Hello To All
So, here is the explanation of my paln.
as you know that indian people's have dream to buy their own dream home, but more people can not purchase home because of "High intrest rates" of banks.
For example, Value of one home is 30 lakhs
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Anonymous 1
Hey I am on Medial • 4d
A 0% interest rate without home loans? If executed well, this could redefine homeownership in India
0 replies2 likes
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Is it possible to receive a loan with a 7% interest rate without security?
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Hello To All
So, here is the explanation of my paln.
as you know that indian people's have dream to buy their own dream home, but more people can not purchase home because of "High intrest rates" of banks.
For example, Value of one home is 30 lakhs
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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Good evening to one and all for all medial supporters.
From last 2 years Loans apps drastically increased in India with average range of interest ratings
What will be the reason ❓❓
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Shivam Malhotra
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Hey everyone!
I'm developing a fintech app with a unique concept: offering 0% interest loans to users. While this sounds great for borrowers, I'm seeking your input on the biggest challenge - ensuring loan repayment.
Here's the idea in a nutshell:
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