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What is Stand-Up India Loan Scheme ?

The "Start-up India Stand-Up India" loan schemes are the initiative  announced by the Prime Minister in his address to the nation on August 15, 2015 to promote bank financing for green field enterprises promoted by SC/ST/ Women entrepreneur. The scheme...

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How Does RBI Rate Cut Impact EMI of Loan ?

How Does RBI Rate Cut Impact EMI of Loan ? - Reserve Bank of India has cut the repo rate in their bi monthly review for year 2016-17 by 0.50% to 6.50% present. After the reduction of Repo Rate many of...

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Basic Details of Marginal Cost of Funds based Lending Rate (MCLR) By RBI

Marginal Cost of Funds based Lending Rate (MCLR) is a new lending rate introduce by Reserve Bank of India (RBI) which is to be implemented by 01-04-2016. MCLR will be the internal bench mark rate of the bank along with...

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How To Calculate Debt Service Coverage Ratio (DSCR) ?

How To Calculate Debt Service Coverage Ratio (DSCR) ? - Debt service coverage ratio (DSCR) a very important rile for assessment in giving loan to any firm, individual etc which is calculated to measure potential borrower's debt.This is sometime also...

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How To Calculate Loan Monthly Reducing Balances Interest?

How To Calculate Loan Monthly Reducing Balances Interest? - Number of time lender promote their loan products quoting Reducing Balance EMI. This is the method used by Public Sector Bank for various loan products mainly MSME Business Loan, Overdaft, Housing...

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How To Calculate NIM (Net Interest Margin)?

The Net Interest Margin is the difference of Interest Income generated through various sources and expenses made out on interest to lenders on various items like deposit etc.

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How Does accepting OTS effect on Credit History ?

One Time Settlement Scheme , OTS effect on Credit History of an Individual future credit history : Just as all information about credit availed (amount availed, payments, defaults etc) is reported to Credit Information Companies (CICs), the fact that the...

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When will bank return the securities after closure of loan ?

How much time bank would take in returning the title deeds /securities after closure of loan. Banks should return all the securities / documents/title deeds to mortgaged property within 15 days of the repayment of all dues agreed to or...

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