4.1. Demographics. Many borrowers in our sample were of working age.

September 17, 2020 By In long term installment loans No Comment

4.1. Demographics. Many borrowers in our sample were of working age. Figure 1: Respondent age bracket Respondent age group per cent 18-24 6 25-34 24 35-44 27 45-54 21 55-59 10 60-64 7 65+ 6 As shown in Figure 1, 72 per cent of respondents had been between 25 and 54 years old. Eighty-three per

Read More

No penal or bounce cheque costs could be levied for debtor provided moratorium

September 6, 2020 By In long term installment loans No Comment

No penal or bounce cheque costs could be levied for debtor provided moratorium Relief beneath the policy throughout the moratorium duration. Business, SME and MSME (including company Banking & Kisan charge card) clients who possess availed performing capital facilities through the Bank may also be qualified to receive moratorium relief. Such clients will get in

Read More