Loan Express – Stratia Wire http://stratiawire.com/ Fri, 13 May 2022 17:56:25 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://stratiawire.com/wp-content/uploads/2022/03/stratiawire-icon-120x120.jpg Loan Express – Stratia Wire http://stratiawire.com/ 32 32 2022 Chevy Equinox Gets $0 Lease Ahead of Memorial Day https://stratiawire.com/2022-chevy-equinox-gets-0-lease-ahead-of-memorial-day/ Fri, 13 May 2022 17:11:15 +0000 https://stratiawire.com/2022-chevy-equinox-gets-0-lease-ahead-of-memorial-day/ The 2022 Chevrolet Equinox LT has great rental deals ahead of the Memorial Day holiday. This offer could include a Sign and Drive lease with no down payment which equals a lot of savings if you are looking to lease your next Chevy Equinox. Here’s what we know about the latest ways to save. According […]]]>

The 2022 Chevrolet Equinox LT has great rental deals ahead of the Memorial Day holiday. This offer could include a Sign and Drive lease with no down payment which equals a lot of savings if you are looking to lease your next Chevy Equinox. Here’s what we know about the latest ways to save.

According to a dealer incentive newsletter, you could get a great deal on the new 2022 Chevy Equinox in base LT trim. The rental rate is exceptional, equivalent to 0.72% for 24 months and 2.11% up to 39 months. If you’re an eligible customer, that means you can lease the 2022 Equinox starting at just $299 per month for up to 36 months with $0 due at signing.

The deal applies to new 2022 Chevy Equinox models leased by May 31. Lease payments are slightly higher on a 48-month loan, amounting to $306 per month. Tenants must be well qualified. This rental agreement includes 10,000 miles of driving allowance.

To qualify for Sign and Drive savings, you must be a current lessee of a 2017 or newer GM car, or a non-GM competitor. If you’re not currently in a lease, you may face higher fees, such as needing a signing amount or a slightly higher monthly payment.

For comparison, it’s a similar offering to one of Equinox’s competitors, the Honda CR-V, but with a better lease rate.

The CR-V has a higher lease rate of 4.17%, but payments equal the same $299 per month for 36 months. One significant difference is that the CR-V requires $3,399 to sign up. The Honda retains a few more percentage points of its residual value than the Equinox at the end of the lease. Since it depreciates more slowly, it could be a good long-term deal, especially if you’re considering buying out your lease.

Memorial Day is usually the time of year when the summer deals really kick off. With rates rising and many automakers slashing their offers, we can’t help but wonder what kind of sales we’ll see in addition to the Sign and Drive offer offered by General Motors on select rental models this month- this.

GM is also one of the manufacturers that keeps excellent APR promotions for buyers, despite the rate hike. If leasing isn’t in your sights right now, you can choose to purchase a new 2022 Chevy Equinox at 0% APR for up to 60 months if you qualify.

Best car deals for Memorial Day

Pictured: 2022 Chevrolet Equinox (top), 2022 Honda CR-V (middle)

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Telangana government seeks ways to boost revenue – The New Indian Express https://stratiawire.com/telangana-government-seeks-ways-to-boost-revenue-the-new-indian-express/ Wed, 11 May 2022 22:32:00 +0000 https://stratiawire.com/telangana-government-seeks-ways-to-boost-revenue-the-new-indian-express/ Express press service HYDERABAD: State government officials are currently racking their brains over how to mop up additional financial resources following the Union Finance Ministry’s enforcement of free market borrowing curbs in under the Fiscal Responsibility and Fiscal Management (FRBM) Act. Clarity on whether the Union Finance Ministry will allow Telangana to raise FRBM loans […]]]>

Express press service

HYDERABAD: State government officials are currently racking their brains over how to mop up additional financial resources following the Union Finance Ministry’s enforcement of free market borrowing curbs in under the Fiscal Responsibility and Fiscal Management (FRBM) Act.

Clarity on whether the Union Finance Ministry will allow Telangana to raise FRBM loans later will emerge this week. In case the Center does not grant permission, the state government will fall short of a whopping Rs 53,000 crore in revenue this financial year.

Thus, government officials are seriously exploring various options to generate state own revenue (SOR) to continue social welfare programs such as Dalit Bandhu and Rythu Bandhu. That aside, “incurred expenses” such as salaries also weigh heavily on their minds.

The plan, sources say, is to generate an additional Rs 30,000-Rs 40,000 crore in this financial year. Officials are focused on auctioning off government land, which is not being used. Land will be auctioned not only in Hyderabad but also in the districts.

The state government has already increased green tax, life tax and other vehicle taxes. Some loopholes in the mining sector have been closed, which could also pay off big.

In addition, government officials can also take certain decisions to increase excise revenue. GO 111 having been lifted in 84 villages, the State expects a revival of land activity which will generate additional income.

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This very cheap Warren Buffett stock is beating the market https://stratiawire.com/this-very-cheap-warren-buffett-stock-is-beating-the-market/ Tue, 10 May 2022 09:58:00 +0000 https://stratiawire.com/this-very-cheap-warren-buffett-stock-is-beating-the-market/ Volatility has fueled the market for several months. The past week has been exceptional, with massive gains following the Federal Reserve’s latest interest rate decision on Wednesday, giving way to equally large losses on Thursday. At the weekend, the S&P500 was lower than where it started. While this naturally instills fear in the investing community, […]]]>

Volatility has fueled the market for several months. The past week has been exceptional, with massive gains following the Federal Reserve’s latest interest rate decision on Wednesday, giving way to equally large losses on Thursday. At the weekend, the S&P500 was lower than where it started.

While this naturally instills fear in the investing community, it also gives us a chance to see which stocks outperform when times are tough. One stock that has beaten the market this year and is holding steady is American Express (AXP -3.67%)and this Warren Buffett favorite is trading at a very cheap valuation.

Image source: American Express.

Invest in the future

American Express has fully recovered from the pandemic despite travel, one of its main categories, still under pressure. In the first quarter of 2022, revenue grew 29% year-over-year to $11.7 billion, with volume up 30%. And travel trends are beginning to reverse. Travel and entertainment spending was up 121% from a year ago, though still 12% below 2019 levels. It was most pronounced in spending by airlines, which increased by 245% compared to last year.

CEO Stephen Squeri attributed the company’s success to investments in “brand, customers, value propositions, coverage, technology and talent”. That’s a lot to juggle, but each one has helped redefine American Express’ position in its industry and lead to long-term success.

Much of that investment has focused on reaching beyond its traditional high-income cohort to win over small businesses and millennial shoppers. Spending hit a record high in March, driven by spending by Millennials and Gen Xers, which grew 56% year-over-year. Customers are more interested in digital and mobile options, as well as new cardholder benefits. And although the company’s main partners, such as Delta Airlines and Hilton Worldwide Holdingsremain an important strategic part of the benefits package, it adds more innovative partners to meet new demand, such as Vanguard’s financial advice.

Small business volume increased 30% over last year, and small and medium-sized enterprises (SMEs) represent an increasingly large share of overall business activity. SMB business has fallen from 36% of billed business in 2019 to 38% this year.

Cardholder retention improved significantly and fees increased 14% year over year, representing 12% of total revenue. The year-over-year increase has accelerated in recent quarters, and acquisitions of new cards have also accelerated.

Looking ahead, management expects revenue growth of 18% to 20% year over year for the full year, above long-term growth for 2023, and 10% or more for 2024 and beyond. Earnings per share are expected to increase in the mid-teens. That’s double-digit long-term growth. This accounts for a recovered economy, and forecasting that long is not necessarily reliable. However, it also takes into account economic trends over American Express’ long history and how it has responded. Given the strengths and investments of the company and the evolution of economic trends in the past, investors can have a certain level of confidence in this projection.

Solid, safe and inexpensive

American Express stock has also outperformed the broader market over the long term, and you can see precisely in this chart how it lagged during the pandemic, but has now returned to its usual performance.

^ SPX Chart

^SPX given by Y-Charts

American Express shares are trading at a 12-month price-to-earnings (P/E) ratio below 17, compared to credit card processing giants Visa at age 32, and MasterCard at 36. To be fair, there’s more risk with the lending business of American Express, which Visa and Mastercard don’t, because they provide a network and work with the banks, which provide the loans. As its own closed-loop network, American Express has some similarities to bank stocks, which typically trade at much lower P/E ratios.

The future of American Express looks very bright, and the stock is trading at what seems like a very cheap price given that it expects double-digit growth over the long term. No wonder it’s a longtime Buffett holding. Individual investors should also consider this obvious stock for their portfolios.

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UK pledges more aid to Ukraine as Europe celebrates VE Day https://stratiawire.com/uk-pledges-more-aid-to-ukraine-as-europe-celebrates-ve-day/ Sun, 08 May 2022 10:04:21 +0000 https://stratiawire.com/uk-pledges-more-aid-to-ukraine-as-europe-celebrates-ve-day/ LONDON (AP) — Britain will provide an additional 1.3 billion pounds ($1.6 billion) in military support to Ukraine to help the country defend against Russian forces, officials said Sunday. British Prime Minister Boris Johnson, US President Joe Biden and leaders of other Group of Seven countries are expected to speak online with Ukrainian President Volodymyr […]]]>

LONDON (AP) — Britain will provide an additional 1.3 billion pounds ($1.6 billion) in military support to Ukraine to help the country defend against Russian forces, officials said Sunday.

British Prime Minister Boris Johnson, US President Joe Biden and leaders of other Group of Seven countries are expected to speak online with Ukrainian President Volodymyr Zelenskyy on Sunday to discuss additional support.

The meeting is partly meant to show unity among Western allies on VE Day, which marks the surrender of Nazi Germany in 1945.

The funding, which comes from UK government reserves, includes £300m of military equipment pledged by Prime Minister Boris Johnson earlier this week, such as radar systems to target Russian artillery, GPS jamming equipment and night vision devices.

The British government said it was the highest rate of British military spending for a conflict since Iraq and Afghanistan.

Officials said Johnson would meet with British arms companies later this month to discuss increasing production in response to demand created by the conflict in Ukraine.

Johnson said British aid to Ukraine would also help boost Britain’s defense economy.

Britain has already pledged around £1.5 billion to Ukraine, including humanitarian aid and loan guarantees.

Also on Sunday, the Croatian Prime Minister visited Ukraine following reports that a Croatian citizen fighting in Mariupol had been captured by Russian forces.

The Croatian government said in a statement that Andrej Plenkovic’s visit presented “an expression of solidarity and support” with the Ukrainian leadership and the people.

“Croatia knows what it is like to be under military aggression and it continues to offer political, diplomatic, financial, humanitarian, technical and any other possible assistance to Ukraine,” the statement said.

Plenkovic met with Ukrainian President Volodymyr Zelenskyy and other officials. The delegation included the Croatian Ambassador to Ukraine who will remain at the Embassy in Kyiv.

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Sri Lankan leader declares state of emergency amid protests https://stratiawire.com/sri-lankan-leader-declares-state-of-emergency-amid-protests/ Fri, 06 May 2022 17:34:58 +0000 https://stratiawire.com/sri-lankan-leader-declares-state-of-emergency-amid-protests/ COLOMBO, Sri Lanka (AP) — Sri Lanka’s president declared a state of emergency Friday amid widespread public protests demanding his resignation following the country’s worst economic crisis in recent memory. President Gotabaya Rajapaksa issued a decree declaring a state of emergency effective Friday. Sri Lanka is on the brink of bankruptcy after announcing it was […]]]>

COLOMBO, Sri Lanka (AP) — Sri Lanka’s president declared a state of emergency Friday amid widespread public protests demanding his resignation following the country’s worst economic crisis in recent memory.

President Gotabaya Rajapaksa issued a decree declaring a state of emergency effective Friday.

Sri Lanka is on the brink of bankruptcy after announcing it was suspending foreign loan repayments and its usable foreign exchange reserves fell below $50 million. It has $7 billion in foreign loan repayments this year out of $25 billion to repay by 2026.

Rajapaksa’s announcement comes as protesters demonstrate near parliament while others continue to occupy the entrance to the president’s office, demanding that Rajapaksa and his powerful ruling family step down, blaming them for the economic crisis.

Similar protests have spread to other places, with people setting up camps opposite the prime minister’s residence and other towns across the country.

For several months, Sri Lankans have endured long queues to buy fuel, cooking gas, food and medicine, most of which come from abroad. Hard currency shortages have also hampered imports of raw materials for manufacturing and worsened inflation, which jumped to 18.7% in March.

As oil prices soar during the Russian-Ukrainian conflict, Sri Lanka’s fuel stocks are running low. Authorities have announced nationwide power cuts extending up to 7.5 hours a day because they cannot supply enough fuel to power stations.

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Four Premier League clubs Jesse Lingard could join as star determined to leave Man Utd | Soccer | sport https://stratiawire.com/four-premier-league-clubs-jesse-lingard-could-join-as-star-determined-to-leave-man-utd-soccer-sport/ Thu, 05 May 2022 06:00:00 +0000 https://stratiawire.com/four-premier-league-clubs-jesse-lingard-could-join-as-star-determined-to-leave-man-utd-soccer-sport/ Jesse Lingard has decided he will leave Manchester United permanently this summer after being snubbed by Ralf Rangnick in the Red Devils’ 3-0 win over Brentford on Monday, according to reports. England star Lingard saw Edinson Cavani, Fred and Phil Jones all used as substitutes ahead of him. Rangnick’s failure to use the attacking midfielder […]]]>

Jesse Lingard has decided he will leave Manchester United permanently this summer after being snubbed by Ralf Rangnick in the Red Devils’ 3-0 win over Brentford on Monday, according to reports. England star Lingard saw Edinson Cavani, Fred and Phil Jones all used as substitutes ahead of him.

Rangnick’s failure to use the attacking midfielder added to the player’s frustration, according to the shimmer. Lingard is apparently fed up with the lack of playing time, having played just 16 times in the Premier League this season.

The 29-year-old’s contract expires this summer and he will be one of the few top free agents with clubs hoping for a summer bargain. sports express looks at four of United’s top rivals who can profit from their inability to use Lingard.

Newcastle

Oil-rich Newcastle came close to signing Lingard in January. United caretaker boss Rangnick had apparently gone so far as to give his blessing to the academy graduate’s departure.

But it was at a time when the fury of Premier League clubs over the takeover of Newcastle last October remained high. The rivals were unwilling to make deals with the Magpies, who ended up spending £80million during the winter window.

JUST IN: Leeds brace for Barcelona bid for ‘main target’ Raphinha

West Ham

It was a loan spell with the Hammers that revived Lingard’s career in England and the Premier League. He scored nine goals in 16 appearances during a temporary move to the London Stadium in the second half of the 2020-21 campaign.

The 32-time Three Lions ace played a key role in helping David Moyes’ side qualify for the Europa League. He could watch with some regret as West Ham take on Eintracht Frankfurt in their semi-final second leg clash on Thursday.

Moyes was keen for Lingard to be signed on a permanent deal, but United ruled them out of a move. Lingard also wanted to test himself at Old Trafford, but his renewed position could see him return to East London.

AstonVilla

Villa boss Steven Gerrard has high hopes of retaining Philippe Coutinho this summer. The Brazilian will return to Barcelona having rekindled his reputation as the best attacking midfielder, having scored four goals and assisted two more in the Premier League since January.

However, if the Villans can’t agree a fee with Barca, turning their attention to Lingard would provide them with a great alternative. There are unlikely to be many better free agents available for a club of Villa’s stature.

Lingard would be given a free role behind Villa’s two forwards in Gerrard’s preferred diamond midfield formation.

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Nykredit and Totalkredit auction conditions https://stratiawire.com/nykredit-and-totalkredit-auction-conditions/ Tue, 03 May 2022 13:15:00 +0000 https://stratiawire.com/nykredit-and-totalkredit-auction-conditions/ Nykredit Realkredit A/S To Nasdaq Copenhagen 2022-05-03 Nykredit and Totalkredit auction conditions The total bond supply under the Adjustable Rate Mortgage (ARM) Interest Rate Adjustment and Floating Rate Loan Refinance at the Nykredit and Totalkredit Refinance Auctions is expected to rise at approx. 23.3 billion Danish crowns. The auctions will take place from May 17 […]]]>

Nykredit Realkredit A/S

To Nasdaq Copenhagen

2022-05-03

Nykredit and Totalkredit auction conditions

The total bond supply under the Adjustable Rate Mortgage (ARM) Interest Rate Adjustment and Floating Rate Loan Refinance at the Nykredit and Totalkredit Refinance Auctions is expected to rise at approx. 23.3 billion Danish crowns. The auctions will take place from May 17 to 20, 2022.

During the auction period, Nykredit Realkredit A/S will publish daily the amounts offered in the individual ISINs at nykredit.com/ir.

The terms of the auctions including a list of the bonds offered, the amounts offered and an auction calendar are set out in Annexes 1 and 2.

Questions regarding the sale of bonds as well as technical questions can be directed to Nykredit Realkredit A/S, Group Treasury, Emil Schmidt Andreasen, tel. +45 44 55 22 72.

Any other questions can be addressed to Corporate Communications, tel +45 44 55 14 50.

Appendix 1: Auction Terms

Bonds Offered, Amounts Offered and Auction Schedule
Appendix 2 contains auction schedules, lists of bonds offered, expected amounts and settlement dates. The tables indicate whether Nykredit Realkredit A/S expects the bonds to be offered at auction.

Each morning at 09:00 CET during the auction period, the amounts offered that day in individual ISINs will be published on nykredit.com/ir under “Debt”, where you will find information on the refinancing auctions.

Refinancing Principles – ARM
The Nykredit Group offers fixed rate non-callable bullet covered bonds for the adjustment of ARM interest rates on the basis of the “refinancing price” principle.

For the adjustment of interest rates to the refinancing price, the bonds are sold at one or more bond auctions. The price is set as a weighted average of the prices obtained at auction.

If the Nykredit group finds that the amount of bonds offered at an auction is not sufficient to obtain a price consistent with the market, the refinancing price will instead be based on the consolidated reference price of the bond in question listed at Nasdaq Copenhagen.

Principles of refinancing – variable rate loans
Floating rate loans are refinanced at three stand-alone auctions.

  • ISIN DK000953474-5 is no itaffordable. The mortgage guarantee is offered and settled at a price of 100.20. Based on the offer price, offers must be made according to the reference rate spread used for regular fixing of the coupon.

  • ISIN DK000953458-8 is not callable. The mortgage guarantee is offered and settled at a price of 100.20. Based on the offer price, offers must be made according to the reference rate spread used for regular fixing of the coupon.

  • ISIN DK000953733-4 is vsaffordable at a price of 105 and has a cap of 3%. The mortgage guarantee is offered and settled at a price of 100.20. Based on the offer price, offers must be made according to the reference rate spread used for regular fixing of the coupon.

Credit ratings
All bonds auctioned through Capital Center H and G are rated AAA by S&P.

Auction
Offers of fixed rate non-callable bullet covered bonds must be made in terms of amount and price. For bonds maturing within 14 months, offers must be made at prices correct to three decimal places. Other offers must be made to two decimal places.

For all DKK-denominated bonds, bids must be made in multiples of DKK 100,000, and for all EUR-denominated bonds in multiples of EUR 10,000.

Several offers can be made in the same ISIN.

Auction Type
Mortgage bonds issued through Capital Center H ang G will be auctioned through Nasdaq Copenhagen’s auction submarket: 136 – CPH Auctions. Participants are stockbrokers and investors with access to the Nasdaq Copenhagen auction submarket.

Award
With respect to obligations for which offers are made in terms of price, offers above the set price will be settled in full, and offers at the set price may be accepted on a pro rata basis.

For bonds where bids are made in terms of the benchmark spread, bids below the cut-off spread will be settled in full, and bids at the cut-off spread may be accepted on a pro rata basis.

All completed transactions will be published via Nasdaq Copenhagen.

The auction will take place as soon as possible, but no later than 10 minutes after closing.

Conditional bond offering with interest rate trigger
A condition of the final completion of a sale (attribution) of bonds offered with an interest rate trigger is that the yield to maturity of the bonds does not increase by more than 5 percentage points. Reference is made to the Danish law on mortgages and mortgage bonds, etc.

Value date
All bonds will be subject to lengthy settlement. The value date of all transactions executed at auction will be the 1st July 2022.

Rreverse installation
As the bonds traded will be subject to a lengthy settlement, Nykredit Realkredit A/S offers a reversal option to auction participants whose bids have been accepted and who demand the bonds after only two days.

By means of the reverse facility, Nykredit Realkredit A/S offers to sell the allocated bonds subject to the conventional two settlement days and then to buy them back with 1st July 2022 as value date.

The size of the reverse facility will be determined on an individual basis but cannot exceed the amount allocated to each individual bidder. The reverse facility may be made conditional on the investor providing a matching amount of bonds maturing on 1st July 2022.

Reverse installations will be arranged on an individual basis. Please contact Nykredit Realkredit A/S, Group Treasury, Simon Sanderhoff, tel. +45 44 55 40 93.

Bidding reservations
If, contrary to expectations, technical problems prevent Nykredit Realkredit A/S from conducting an auction via AUPD on Bloomberg’s auction submarket or Nasdaq Copenhagen, an exchange announcement containing the practical details of the auction will be published.

Faucet sales
On-tap sales are made on May 17 and 18, 2022. Bids can be made on these days by contacting Nykredit Realkredit A/S, Group Treasury.

Other terms
Nykredit Group is not obligated to sell the advertised offer, and the offer may further be subject to change following loan disbursements during the auction period. In addition, all or part of the offer may be postponed, but no later than the penultimate working day of this quarter.

By the penultimate business day of that quarter at the latest, it must be verified whether the number of buyers was sufficient for all the covered bonds offered. If a bond sale is to be cancelled, the market will be informed immediately by a stock exchange announcement.

Appendix 2: Settlement deadlines and amounts offered for bonds issued by VScapital Center H and G

IS IN

Capital Center

IT / RF*

Coupon

Due date

Auctions on

Interest rate trigger

CSF level

Cash

Auction Dates

Rules

Offer
(million)

To start up

To finish

Cut

Award

DK0009532616

ODS(H)

THIS

1

04/01/2023

Price

4.68%***

1b

DKK

05/17/2022

11:30 a.m.

11:40

1,300

DK0009796864

ODS(H)

RF

1

07/01/2023

Price

1b

DKK

Sale in tap shoes**

50

DK0009521841

ODS(H)

RF

1

01/07/2024

Price

1b

DKK

Sale in tap shoes**

200

DK0009526139

ODS(H)

RF

1

07/01/2025

Price

1b

DKK

05/18/2022

11:30 a.m.

11:40

1,500

DK0009531485

ODS(H)

RF

1

01/07/2026

Price

1b

DKK

Sale in tap shoes**

50

DK0009534315

ODS(H)

RF

1

01/07/2027

Price

1b

DKK

05/17/2022

05/20/2022

10:30

10:40

9,700

DK0009534745

OR (G)

RF

Adjustable

01/01/2025

Yield

unleveled

USD

05/19/2022

13:00

13:10

40

DK0009534588

ODS(H)

RF

Adjustable

01/01/2025

Yield

1b

DKK

05/20/2022

11:30 a.m.

11:40

9,500

DK0009537334

ODS(H)

RF

Adjustable

07/01/2034

Yield

unleveled

DKK

05/20/2022

13:00

13:10

750

* (IT) Interest rate and refinancing trigger / (RF) Refinancing trigger
** Tap sales take place on May 17 and 18, 2022.
*** The trigger interest rate applicable to the bond as determined during the February 2022 refinancing auctions and published on 28and February 2022.

Please note that Nykredit Group is not obligated to sell the advertised offer, and the offer may additionally be subject to change following loan disbursements during the auction period. In addition, all or part of the offer may be postponed, but no later than the penultimate working day of this quarter. The table above only includes ISINs whose amount exceeds an equivalent value of DKK 50 million.

By the penultimate business day of that quarter at the latest, it must be verified whether the number of buyers was sufficient for all the covered bonds offered. The market must be informed of this immediately through a company announcement.

Attachment

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Small and Medium Businesses: Using a Digital Bridge to Reach the World https://stratiawire.com/small-and-medium-businesses-using-a-digital-bridge-to-reach-the-world/ Sun, 01 May 2022 21:15:00 +0000 https://stratiawire.com/small-and-medium-businesses-using-a-digital-bridge-to-reach-the-world/ Pranav Malhotra (31), an Amritsar-based entrepreneur, runs Pashtush, a handcrafted shawl and stole business. For decades, Pashtush sold through a wholesale network and saw strong sales only during the winter. But that all changed when they started using Facebook and Instagram to reach customers directly. Today, Pashtush ships to 120 countries, allowing it to maintain […]]]>

Pranav Malhotra (31), an Amritsar-based entrepreneur, runs Pashtush, a handcrafted shawl and stole business. For decades, Pashtush sold through a wholesale network and saw strong sales only during the winter. But that all changed when they started using Facebook and Instagram to reach customers directly. Today, Pashtush ships to 120 countries, allowing it to maintain a thriving business throughout the year. It also allowed it to grow three to four times a year during the pandemic.

Pashtush represents a new wave of non-metro and small town small businesses that are growing globally using digital and social media, many of them using online media to go direct to consumer (D2C) . According to reports, the estimated size of the Indian D2C market could surpass $100 billion by 2025.

“The growth of this trend is already evident – ​​more than half a million small businesses on Instagram in India list WhatsApp, phone or email details on their profiles, or encourage potential buyers to contact directly, says Archana Vohra, Director, Small & Medium Enterprises, India at Meta. “It shows how micro businesses are leveraging digital to reach consumers. Overall, over 300 million users have liked or followed an active small business page on Facebook in India,” she adds.

People discover products online

Facebook and Instagram also help people discover products they might be interested in. An online survey commissioned by Meta by GFK showed that 96% of people said they discovered brands and products online. Meta has also found more female entrepreneurs launching their businesses, Vohra reveals. “In India, more than 60% of female-owned Instagram businesses have been established since the start of the pandemic. This is the case for nearly 50% of women-led businesses on Facebook in India. And increasingly, many of them are emerging from small towns.

Here is an example. Shubhika Jain returned to Raipur from Delhi after graduation to join her family business. While managing her farmland, she became interested in essential oils. In 2017, she launched Ras Luxury Oils, a farm-to-face luxury oils and personal care brand, with her mother. During the pandemic, Facebook and Instagram helped them transition to D2C and grow across geographies and overseas. His business has grown almost 20 times in two years.

Helping SMEs grow

As businesses move online, they need skills upgrading and working capital to keep growing, Vohra says. “Meta’s Advertiser Bootcamp program in India provides advanced learning resources to SMBs so they can access vertical best practices. It has made available free business skills modules in English, Hindi, Bengali and Tamil to reach over 16 million small businesses across India.

A few months ago, Meta launched the Small Business Loans Initiative to enable business loans through third-party lenders. Under this program, businesses wholly or partially owned by women can obtain a special reduction of 0.2% of the interest rate from the lender.

Contributing 30% to India’s GDP, SMEs are the backbone of the country’s economy. “Digital puts a diverse set of SMEs from small towns and rural India on the global map,” says Vohra. As more and more businesses go digital, they will not only transform local economies but also create opportunities for scaling Indian-made business models across the world, she adds.

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Bruno Lage: Wolves loan stars for a chance to shine https://stratiawire.com/bruno-lage-wolves-loan-stars-for-a-chance-to-shine/ Sat, 30 Apr 2022 04:47:00 +0000 https://stratiawire.com/bruno-lage-wolves-loan-stars-for-a-chance-to-shine/ Morgan Gibbs-White. Photo: Zac Goodwin/PA Wire. The head coach has had to rely on academy graduates at times this season as Wolves’ small squad have been plagued by injuries. The club have several impressive players on loan, including Championship trio Morgan Gibbs-White, Ryan Giles and Dion Sanderson, as well as Bruno Jordao, who is part […]]]>
Morgan Gibbs-White. Photo: Zac Goodwin/PA Wire.

The head coach has had to rely on academy graduates at times this season as Wolves’ small squad have been plagued by injuries.

The club have several impressive players on loan, including Championship trio Morgan Gibbs-White, Ryan Giles and Dion Sanderson, as well as Bruno Jordao, who is part of Swiss club Grasshoppers.

In what is expected to be a big summer for Wolves, the head coach insists he will be looking at players on loan and assessing how they could impact his team.

“It comes from the club project and we will first look at what we have here,” Lage said.

“If the guys are still motivated and have the ability to give us what we want and create the team I want.

“After that we will look at our academy and players like Luke and if they are right for us. This includes players on loan and if they are ready to play for us or if they need one more year (on loan). If we don’t have (the players) here in the academy or on loan, we have to find them outside.

Lage offered Gibbs-White the chance to return from his loan spell at Sheffield United in January, but the 21-year-old opted to stay at Yorkshire for the rest of the season.

The head coach also admitted he didn’t want the player on loan last summer and so far he has 10 goals and eight assists for United this season.

Giles is also a player Lage holds dear after working with him in January when he was briefly recalled.

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Customers can now avail car loans from HDFC Bank in 30 minutes https://stratiawire.com/customers-can-now-avail-car-loans-from-hdfc-bank-in-30-minutes/ Thu, 28 Apr 2022 13:40:30 +0000 https://stratiawire.com/customers-can-now-avail-car-loans-from-hdfc-bank-in-30-minutes/ New Delhi: At a time when e-commerce facilities are thriving with 10-minute delivery of services in the country, HDFC Bank is banking on 30-minute delivery to boost its auto lending business in India. Known as ‘Xpress Car Loans’, HDFC Bank, the country’s largest private bank, said it offered end-to-end car loans to customers within 30 […]]]>

New Delhi: At a time when e-commerce facilities are thriving with 10-minute delivery of services in the country, HDFC Bank is banking on 30-minute delivery to boost its auto lending business in India. Known as ‘Xpress Car Loans’, HDFC Bank, the country’s largest private bank, said it offered end-to-end car loans to customers within 30 minutes through an online platform in what it claims to be the first bank in the industry to do so.Also read – HDFC to be merged with HDFC bank. 10 things shareholders should know

In a statement, the bank said it was now eager to provide a car loan in just 30 minutes. After a home loan, a car loan is the second most important item for which a customer borrows money. Read also – List of public holidays: banks will remain closed on these days next week | Check the full list here

In general, the average time it takes to get a car loan right now is around 48-72 hours for a potential car buyer. Also Read – RBI Lifts Restrictions on HDFC Bank’s “Digital 2.0” Plan. Details here

The bank said that through its online fast loan service, it expects to grant Rs 10,000-15,000 crore in car loans in FY23 without physical presence, Economic Times said. , citing a senior company executive.

Apart from this, HDFC Bank is also planning to do the same for two-wheeler loans. “We believe this is a game-changer for the industry as a whole,” Arvind Kapil, national head of retail assets at HDFC Bank, told a news portal,

He added that the service could redefine the ease of using a car loan, especially in semi-urban and rural India.

He said the bank also aims to attract at least 20-30% of existing customers and non-account holders through Xpress Car Loans.

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