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Some thoughts on late fees and default i...

In mortgage loan transactions, lenders usually charge a fee for late payments and additional interest (or default) in the event of default. Late fees are often a percentage (for example, five percent) of the unpaid payment and is intended to compensate the lender for its administrative costs of processing and processing the overdue payment and […]

Chinese central bank says it will improv...

FILE PHOTO: The headquarters of the People’s Bank of China, the central bank, is pictured in Beijing, China as the country is hit by an outbreak of the novel coronavirus on February 3, 2020. REUTERS / Jason Lee BEIJING / SHANGHAI (Reuters) – China’s central bank on Monday said it would make deposit-taking institutions (DRs) […]

Henry Commission Approves Mileage Rate, ...

McDONOUGH – The Henry County Council of Commissioners approved both the county mileage rate and the creation of four tax districts. The county’s 12.733 mileage rate will remain the same as last year. However, due to an increase in the tax digest, the county will collect more taxes in fiscal 2021 compared to last year. […]

RBI Monetary Policy Highlights, Pension ...

Monetary policy August 2020: The RBI MPC voted unanimously to maintain the status quo on key rates. Highlights of the RBI’s monetary policy in August 2020: RBI Governor Shaktikanta Das announced today that the repo rate will remain unchanged. The RBI MPC voted unanimously to maintain the status quo on key rates. Shaktikanta Das added […]