Mundhra

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Dexter Capital Advisors • 11m

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

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1 replies11 likes
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