Posts tagged with "loan"


  • Sep 7, 2024

    Loan On Farm

    If you remember, the previous owner of our farm had a loan on the farm. They obtained the loan from a cooperative bank. At the time of registration, the agreement between us was that they will clear the loan once they receive money from us on the registration date. Once they repay the bank loan, the bank is supposed to report it to the Tahsildar office and the loan record is supposed to be cleared from our land documents. But it was easier said than done. Before receiving money, everyone agrees to all kinds of conditions. Once the money changes hands, we have to run behind them to get the things to which they agreed to do so willingly and cheerfully.

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  • May 9, 2022

    Impact Of Repo Rate Hike

    In the previous post we discussed about inflation and how it can be tamed by central banks. One of the ways to reduce inflation is by reducing the amount of money people spend. This can be done by increasing the rate of interests on loans or by making safe investments so attractive that people will save money in banks instead of spending on things. Think of it this way – if your home loan EMI increases, you will have less to spend on other things right? Alternatively, suppose you don’t have any loans, but you are a saver. Then if the FD interest rate went up from 5% to 6%, you might save more instead of spending and causing inflation. That was a very simplified explanation of course, but lets just go with it.

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  • Nov 13, 2020

    Is It Better To Buy Or Rent A House?

    There are already tons of articles about which is better -- buy or rent. In this post I will give my perspective on this subject. The topic is about buying a house to live in as compared to renting a house. If you are looking to compare investing in real estate vs equity investment, you might want to read my other article. The problem with making this kind of comparison is that it depends on a lot of factors. Lets take an example to help understand.

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