8 Things You Need to Know to Deal With Financial Distress

Financial Distress

NPA figure in the banking and NBFC industry is exorbitant. Banks are suffering but what about the borrowers who have suffered business loss. They are facing recovery agents, social abstinence, legal battles, the stress of managing family expectations and responsibility of turning around the business. The situation is dire. People suffering from financial distress are … Continue reading 8 Things You Need to Know to Deal With Financial Distress

Do you know easy availability of loans can ruin your life?

Dangers of Loans

Mr. R who was a small entrepreneur lived in a posh suburb of Mumbai. He was always cash-starved like many other small entrepreneurs.   He enjoyed bank limit for his working capital needs. His appetite for growth was far more than the bank’s lending parameters. However, since the last couple of years, his cash crunch problem … Continue reading Do you know easy availability of loans can ruin your life?