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Personal loans can be a lifeline in such situations, offering quick and easy access to funds at an interest rate depending on your creditworthiness. In this blog, we will explore various scenarios where a personal loan can be a smart financial choice so that you can make informed decisions that align with your needs and circumstances.
In LAMF, borrowers pay only the monthly interest on the loan amount. For a ₹1 lakh loan, the annual interest rate is 10.75%, which results in the monthly interest payment of ₹896. This is lower compared to traditional loans where both interest and principal are paid monthly.
India's Q2 GDP performance stole the show, clocking in at an impressive 7.6%, a pleasant surprise that outpaced the general consensus. Notably, India maintained its lead over China, which posted a GDP growth of 4.9% in the July-September quarter.
Titagarh Rail Systems witnessed a remarkable surge of over 11%, propelling its stock to a 52-week high on the Bombay Stock Exchange (BSE). This bullish momentum was ignited by the recent announcement of a strategic partnership between Titagarh Rail Systems and ABB, focusing on metro projects in India.
Last week on the D-street was like an IPO carnival! The initial public offering (IPO) market seems to be in an unprecedented bull wave, with the debut of five IPOs aiming to raise ₹7,400 crore from investors. This is no small feat — five IPOs in a week is a rare sight.
So, diving into this week, let's explore India's consumption story. Amidst all the talk about India becoming a major economy, increased consumption stands out as a crucial pillar for this growth.
