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BSS Microfinance follows the Grameen Bank model of group lending and predominantly offers group loans for a 2-year period with fortnightly repayment. BSS Microfinance, operating predominantly from Karnataka, had a network of 67 branches and a loan portfolio of Rs.184 crore as of September 30, 2013. BSS MICROFINANCE Performance on key parameters Loan portfolio increased to Rs.160 crore as on March 31, 2013, from Rs.125 crore as on March 31, 2012, year-on-year growth of 28 percent Maintains healthy collection performance with a collection efficiency of nearly 99 percent....

The difference between them is a few extra costs imposed by the dealer. Are these charges accurate? Is it important to pay these charges? Well, let us begin the battle of Ex-showroom price vs On-road price. Difference Between Ex-Showroom Price vs On-Road Price Ex-Showroom price An ex-showroom price is a price by which the original manufacturers sell their products to the dealers. This is the supply price and might be the product’s original price, excluding the taxes and other costs....

Micro-Units Development & Refinance Agency is the full form of MUDRA, which is a scheme for providing loans to businesses, both new and old. When the Government of India launched Pradhan Mantri Mudra Yojana, this loan scheme was put under this Yojana. The government aims to help the different enterprises under the Pradhan Mantri Mudra Yojana, such as Micro, Small, & Medium Enterprises. The firms that do not have funds are the targets of this loan scheme....

How to buy Gold Bonds? Before we jump on how to buy gold bonds we need to get a clear understanding of what exactly we mean by a gold bond. Yes, it is an asset in which one can invest money and hope to earn a profit, but again what is this asset? Let us understand that first. In the later section, we will check out which bank is best for Sovereign Gold Bond....

The Depository Participant (DP) is the one who holds the securities in the Demat account that an individual possesses. In India, the two major DPs are- National Securities Depository Ltd & the Central Depository Services India Ltd. The DP with which your broking firm has a tie-up with will be the factor to decide which DP will handle your Demat account. The services of both the DPs, though, are similar and don’t have much difference....

Hello Investors! In this article, we will be discussing the basics tips and steps for beginners who wish to invest in the share market but have no or less knowledge about it. In traditional times, people used to invest in gold, but now the trend has changed; people are looking for different sources to invest, and shares are one of them. In fact, numerous people generate low returns because of less knowledge or might also have lost some money in stocks....

Education Guarantee Scheme & Alternative & Innovative Education Computer Literacy & Studies in School (Class) Scheme 02 Improvement of Science Education in Schools Scheme of Assistance for Strengthening Culture & Values in Education. Scheme for Strengthening of Boarding & Hostel Facilities for Girl Students of Secondary & Higher Secondary Schools. Vocationalisation of Secondary Education & Scheme of Pre-Vocational Education at Lower Secondary Stage Adult Education National Literacy Mission. a. Grants For Projects For Eradication of Illiteracy....

Since Shriram City Union Finance is mainly operative in the states of Maharashtra and south India, the auto loan arm of the company, Shriram Transport Finance (STFC) would also be involved in the business owing to its large customer base and well-connected branch network. According to STFC MD, R Sridhar, “We will be lending gold loans on behalf of Shriram city union and they will remain in the books of that company....

Women’s bank to extend Rs 1,100 cr microloans Sri Nidhi, the cooperative bank being launched tomorrow exclusively for women self-help groups (SHGs) and as an alternative to microfinance institutions in Andhra Pradesh, will be extending Rs 1,100 crore microloans to its members in the first year. BS Citi increases its microfinance work across Asia While most banks across Asia seem to be focusing on the high-net-worth market in Asia, some are also concentrating on the promising mass market....

The Government should work on completion rather than command and controls: Comments on AP – MFI Ordinance AP is known as the pioneer and hub of MFIs and SHG movement. With this Ordinance, AP also became the pioneer in MFI regulation and much needed discussion about various aspects of microfinance in India, including the alternative channels for microfinance, especially the SHG – banking. The purpose of this note is to raise certain questions for the debate on the subject and put the Ordinance in a perspective....

Download World Bank Note on Tribal Poverty in India Tribal Poverty in India 2011-pdf-2-pages-1MB Abstract India is widely considered a success story in terms of growth and poverty reduction. In just over two decades, national poverty rates have fallen by more than 20 percentage points, from 45.6 percent in 1983 to 27.5 percent in 2004-05. However, it is widely acknowledged that growth has not touched everyone equitably and that many groups are left behind amid improving living standards....

About the University of Toronto, Canada The University of Toronto, with its world-class academics and research excellence, is one of the best universities in Canada. It was founded in 1826 and has become one of Canada’s best universities. This top-ranked institution provides students with an excellent education from both classroom lessons and opportunities abroad through various programs like Medicine or Nursing, which train them even more specifically to become excellent professionals....

What is Comenity Capital Bank? Founded in 1989, Comenity Capital Bank was first formed as the World Financial Network National bank. The aim behind this change was to be able to provide private-label credit cards to retailers. The name change took place in 2012 but the products remained the same. Comenity Capital Bank is a subsidiary of a Financial services company known as Bread Financial, which also changed its name to Bread Savings....

What is Lock In Period in Mutual Funds? Mutual Funds have been one of the most dependable investment options for many years. It is reliable and many elders advice young people to invest money in them. However, terms like lock in period can make mutual funds difficult to understand. It is the reason why we are exploring this term today but before that let us learn about mutual funds in brief....

What is Moratorium Period? What it’s all about! Issuing loans to borrowers is the way by which banks accumulate their profits, and that is also how they can afford to award interest to their customers on deposited money. Loans are given to borrowers by checking their credentials, their income, credit history, and their ability to repay the loan in the prescribed time. On top of this loan, a nominal interest is also charged by the bank on the amount borrowed....

Health insurance helps you to get desirable healthcare treatment without worrying about the extravagant treatment costs. Having a health insurance policy for yourself and your family is crucial because medical care or treatment is very costly, especially in private hospitals. The treatment expenses can empty your pocket by eating up all your earnings and savings of past years. A good health insurance policy is the one which embraces all the treatment expenses such as consultation fees of doctors, medical tests and diagnosis expenses, ambulance charges, cost of treatment and medicines and recovery cost to a specific limit....

There is a bunch of software helping companies run effective digital marketing programs to improve their online presence and brand visibility. You must have heard about SEMrush, a software facilitating running SEO, pay-per-click, content marketing campaigns, and social media. It also allows you to audit on-page SEO and improve the pages by increasing the amount of traffic to your website. What if we tell you there are many SEO tools like SEMrush, even better than SEMrush, helping your business pave a definite path to success....

When you are in your last year of B.Com, the first thing that comes to your mind is ‘What next?’ Students usually plan to party, going out with friends, sleeping, shopping, and other such things once their exams finish, but this would not last for more than a week. You need to plan your future as just getting a B.Com degree is not sufficient. B.Com stands for Bachelor of Commerce, which is an undergraduate degree in which the students are taught about commerce and other related subjects....

It is inordinately tricky not only for the beginners but sometimes for the seasoned investors to choose from tons of available sources, whether they are websites or books (more than 7 lakh) available on the stock market. We have come up with this article to help you out by enhancing fundamental knowledge on the stock market with some must-read books. Do you know about Warren Buffet? He is one billionaire who is one of the most successful investors in the world, not only this he is also a business magnate and philanthropist....

Two important concepts lie in the above statement, tax-saving tips, and Startups. If we need more businesses and Startups in the economy, then there should be a motivation to do so, and one of them is tax savings or tax planning. There are various ways through which an entrepreneur can achieve the above objective. Tax Saving Tips For Small Business Owners & Startups Income From House Property The income from the property which is either self-occupied or let out....