Compound interest

Why investing in the community is like compound interest

Guest post by Brendan Burns The community can play an ongoing and vital role throughout the life cycle of a business. Getty The notion of community has always been important for startups. The reasons are obvious. Building businesses from scratch is a lonely endeavor to say the least, full of uncertainties and often devoid of […]

Compound interest

This innovative startup allows you to earn compound interest on your cryptocurrency

[ad_1] Cryptocurrencies have become an attractive investment for avant-garde financials. Some experts have long believed that they could be the future of investing. But until recently, investing in cryptocurrencies was inherently speculative. The only way to make money on them was to buy assets, hold them until the price went up, and then sell them. […]

Compound interest

How much your bank can credit to your account

[ad_1] MUMBAI: Banks are likely to credit interest on accrued interest on loans from borrowers during the 6-month moratorium period (March 1 to August 31) by November 5, according to the affidavit filed by the government with the of the Supreme Court. The government announced an ex gratia interest on interest exemption scheme on October […]

Compound interest

How do banks credit the repayment of “compound interest” to the customer’s account?

[ad_1] Moratorium on loans Latest news: In accordance with the RBI directive, banks have now started to reimburse eligible borrowers for “interest on interest” or compound interest charged during the loan moratorium period.Also Read – Fuel Prices Rise For Day 6: Gasoline Crosses Rs 110, Diesel Passes Rs 100. Check the price in your city […]

Compound interest

Everything you need to know about the government’s compound interest exemption plan

[ad_1] The government announces an ex gratia payment system for the difference between compound interest and simple interest. Here is all the information you need to know about the government’s compound interest exemption scheme. Interest exemption scheme On October 23, the RBI called on all lending institutions, including NBFCs, to implement the interest relief scheme […]