Posts Tagged “How”

How LoanTap revolutionised personal loans for salaried professionals, growing its order book by 10x

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How LoanTap revolutionised personal loans for salaried professionals, growing its order book by 10x

When LoanTap started its digital lending business in mid-2016, the conversation around fintech in India was hardly as loud as it is today. Of course, that changed with demonetisation later that year, but the narrative mostly remained focussed on payments and mobile wallets. In the last 12-18 months, however, lending has emerged as the new investor…

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How to Come Up With Startup Business Ideas in the Digital Era

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How to Come Up With Startup Business Ideas in the Digital Era

Every ambitious entrepreneur has the same major objective — for their startup business idea to become the next big thing. It may be hard to imagine, but Steve Jobs and Mark Zuckerburg were once in the same position as most business owners. Coming up with an idea for your startup business should be approached with the same dedication as every…

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How to fund your start-up dream

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How to fund your start-up dream

MUMBAI: “Ideas are cheap, execution is everything,” said Chris Sacca, an early investor in Twitter and Uber. And, an important component which impacts the execution is money. Sahil Isai, co-founder (marketing) of Walkers Unltd, a dog-walking company which provides certified walkers and trainers for your dogs, says, “Our dog-walking company is founded by a group of…

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How concentrated is your mutual fund portfolio?

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How concentrated is your mutual fund portfolio?

Mutual fund schemes, typically, diversify across stocks and sectors. The idea behind diversification is that if some stocks and sectors do not do well, then others present in the portfolio that don’t fall by as much, prevent a downslide. But sometimes, fund managers follow a concentrated strategy either due to a scheme’s mandate or because…

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How lenders check creditworthiness before approving personal loans

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How lenders check creditworthiness before approving personal loans

When you apply for a personal loan, your credit report is often studied by the lender to assess your creditworthiness and understand how good you’ve been at managing credit in the past. Many financial technology companies currently active in the market employ risk-assessment algorithms to check the eligibility of applicants speedily and accurately. Perhaps the…

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How much returns will these mutual funds offer after 10 years?

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How much returns will these mutual funds offer after 10 years?

I am currently investing through four SIPs of Rs 5,000 each in Mirae Asset Emerging Bluechip Fund, Mirae Asset Equity Fund, Kotak Standard Multicap Fund, and L& T Midcap Fund since last one year. I have a horizon of eight to 10 years. Should I continue with these funds or change? Please suggest. I can…

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How to Get a Low Interest Rate on a Personal Loan

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How to Get a Low Interest Rate on a Personal Loan

The quicker you pay off loans, the more likely you will be seen as trustworthy to your lender. (Getty Images) The average interest rate on a two-year personal loan is 10.7 percent, according to the Federal Reserve. But depending on your credit history, income and other factors, you may be able to qualify for a rate in…

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Surprise RBI Repo Rate Cut 2019: Home Loan, Car Loan, Personal Loan EMIs to cost less – Check how you will benefit

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Surprise RBI Repo Rate Cut 2019: Home Loan, Car Loan, Personal Loan EMIs to cost less – Check how you will benefit

RBI Repo Rate Cut: After months of maintaining status quo over the key lending rate, the RBI today finally announced a Repo Rate Cut by 0.25%. The central bank had maintained the status quo in the last two Monetary Policy Committee meetings. The repo rate cut comes on the back several bonanzas announced for taxpayers in…

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Personal loans 101: How they work and who can qualify for them

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Personal loans 101: How they work and who can qualify for them

When you need cash, there are several reasonable ways to get it. You may be able to get a small loan from family or friends, and you can always apply for a credit card. But, there’s another option to consider that comes with certain advantages – and that option is a personal loan. While personal loans have…

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Why Most New Ideas Fail—And How to Make Yours an Exception

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Why Most New Ideas Fail—And How to Make Yours an Exception

As Alberto Savoia sees it, your brilliant idea for a new product or service is like a baby sea turtle. Early in his new book, The Right It: Why So Many Ideas Fail and How to Make Sure Yours Succeed, Google’s former engineering director and “innovation agitator” writes that “the gauntlet that awaits most new ideas…

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