surbhi

New member
HI
this is surbhi i urgently require an analysis of the Indian banking Industry as a whole including public sector banks and private sector banks a detailed analysis of the banking industry.Kindly if possible with anyone send it to the following mail id <No Email Id Allowed> thanking you in anticipation
surbhi
 
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ankitgokani

MP Guru
HI
this is surbhi i urgently require an analysis of the Indian banking Industry as a whole including public sector banks and private sector banks a detailed analysis of the banking industry.Kindly if possible with anyone send it to the following mail id <No Email Id Allowed> thanking you in anticipation
surbhi

well wat all u want plz mention in detail so we cud help u properly
 

kartik

Kartik Raichura
Staff member
Amazing thread on Banking Terms
Glossaries of economy and finances with detailed explanations of words, acronyms and definitions belonging to the finance and banking terminology.


What is reverse mortgage in banking terminology?


A reverse mortgage is a mortgage in which the borrower is making monthly payments that are smaller than the interest on the loan. So instead of the principal balance decreasing over time, it is increasing. When the borrower dies, the house is sold and the mortgage company gets the higher principal balance.

Reverse mortgages are typically sold to older people who have equity in the house that they can pull out in cash. They may want to use money from their equity while they are still alive instead of leaving a lot of equity in the house when they die.
 

vidyavenu

New member
What is reverse mortgage in banking terminology?


A reverse mortgage is a mortgage in which the borrower is making monthly payments that are smaller than the interest on the loan. So instead of the principal balance decreasing over time, it is increasing. When the borrower dies, the house is sold and the mortgage company gets the higher principal balance.

Reverse mortgages are typically sold to older people who have equity in the house that they can pull out in cash. They may want to use money from their equity while they are still alive instead of leaving a lot of equity in the house when they die.
 

spab

New member
Hi Friends
Here posting: "Completer Guide To Banking Terminology

HI all.. how to download this file ................................................................................................ .................................
 
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