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 • 26d
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
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
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
Ansh Singh
Hey I am on Medial • 1m
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
Vikas Acharya
•
Medial • 3m
Word to Know:
Burn Rate - How fast a startup spends money.
Lower rates = longer runway.
0 replies13 likes
Tarun Chauhan
Hey I am on Medial • 3m
We will get a website made for you, that too at a price lower than the market price and we also have a designer to design the website
0 replies1 like
Rohan Saha
•
YouTube • 10m
Is it possible to receive a loan with a 7% interest rate without security?