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First bank in India to introduce Savings Account

First ATM in India

The first 10,000 Indian Rupee Note

Hey everyone! 🌟 Exciting news for borrowers and financial enthusiasts! The Reserve Bank of India (RBI) has rolled out a new regulation regarding CIBIL scores, and we've got all the details you need to know. In this video, we'll dive into what this rule means for you, how it impacts your borrowing journey, and why it's a game-changer in the world of finance. Stay tuned to stay ahead of the curve and ensure your financial well-being! Don't miss out – hit play now! 📈💳

https://www.youtube.com/watch?v=VY0BMTUyRsU

RBI New Rule on CIBIL Scores The Reserve Bank of India (RBI) has introduced five new rules related to the Credit Information Bureau (CIBIL Score).These rules bring transparency and benef...

The overall credit demand by MSMEs in India is Rs 69.3 Trillion.

MSMEs have always found it challenging to get credit.
In this video, we explain, how can MSMEs avail Collateral Free loans upto ₹5 Crores

Pls watch and post your comments

https://youtu.be/KznC8XLeCuc

Collateral Free loans upto ₹5 Crores? The overall credit demand by MSMEs in India is Rs 69.3 Trillion. MSMEs have always found it challenging to get credit.In this video, we explain, how can MSME...

What is Central-KYC (CKYC) Registry?
How does one gets their details uploaded in CKYC ?
What are the benefits of having details in CKYC for customers?

https://www.youtube.com/watch?v=QpF-ZXCYHgU

What is C KYC What is Central-KYC (CKYC) Registry? How does one gets their details uploaded in CKYC ? What are the benefits of having details in CKYC for customers?

Banks in India continue to face reduction in their Net Interest Margin during FY'24.

What is NIM ? What are the factors leading to decline in NIM?

To know more, pls watch this Video

https://www.youtube.com/watch?v=lhKG3_j3WZQ

What is Net Interest Margin? Indian private banks' Net Interest Margins (NIM) are set to remain compressed for FY'24. Watch the video to know:What is Net Interest Margin ?What is the ide...

Do you know how bank's manage their liquidity in times of shortage of funds ?

Then, pls watch this video to get an idea.

What is Marginal Standing Facility ? The Reserve Bank of India has designed Liquidity Adjustment Facilties for bank called Marginal Standing Facility also known as MSF and Standing Deposit Facil...

Education is the best means of empowering girls with the knowledge, skills necessary to participate in country's development. There are many financial assistance programs to promote higher education among girls. There are many scholarships for girls coming from the less privileged sections viz.,
Women's Scholarship
Housing Scholarships for Meritorious Girl Students
and Lovely Career Foundation Scholarship
’Oreal India for Young Women in Science Scholarship
-Graduate Indira Gandhi Scholarship for Single Girl Child
Scholarship Programme
. Reddy's Foundation (DRF) Sashakt Scholarship

The pandemic and the consequent job losses and reduction in income have created stress to repay the debt. Increasingly individuals and business be it Micro, Small and Medium Enterprises, Mid-corporates are getting into debt trap. In this video Banking veteran, Menezes takes us through some of the common reasons for businesses getting into debt trap viz., multiple debts, debt serviceability etc..,. He also shares the remedies to come out of the Debt Trap.

For more details on the Debt Trap, pls watch the video.
Pls Like, Share, Comment and Subscribe.

https://youtu.be/2l4yZPRXrPc

What is Debt Trap ? | Steps to avoid | Part 1- Johnson Menezes The pandemic and the consequent losses and reduction in business income have created stress to repay the debt. Increasingly individuals, business be it Micro...

Mutual Funds is the most preferred investment options. More and more retailers are increasingly investing sizeable amounts in mutual funds. If you have still not started or if you are also planning but are not clear how mutual funds work.
Pls watch the video by Sudapalli Jaya Prasad Rao to understand what are and how do they work.

Pls Subscribe to the LoanCare YouTube Channel.

https://www.youtube.com/watch?v=wg9TOLQTeKc&t=15s

What are Mutual Funds ? | Mutual fund for beginners | Sudapalli JP.Rao Mutual funds are the safest option to maximize returns. The primary advantage of investing in mutual funds is your investment is diversified. The mutual fund...

It's not important how much money you make. But how do you wisely make more money with your little money. Most of us do not take care of money properly till they nearly loose all the money.

You become rich by making money with the money and not spending the money. If you still not mastered the art of multiplying the money, then pls watch this video by Sudapalli Jaya Prasad Rao about smart tips to multiplying money.

https://youtu.be/Gl03laOjywI

10 Biggest Money Mistakes to Avoid in 2022 | Sudapalli JP.Rao Here are 10 biggest money mistakes you need to avoid in 2022.

Co-lending is a next big thing in lending space in India. It is a practice in which two lending companies mostly banks and NBFCs come together to lend to the ultimate customers through a formal arrangement. The Co-lending system has been introduced by RBI in response to the liquidity crisis at NBFCs and also to enhance credit flow to productive sectors.

Pls watch the video to understand what is Co-lending and how does it work.

Pls Like, Share, Susbcribe to the LoanCare YouTube Channel.

https ://www.youtube.com/watch?v=scjn5L8REZc

What is Co-lending ? How it works - Sudapalli JP.Rao Co-lending is a next big thing in lending space in India. It is a practice in which two lending companies mostly banks and NBFCs come together to lend to the...

If you are planning to avail Car Loan for purchase of Car, then you must watch this video. This video gives details about the interest rates on Car Loans and what is the ideal tenure.

https://www.youtube.com/watch?v=iAqgxOKGZIU

Car Loan Maximum Tenure - Sudapalli JP.Rao Car Loan: Should you go for a shorter or longer tenure?How to decide ? Pls watch this video to know more details.To know more details write to us at loancare...

A brief video on Priority Sector Lending- Sectors and Eligibility Criteria. RBI determines from time-to-time the percentage of total bank credit that has to be extended to Priority Sector. RBI sets Targets as % of ANBC or CEOBE.

The following sectors are classified as Priority Sector by RBI:
1.Agriculture
2.Micro, Small and Medium Enterprises
3.Export Credit
4.Education
5.Housing
6.Social Infrastructure
7.Renewable Energy

ANBC stands for Adjusted Net Bank Credit, CEOBE stands for Credit Equivalent of Off-Balance Sheet Exposures. It is the total lending done by the banks plus the investments made by the banks which are not obligatory e.g. non SLR Bonds.

Pls watch the complete video.
For more details pls write to us at [email protected]
Pls Like, Share, Subscribe and Comment.

https://www.youtube.com/watch?v=BehLl_2U978&t=8s

PSL- Loans for Agri Startups: Sudapalli JP.Rao A brief video on Priority Sector Lending- Sectors and Eligibility Criteria.The Government of India and the Central bank i.e, Reserve Bank of India have ident...

We are happy to inform that we have released our milestone 20th Video as part of the initiative to create awareness about banking, loan products, insurance in the month of August'2021. This required lot of focused efforts, determination, hard work and above all constant encouragement, timely and wonderful feedback, valuable suggestions of you all. A Big Thank You to All of You.
Today we have 125+ Subscribers, with more than 1900+ Views.
We are still far from our targeted numbers but with Almighty God's Grace and your support, we are confident of reaching it soon.
Pls subscribe to our YouTube Channel at the below link for informative videos on Banking, Finance, Insurance.
https://www.youtube.com/watch?v=lsqK_JEVZGI

Very useful video on NEFT, RTGS, IMPS.
Various methods available for transfer of money from one bank account to another bank account viz., NEFT, RTGS, IMPS, UPI, digital wallets etc.,
Let us understand about NEFT, RTGS, IMPS which are the most common and widely used methods of transfer of money from one account to another account by individuals, businessmen, small and medium enterprises and large corporates.

https://www.youtube.com/watch?v=i2P7XRHlVXU

NEFT, RTGS & IMPS Money Transfer- Sudapalli JP.Rao Very useful video on NEFT, RTGS, IMPS. Various methods available for transfer of money from one bank account to another bank account viz., NEFT, RTGS, IMPS,...

Every Bank or financial institution try to check two important aspects before deciding on your loan application.
1)What is your monthly income
2)What are your monthly expenditure or outflow or fixed obligations.

Fixed Obligation to Income Ratio (FOIR) is most commonly used variable or parameter by financial institutions be it Banks, NBFCs, Loan Cos to assess the applicant’s eligibility for the loan.

It gives a quick snapshot of borrower’s financial ability to repay the loan.

For more details, pls watch the video. Pls Like, Share and Subscribe.
For any queries, pls write to [email protected]

https://lnkd.in/dsdnn_fY

How to calculate Loan eligibility ? - Sudapalli JP.Rao Every Bank or financial institution try to check two important aspects before deciding on your loan application1)What is your monthly income2)What are your m...

Do you know that Commercial Banks also borrow money from RBI to meet their lending requirements. In this video we will explain about REPO Rate, Reverse REPO rate, Capital Adequacy Ratio. And how these rates have impact on the interest rates of your loans.

Pls watch the complete video for detailed explanation.
For more queries, pls write to us at [email protected]

https://youtu.be/lsqK_JEVZGI

Pls Like, Share, Susbcribe, Comment

What is REPO, Reverse REPO Rate, Capital Adequacy Ratio ? - Sudapalli JP.Rao A Simple explanation of REPO Rate, Reverse REPO rate, Capital Adequacy Ratio. Every customer should have the understanding of these concepts as these determi...

These days many customers suffer with Low CIBIL Score. Some of the reasons are:

Poor payment track record on account of repeated EMI bounces or defaults, High Credit Utilization, Frequent submission of Loan applications, Unpaid/defaulted Loans, Settlement of loans
In this video, we have explained a step by step approach in rectifying the CIBIL Score including Credit Builder Program.

You can repair your score by subscribing to credit builder program. Many private and public sector banks offer credit score programs.
ICICI Bank is offering an excellent facility to rebuild, repair or improve the Credit score It is called Credit Builder Program.
The credit history will start improving gradually and consequently, improve the overall Credit Score.

For more details, pls watch the video. Pls Like, Share, Subscribe and Comment.
You can send us queries at [email protected]

https://www.youtube.com/watch?v=th8IxywanIk&t=30s

How to rectify CIBIL Score - Sudapalli JP.Rao These days many customers suffer with Low CIBIL Score. Some of the reasons are:Poor payment track record on account of repeated EMI bounces or defaults, High...

Do you know that Fixed Obligation to Income Ratio (FOIR) is most commonly used variable or parameter by financial institutions be it Banks, NBFCs, Loan Cos to assess the applicant’s eligibility for the loan. It gives a quick snapshot of borrower’s financial ability to repay the loan. In this video we will take you through the components of FOIR and how the loan eligibility is determined.

At the end of this video, you can check your loan eligibility with simple calculations.

Every Bank or financial institution try to check two important aspects before deciding on your loan application.
1)What is your monthly income
2)What are your monthly expenditure or outflow or fixed obligations.

For more details, pls watch the video. Pls Like, Share and Subscribe.
For any queries, pls write to [email protected]

https://www.youtube.com/watch?v=S4b6Gk0PC98

How to calculate Loan eligibility ? - Sudapalli JP.Rao Every Bank or financial institution try to check two important aspects before deciding on your loan application1)What is your monthly income2)What are your m...

Credit Cards are commonly used financial instruments for day-to-day transactions. Be it purchase of groceries, fuel, clothes, rail, road, airline tickets, payment of restaurant bills.

However one has to be familiar with the Credit card billing as most of the customers tend to falter or commit mistakes and end up paying penalty charges, excess interest and finally spoiling the CIBIL Score.

Pls watch the video to know the important tips to save on credit card bill payments. Pls Like, Share, Subscribe and Comment.

For more details, pls mail your queries to [email protected],

https://www.youtube.com/watch?v=BbEnW3wiDP0&t=2s

Savings on Credit Card Bills - Detailed : Sudapalli JP.Rao Credit Cards are commonly used financial instruments for day-to-day transactions. Be it purchase of groceries, fuel, clothes, rail, road, airline tickets, p...

The Finance Minister has announced formation of National Asset Reconstruction Company Limited on September 16, 2021 to takeover the bad loans of banks to the tune of Rs 2 Trillion in various phase. NARCL which is also called as bad bank will takeover the bad loans of various banks. 15% cash payment will be made to banks for NPAs based on some valuation and Security Receipts will be given for remaining 85% of the value.

Funds or capital to the extent of the value of NPA Loans was blocked in books of accounts so far. But with the Bad Bank issuing cash payment to the extent of 15% of the value of the NPAs, the banks will have more money to lend and generate income and profits.

For more details on bad bank and NPA resolutions, pls write to [email protected]



https://www.youtube.com/watch?v=CKmbzSv_QE0

What is Bad Bank ??? - Sudapalli JP.Rao The Finance Minister has announced formation of National Asset Reconstruction Company Limited on September 16, 2021 to takeover the bad loans to the tune of ...

LoanCare is a social initiative started by experienced Banking professionals to promote financial literacy. The aim is to empower customers in making well informed financial decisions on Savings, availing Loans, Investments.

Some of the objectives of Loancare are:

discipline
on safe & secure digital banking
Credit Risks
on Consumer rights, duties, customer grievance redressal.
and investments in financial products
Lenders & borrowers

https://lnkd.in/gf9C5DSx

Savings, Loans, Investments - LoanCare Intro LoanCare is a social initiative started by experienced Banking professionals to promote financial literacy. The aim is to empower customers in making well in...

LoanCare updated their information in their About section.

Credit Cards are commonly used financial instruments for day-to-day transactions. Be it purchase of groceries, fuel, clothes, rail, road, airline tickets, payment of restaurant bills.

However one has to be familiar with the Credit card billing as most of the customers tend to falter or commit mistakes and end up paying penalty charges, excess interest and finally spoiling the CIBIL Score.

Credit card monthly interest rates are in the range of 3.35% to 3.5%. The Annual Percentage Rate(APR) will be 40%.

Banking expert Sudapalli Jaya Prasad Rao shares important tips on savings on Credit Card bills.

For more details write to [email protected]



https://www.youtube.com/watch?v=q0ZBClk1OVY

Savings on Credit Card Bills - Sudapalli JP.Rao Credit Cards are commonly used financial instruments for day-to-day transactions. Be it purchase of groceries, fuel, clothes, rail, road, airline tickets, p...

Home purchase is dream of every individual be it a newly joined employee, professional, married couple, middle age person, house wife.
In this video Banking Expert, Sudapalli Jaya Prasad Rao shares how to save Interest on Home Loan EMIs by following simple steps.

The Interest rates are linked to Prime Lending Rate or Marginal Cost of Funds based Lending rate which are again directly linked to REPO Rate. REPO Rate is the rate at which RBI lends to the commercial banks.

Pls watch complete video to know the method of saving interest on Home Loan EMIs.

For more details please write to [email protected]

Pls Like, Share, Subscribe and Comment



https://www.youtube.com/watch?v=aUpZXpnT6eg&t=108s

How to save on Home Loan EMIs Home purchase is dream of every individual be it a newly joined employee, professional, married couple, middle age person, house wife. In this video we share...

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