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Will the 700 billion dollars that the government is lending out be repaid with interest or without interest?
Rheya19
Option 3: not at all. If we're lucky, we'll get back half of the principle, but we will not get any interest, and will not even get back the full 700 billion.
Wiki User
∙ 15y ago
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What is Priority sector lending?
Some areas or fields in a country depending on its economic condition or government interest are prioritized and are called priority sectors i.e industry, agriculture. these may further be sub divided. Banks are directed by the state bank of the country that loans must be given on reduced interest rates with discounts to promote these fields. Such lending is called priority sector lending .
What is priority sector lending in banks?
Some areas or fields in a country depending on its economic condition or government interest are prioritized and are called priority sectors i.e industry, agriculture. these may further be sub divided. Banks are directed by the state bank of the country that loans must be given on reduced interest rates with discounts to promote these fields. Such lending is called priority sector lending
Is the interest on payday lending too high?
Payday lending is expensive and the interest adds up daily and their can be hidden fees.Research the companies out there to find the best fit for you and your situation.
What is non priority sector lending in banks?
Other than priority sector lending i.e. education,agriculture,housing etc...these all are priorty sector lendings. And like personal loan,credit card all these are count in non priority lending. Diffrence is interest rate is high for non priority lending. Government is too cautious for priority lending because it can boost our indian economy.
What is a lending investor?
A Lending Investor is a person who make a practice of lending money for themselves or others at interest and who are not organized under any specialized chartered law.
What is a concessional interest rate?
An interest concession is a reduction, compared with commercial interest rates, in the interest rate charged on a loan taken out. Such concessions are typically provided directly by a government agency or by a government grant to a lending bank (in the case of a commercial loan).
What is the practice of lending money for interest?
the practice of lending money is the practice of your moms vagina
What is the fee for lending money called?
The fee for lending money can refer to each of these: 1. Points. This is a term often used in mortgage lending. 2. Interest. This is most used for the cost of an unpaid loan.
What is Priority sector lending?
Some areas or fields in a country depending on its economic condition or government interest are prioritized and are called priority sectors i.e industry, agriculture. these may further be sub divided. Banks are directed by the state bank of the country that loans must be given on reduced interest rates with discounts to promote these fields. Such lending is called priority sector lending .
What is priority sector lending in banks?
Some areas or fields in a country depending on its economic condition or government interest are prioritized and are called priority sectors i.e industry, agriculture. these may further be sub divided. Banks are directed by the state bank of the country that loans must be given on reduced interest rates with discounts to promote these fields. Such lending is called priority sector lending
What is the practice of lending money for interest known as?
usury
When did the christians start lending money with interest?
NEVER
Is the interest on payday lending too high?
Payday lending is expensive and the interest adds up daily and their can be hidden fees.Research the companies out there to find the best fit for you and your situation.
What is non priority sector lending in banks?
Other than priority sector lending i.e. education,agriculture,housing etc...these all are priorty sector lendings. And like personal loan,credit card all these are count in non priority lending. Diffrence is interest rate is high for non priority lending. Government is too cautious for priority lending because it can boost our indian economy.
How much do I have to pay back in interest if I take a loan out on my 401K?
The interest rate really depends on what the prime lending rate is. As the interest rate is the prime lending rate plus an additional percentage point or two.
What is a lending investor?
A Lending Investor is a person who make a practice of lending money for themselves or others at interest and who are not organized under any specialized chartered law.
What are some examples of well-known lending interest rates?
Well-known lending interest rates include the prime rate, the discount rate, and consumer rates for automobiles or mortgages.
