Lenders check the purity of the gold. Then, the market value of your gold ornaments is calculated according to the market rate of gold on the day of the loan application. You can take up to 90 per cent of the value of the pledged gold. If you pledge gold ornaments, only gold portions are used for calculating the value; other metals, stones and gems are excluded from the calculations by the lender. … [Read more...] about What are the charges for gold loans, how is the value of ornaments calculated, which lenders are the best and other key questions answered
Home equity loans should be used for
On the retail front, a senior public sector banker said there may be some restructuring in cases where there is income disruption. By and large, the salaried class with regular income will refrain from availing recast, the banker said, adding the trend was evident during the moratorium period which is coming to an end on Monday. … [Read more...] about Firms in hospitality, aviation, tourism sectors likely to seek loan recast: Bankers
Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time. … [Read more...] about Cube Highways signs Rs 3,500 crore loan agreement with SBI to buy NHAI toll roads: Report
> The 26 sectors specified by the panel are: Power, construction, iron and steel manufacturing, roads, real estate, trading wholesale, textiles, chemicals, consumer durables/FMCG, non-ferrous metals, pharma, logistics, gems and jewellery, cement, auto components, hotels, mining, plastic products manufacturing, automobile manufacturing, auto dealership, aviation, sugar, port and port services, shipping, building materials, and corporate retail outlets. … [Read more...] about KV Kamath committee report on loan restructuring for sectors: What does it mean?
A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine. … [Read more...] about SBI Card gives customers option to restructure credit card payments into loans