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  2. Udyog Aadhaar - Wikipedia

    en.wikipedia.org/wiki/Udyog_Aadhaar

    In 2020, the Government of India replaced Udyog Aadhaar to Udyam Registration. As of October 2023, over 2.81 crore MSMEs have registered under Udyam, including those migrated from the previous Udyog Aadhaar Memorandum (EAM) scheme. [ 6 ]

  3. 0% finance - Wikipedia

    en.wikipedia.org/wiki/0%_finance

    Often, the biggest cost may involve forfeiting a cash discount which might otherwise be available on a cash purchase. [ 2 ] Suppose a customer opted for 0% finance to buy an electronic device worth $1000, offered on a term of 6 months' EMIs, with a $50 application processing fee and one month's EMI in advance.

  4. Ministry of Micro, Small and Medium Enterprises - Wikipedia

    en.wikipedia.org/wiki/Ministry_of_Micro,_Small...

    The now-defunct Ministry of Agro and Rural Industries had the objectives of facilitating coordinated and focused policy formulation and effective implementation of programmes, projects, schemes, etc., for improving supply chain management, enhancing skills, upgrading technology, expanding markets and capacity building of entrepreneurs/artisans and their groups/collectives.

  5. Industrial loan company - Wikipedia

    en.wikipedia.org/wiki/Industrial_loan_company

    Under this lending approach, would-be borrowers had to submit references from two people of like character and earning-power to prove the borrower's creditworthiness, and agreed to repay the loan through the purchase of Installment Thrift Certificates in weekly installments equal to the face value of the loan, less origination and investigative ...

  6. No-closing-cost mortgage: How it works and how to decide if ...

    www.aol.com/finance/no-closing-cost-mortgage...

    Rolling costs into your loan balance: Let’s assume you’re seeking to borrow $250,000, and your closing costs total $8,000. That means your mortgage principal — the amount you’ll actually ...

  7. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a connected company) acts as an intermediary between the bank or financial institution and the consumer. Other forms of secured loans include loans against securities – such as shares, mutual funds, bonds, etc.

  8. Negative amortization - Wikipedia

    en.wikipedia.org/wiki/Negative_amortization

    This is for a 30 year loan term. Newer payment option loans often offer a 40 year term with a higher underlying interest rate. Life cap; The maximum interest rate allowed after recast according to the terms of the note. Generally most NegAm loans in the last 5 years have a life cap of 9.95%. Today many of these loans are capped at 12% or above.

  9. Export subsidy - Wikipedia

    en.wikipedia.org/wiki/Export_subsidy

    Export subsidies can cause inflation: the government subsidises the industry based on costs, but an increase in the subsidy is directly spent on wage hikes demanded by employees. Now the wages in the subsidised industry are higher than elsewhere, which causes the other employees demand higher wages , which are then reflected in prices ...