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Wednesday, January 23, 2019

Loan sizes higher when women borrow

BankBazaar CEO Adhil Shetty said the higher loan amount when a woman applies could indicate it’s a household with two incomes, unlike when a male applies, where he could be the only breadwinner. Banks also have special loan offers for women, with interest rates many basis points (100bps = 1 percentage point) lower than for men.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News


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