"When there are macroeconomic risks, it is generally wise to avoid using margin loans on any company, as stocks may move in ways that are decoupled from their long-term potential," Musk tweeted late on Thursday, without naming any companies.
Walmart did not immediately respond to a Reuters request for comment.
Describing the move as "revolutionary, Patnaik on Tuesday said women can now set up small and medium enterprises (SMEs) or even launch big businesses.
Interest on home loans has risen lately, making house purchases that much costlier. However, owning a house does give a feeling of security that isn’t easy to quantify mathematically.
The management of Five Star Finance said that the company will continue investing in growing its branch network and adding technological capabilities.
New sources of risk such as a return to the old pension system, and mounting overdue of power discoms could push many states to a fiscal precipice
Bank of Maharashtra, Bank of India and State Bank of India offer interest rates between 8.9-10.55 percent on personal loans
Airlines are in no mood to start a fare war at a time when global supply chains are disrupted and fuel prices are still at very high levels after the Russian invasion of Ukraine.
When you opt for a loan, you need to ensure that it is repaid in time so that your credit score does not take a beating.
Going forward, IDBI Bank is looking to explore avenues to achieve a business growth of 10-12 percent, the CEO said.
High interest rates puts the viability of the scheme in question, at a time when airlines are struggling to make ends meet due to high ATF prices.
Aside from non-tax revenue from mining auctions, Odisha's tax revenue grew 20 percent during the first six months of the current financial year thanks to a spurt in economic activity after the easing of Covid restrictions
"We are not asking for any kind of measure [such as] a rescheduling or a moratorium," the country's Prime Minister Shehbaz Sharif told the Financial Times. "We are asking for additional funds."
From cashbacks to discounts to waiver of processing fees on home loans, many banks have lined up goodies for consumers. Make sure to check if there are offers with your credit and debit cards as well.
Despite RBI’s 50-bps rate increase, ten banks and housing finance companies continue to offer interest rates of up to 8.1 percent on floating-rate home loans, considered to be cheapest in the market.
Gross of transfers through interbank participation certificates and bills rediscounted, the bank's advances grew by around 25.8 per cent over September 30, 2021
Credit growth will be led by strong demand from corporate and individual borrowers as well as micro, small and medium enterprises, rating company CRISIL said.
As per RBI’s latest data, banks’ outstanding non-food credit grew 16 per cent year-on-year (YoY) to Rs 124.30 lakh crore as on August 26, higher than 6.7 per cent growth registered a year ago.
Today’s policy rate action was per expectations. Going by statements in the press conference, future rate action will depend on how the inflation pans out. It is likely there would be another rate hike of 25-35 basis points on December 7, 2022.
The death of a 27-year-old pregnant woman in Jharkhand's Hazaribagh, after being crushed under the wheels of a vehicle financed by Mahindra Finance, once again throws the spotlight on the strong-arm tactics NBFCs apply for loan recovery.
HDFC Bank and ICICI Bank have launched campaigns to lure festive shoppers with discounts on a range of products and services.
EMIs are one of the most attractive features of a credit card. But beware: always ensure that you spend within limits, so that you are able to pay your bills on time and avoid the hefty finance charges and penalties that can lead to a debt spiral.
The monthly collection ratios (MCR) of securitised pools rated by Crisil Ratings have remained ”largely unaffected” by the macroeconomic challenges, the agency said.
Low base, small ticket size loans, working capital requirements, and a shift to bank borrowings on account of high yields in the capital market continue to drive growth, rating agency CARE Edge said in a note on Tuesday.