While approaching the bank every potential customer has atleast some idea of ‘how long’ his relationship with the bank will be for this particular transaction or in laymen’s terms what will be the duration of this loan? This duration for which the customer will ay installment-based repayments to the bank is also known as the [...]
Car leasing today seems to have become a hard science with all the islamic/unislamic/fixed-rate/KIBOR-linked rate/flexible-tenure/flexible-downpayment/insurance options ‘mumbo-jumbo’ and what not but infact it is as much an art as painting or photography. Before I confuse you further with my ‘Science of Art’ lecture here is me breaking my “banker’s code” to let you in on [...]
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