20 year business loan

"But to think of this as an ex-growth part of the business would be a mistake. In India, there is strong secular demand growth ahead. India is estimated to be the fastest growing refined fuels market over the next 20 years (faster than China) and will also one of the fastest growing markets for petrochemicals given the per capita demand which will grow with the GDP," it said. … [Read more...] about Reliance’s partnership with Saudi Aramco not a retreat from energy business: Report

Let’s say you apply for a home loan of Rs 1 crore with 20 years tenure. The applicable interest rate at present is 8.5 per cent, depending on your credit score. The new interest rate applicable from January 1, 2020 will be 8.25 per cent. So, the monthly instalment payable will be Rs 85,207, down from Rs 86,782. So, there is immediate saving of close to Rs 18,900 annually with the reduction in interest rates. Over the tenure of the loan, you will save around Rs 3.78 lakh. … [Read more...] about 2020 to usher in lower EMIs for SBI’s home loan customers

The loan amount pegs AGB Shipyard’s fraud in the league of the Nirav Modi scam, where lender PNB took the hit. A source told the paper that it is yet unclear whether this case was captured in the RBI’s latest set of public domain fraud numbers, but said that banks may have been asked to treat it as fraud by the central bank.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about AGB Shipyard’s Rs 14,000cr loan marked ‘fraud’ by ICICI Bank-led consortium

Ironically, banks are set to suffer a double whammy because these entities are already struggling for capital to lend after the massive bank NPA clean up exercise. Further bad loan shocks from loan waivers complicates matters for the banks. That’s because a fiscally constrained central government may not in a position to fund public sector banks next fiscal. This fiscal so far, the government has already front-loaded much of the Rs70,000 crore capital infusion it has promised to banks. But there is no clarity if PSBs can expect such generosity next year. … [Read more...] about Banks staring at fresh NPA whammy on farm loan waivers, faulty Kisan Credit Card model

18. Check in on your reservations If you use Gmail and/or Google Calendar, you can find info about upcoming reservations—as mentioned in confirmation emails in your inbox or event invitations in your agenda—right within Maps. Tap the three-line menu icon in the mobile app’s upper-left corner, select “Your places,” and then look for the “Reservations” tab at the top of the screen. … [Read more...] about 20 incredibly useful things you didn’t know Google Maps could do