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Akshat kumar Jain

Front end developmen... • 1m

Indian household debt has skyrocketed, reaching Rs 120 trillion in March 2024, a 56% increase since June 2021. This has pushed the debt-to-GDP ratio to 42.9%, raising concerns about consumer spending. With housing loans comprising 30% and vehicle loans 10% of the total debt, and consumption loans growing significantly, rising interest rates are adding to the financial strain. This will push the inflation rate more and surely RBI will have to increase the repo rate. Will we see a decline in consumer spending. Will it affect the new age Startups.

0 replies2 likes

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Rabbul Hussian

Hey I am on Medial • 1m

The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years. What is the repo rate? It’s the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans

1 replies13 likes

Sanket Jadyar

Keep it up and do yo... • 9m

The Reserve Bank of India (RBI) announced on Friday that it has kept the benchmark repo rate unchanged at 6.5% for the eighth consecutive time. What exactly is repo rate? How does it affect you?

1 replies5 likes

Atharva Deshmukh

Daily Learnings... • 8m

About Rates in the market... To strike a balance in market, the RBI has to consider all economic factors and carefully set the key rates. Any imbalance in these rates can lead to economic chaos: 1)Repo Rate:-The rate at which RBI lends money to oth

0 replies5 likes

Anonymous

Hey I am on Medial • 1m

The Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25%. This is the first rate cut in five years, with the last one occurring in May 2020.

1 replies3 likes

Investo

Building a startup • 1m

*RBI cuts Repo Rate by 25 bps to 6.25% – the first rate cut in 5 years!* ✅ Boost for economic growth ✅ Lower borrowing costs ✅ Positive for markets & businesses

0 replies2 likes

Tarun Suthar
•

The Institute of Chartered Accountants of India • 1m

How to save Taxes!!! iykiyk -- Part 1. Taking Debt/Loan as funds is best way eliminate taxes than raising Equity shares. as Debt is charged against profits and interest is deducted before imposing tax rate. Also, Be sure that the ROI is higher tha

11 replies17 likes

Aman Khan

Connecting Heart And... • 10m

AI spending in India is expected to increase to $5 billion with CAGR (compound annual growth rate) of 31.5 per cent between 2023 to 2027. By 2027 AI will be everywhere," Sharath Srinivasamurthy, Associate Vice President, IDC said. He said that in 202

0 replies5 likes

Ronak Patel

Here you go! • 1m

📉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

1 replies6 likes

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AprameyaAI • 7m

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 ? 🔌 The EMI Trap Explained: → Attractive low monthly payments → Long repayment per

6 replies12 likes

Sairaj Kadam

Entrepreneur |Founde... • 7m

Understanding Debt Financing: A Crucial Funding Option Hey everyone! Today, let’s dive into debt financing, a vital funding method for startups. Unlike equity funding, where you give up ownership, debt financing involves borrowing money that you’ll

3 replies14 likes