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Charbagh is located towards the South of Lucknow. The area is primarily known for Lucknow's largest railway station, the Charbagh Railway Station. Just like all the other regions of Lucknow, the area has a rich heritage and history. Charbagh is derived from a Persian term which means 'four gardens'. Just like the name, this area was developed as a large garden for the fourth Nawab of Awadh. With British rule and intervention, the area was developed into a railway station for better administration. Furthermore, Jawahar Lal Nehru and Mahatma Gandhi's first meeting also took place at this railway station in 1916. This makes the Charbagh Railway Station a site of great importance to Indian heritage and also holds exceptional value for the city of Lucknow. While the railway station accompanied by the beautiful botanical garden is the main attraction of Charbagh, there are also a number of hotels and residential places in the area, such as Lotus Apartments. The area also hosts several markets, such as the Shri Guru Nanak Market and Preet Market. The Charbagh Metro Station was also developed for ease of travel as a part of the red line of the Lucknow Metro. Besides this, the Lucknow City Hospital is also located in Charbagh. While Charbagh is an important area in Lucknow, arranging an ambulance for urgent medical needs may be challenging due to the heavy traffic in the area. However, MedCab can be contacted to meet urgent medical transportation needs at Charbagh, Lucknow.

MedCab offers the fastest medical transportation services in Mahanagar. For meeting urgent patient needs and transportation to any hospital in Lucknow, MedCab is the most trusted ambulance service. With our 24/7 availability, MedCab can be reached easily for urgent ambulance services in Mahanagar. Mahanagar is one of the prime localities of Lucknow and a well-planned residential area. It is a fast-growing residential neighbourhood with connectivity to other areas in Lucknow, such as Nishatgani, Sanjay Gandhi Puram, Rahim Nagar, Gomti Nagar, Hazratganj and Aishbagh. The Naya Hanuman Temple is in close proximity to Mahanagar. Another excellent attraction close to Mahanagar is the Bara Imambara at a distance of 5 km. The Gomti Riverfront Park is also located within close proximity of Mahanagar. The area is an excellent residential hub with shopping areas developed for the residents, such as the Umrao Mall and Gol Market in Mahanagar. In case of an emergency in any of these areas of Mahanagar, MedCab is a reliable ambulance service for medical assistance and transport. MedCab offers transportation from Mahanagar to a number of nearby hospitals, such as the Aastha Old Age Hospital, Bhaurao Devras Civil Hospital, Midland Healthcare & Research Center, etc. MedCab ambulances can also take the patient to any other hospital within Lucknow as well as to other cities within India.

Peer to peer (P2P) lending companies claim to provide loans at lower rates compared to banks. We ask the experts what impact this can have on the overall interest rate scenario in the country. Bhavin Patel, founder and CEO, LenDenClub The interest rate theory works on supply of money in the system and the risk associated with an investment. When the supply goes up, it brings in downward pressure on the banks to bring interest rates down. As it is now clear that RBI is regulating the P2P segment, many more lenders will be willing to be a part of P2P lending. This will bring in liquidity to P2P platforms, resulting in a reduction in the interest rate offered to borrowers. P2P loans are executed by arranging an electronic meeting of lenders and borrowers on the platform. If lenders have excess liquidity and start pushing higher amounts, they may ask for lesser yield. The impact could be a reduction of at least 1.5% over the next year on P2P platforms themselves. The other important aspect in determining interest rates is the risk associated with P2P loans. As these loans were not reported to any of the credit bureaus earlier, the chances of defaults were higher compared to similar retail loans. However, now, after the RBI regulations, the bureau reporting process will be started. This will make borrowers more concerned about timely payment of loans, bringing down the probability of default. This will reduce repayment risk, resulting in interest rates going down. Both of the above factors will act in favor of borrowers. However, it will take some time before we see the real impact of interest rate reduction.