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Snyder ‘open’ to ending EAA school reform - The Detroit News

The Detroit NewsSnyder ‘open’ to ending EAA school reformThe Detroit NewsGov. Rick Snyder said Monday he’s “open” to disbanding his controversial Education Achievement Authority if it’s part of a deal with the Legislature to overhaul public education governance in Detroit. The Republican governor started the authority three …and more »

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HDFC Bank launches 10-second personal loan disbursement scheme - Business Standard

Business StandardHDFC Bank launches 10-second personal loan disbursement schemeBusiness StandardCommenting on the development, HDFC Bank Unsecured Loans, Home & Mortgage Loans Business Head Arvind Kapil said: “Most customers expect banks to connect the dots between online and offline options to deliver convenient, consistent service.”and more »

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Need of the hour: Disclosure transparency - The Indian Express

The Indian ExpressNeed of the hour: Disclosure transparencyThe Indian ExpressBanks classify a bad loan account technically as NPA only after three months. As per the RBI norms, an account becomes NPA if interest and/ or installment of principal remain overdue for a period of more than 90 days in respect of a term loan. “Many of …

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What’s a Good Interest Rate on a Personal Loan? - NerdWallet (blog)

What’s a Good Interest Rate on a Personal Loan?NerdWallet (blog)In most cases, rates start around 10% APR for people with good credit who are taking out an unsecured loan — one that does not require collateral — from banks and credit unions. Borrowers with excellent credit may be able to find lower rates from …and more »

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Buddhist Monk in Thailand Relies on Karma for Lending Success - Wall Street Journal

Wall Street JournalBuddhist Monk in Thailand Relies on Karma for Lending SuccessWall Street JournalIn rural areas, government-sponsored village credit programs have lent more than $5 billion since the idea caught on in the early 2000s, making Thailand one of the biggest players in the global microfinance scene. Nonetheless, demand for Phra Subin’s …

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