IRFC is looking to enter non-railway lending. If this happens, it could create issues for other infrastructure lenders because IRFC typically has a lower borrowing cost, which allows them to distribute loans at a lower interest rate.
0 replies6 likes
SARASHI ASSOCIATION
Hey I am on Medial • 4m
Sarashi Association
Need help for startup and grow.....My aim is to provide loans to common poor business people at very low interest rates, and much lower than normal banks and finance company like half interest loans, small medical expenses loans
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1 replies4 likes
Sayan Bagchi
Management | Fronten... • 2m
This is the best time to get Home loans
you'll save a lot of interest due to repo rate deduction throughout the next few years.
Take my advice buy a property or you'll regret in the future
0 replies6 likes
Rabbul Hussain
Pursuing CMA. Talks... • 4m
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
Two major decisions yesterday:
1. Federal Reserve pauses interest rate hikes, it remains at 5.25% - 5.50%
2. FED Chair Jerome Powell said there will be no more cut in interest rates "until we have greater confidence inflation is going back to 2%"
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1 replies5 likes
Chayan Das
•
ZeroBizz • 8d
💡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
Ansh Singh
Hey I am on Medial • 4m
can one tell me best way to get low interest rate loan of 5 cr. to 14cr.
for my stratap idea
📉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
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
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0 replies2 likes
Rohan Saha
Founder - Burn Inves... • 2m
Important events for next week:
- Fed Interest Rate Decision on 19th March
- Bank of England, Bank of Japan interest rate decisions on 19th & 20th March
- India’s WPI inflation and balance of trade data on 20th March