Posts

In the 21st Century, both our health and also our credit health is equally necessary. In this generation, everything is possible but with a price for the same. And we feel that bearing that price for fulfilling our short and long term dreams have become easier due to the availability of various financial products and services. Henceforth, we always preferably lookup for a Loan. But we fail to understand that getting approval for that loan is equally essential with our dreams being fulfilled....

IDFC Credit Card Apply Online: A Complete Guide When it comes to applying for a credit card, you must make sure you have all the necessary information. It is crucial to pick the card that matches your spending habits. IDFC First Bank offers many types of credit cards for all types of people. Let us learn more about IDFC First Credit Card and its types. IDFC First Credit Card IDFC’s First credit cards are reputed among private bank credit cards for their easy application process and a plethora of privileges to choose from....

Indepay Prepaid Debit Cards launched for Urban un-banked in India Indepay’s Prepaid Debit Card will allow users to load money through direct deposits at banks, ATMs and through online funds transfer from existing bank accounts, as well as by making deposits at any Indepay merchant or partner. The funds deposited can then be utilized to purchase goods and services through Business Correspondents at retail points of sale as well as be withdrawn as cash from Indepay’s merchant and partner network-enabled as Business Correspondent, cash advances at PoS or through ATMs....

It is optional to purchase using warrants. If the warrant is not utilized, the prime cost of financing the warrant is forsworn, i.e. becomes zero. The terms and conditions determine a certain time duration for the utilization of warrants. In respect to this, there are several advantages and disadvantages to these stock warrants. Let’s explore some major ones: Advantages and Disadvantages of Investing in Warrants Advantages of investing in warrants High returns in Long-term A major advantage of warrants is they generally offer a longer-term investing perspective....

Meesho currently has over 60 thousand suppliers across India and 17 million resellers who supply products under quality inspection before being stocked on Meesho’s shelves so that customers can be assured about their perfect buy. Plus, you get an additional benefit, too. The site offers cashback/refunds, allowing sellers to transfer their inventory over when they redeem points, which means more savings are possible now. Doesn’t that sound amazing! Meesho enables women entrepreneurs to start and grow their businesses by providing access to a wide range of products at wholesale prices, along with robust marketing tools and customer support....

PayPal and eBay – A Match that did not fit? PayPal remained a subsidiary of eBay until 2015 when it was spun off into a separate company and listed on the NASDAQ. eBay did this so that the company’s management could pursue it’s growth independently. PayPal’s shares are currently trading at US$ 39 apiece. The company has over the last few years acquired many innovative startups in the online payment space such as IronPearl, Zong and Xoom Corporation....

SATIN CREDIT CARE MICROFINANCE In 2000, the company was renamed as Satin Creditcare Network Ltd (Satin). In 2008, the company commenced its microfinance operations by providing unsecured loans to poor women in villages or small towns. Satin is one of the leading MFIs in northern India with a loan portfolio of Rs.736 crore as of September 30, 2013. The company focuses on diversifying its operations across geographies and was present in 10 states as on March 31, 2013....

Some salient points disclosed by SKS Microfinance in the Draft Red Herring Prospectus – The issue will comprise of 16,791,579 equity shares of Rs 10 each for cash, at a price to be decided through a 100 percent book-building process, consisting of a fresh issue of 7,445,323 equity shares by the company and an offer for sale of 9,346,256 equity shares by certain selling shareholders like Sequoia Capital and SKS Mutual Benefit Trust....

What are Non-Customer Service Jobs? Non-customer service jobs are a type of job in which you are not required to have any interaction with customers. The job role allows you to work with others who do the customer service role. These jobs pay a reasonable sum of money to live your life happily. Some job roles may require some degree, but a few don’t require any degree or diploma. Top 27 Non Customer Service Jobs without a Degree Everyone love’s to work in a job environment that provides freedom....

BANKERS REALM BY CRAFT SILICON MFI’s face operational problems and issues such as low bandwidth, transaction volumes, database security, etc which Ujjivan hopes to overcome by migrating to the new software. The Banker’s Realm solution has a loan module fully integrated with financial accounting and also supports mobile transactions at the field level. BR.Net is based on an open delivery concept. This would allow the interface to third-party delivery channels like ATM, SWIFT, POS, Internet Banking, etc to be more secure and robust....

Wix and Webflow are excellent tools for creating a website for both beginners and professionals. Their functionality is such that it enables you to build various kinds of projects for both professional and personal usage. Webflow vs. Wix: Which One Is Better? Before we get into the discussion and conclude which one is better, let us first understand and get insight into both the tools in detail so that making a decision becomes easier....

The company had 63 branches with a loan portfolio outstanding of Rs.137 crore as on September 30, 2013.Performance on key parameters Loan portfolio grew by 69 percent in 2012-13, after a brief period of consolidation post the Andhra Pradesh crisis; most of the growth has happened following the takeover by IntelleCash in September 2012 30+ dpd has declined sharply over the past 12 months and was nearly 1 percent as on April 30, 2013; this follows a sustained period of high delinquencies immediately after the Andhra Pradesh crisis Has relationships with over 10 lenders comprising banks, NBFCs, and financial institutions for funding; also raises funds through securitization Capitalization comfortable for medium-term growth plans; raised Rs....

Meeting new bank licensing norms tough for most MFI’s Barring a few top players, banking is likely to be a distant dream for most microfinance institutions in the country. This is because the draft norms on foreign shareholding, minimum capital requirement, and diversified ownership structure would prevent micro-lenders from entering the banking space. BS Some of the MFI’s that have announced their plans to convert into a bank are: BASIX ‘Raising capital for the bank would not be a challenge’ – Vijay Mahajan...

In the modern era, banks play a significant role in accumulating public savings and making them available for investment. They also boost the mobility of capital and create demand deposits in granting loans and buying investment securities. Thus, we can conclude the overall effects were positive since the emergence of the banking system in India and led to a win-win game for all businesses and investors. History of Banking System in India One should know the history of the banking system in India....

A large part of the growth in crowdfunding over the past two years has come from the markets of China, the UK and the United States. Equity crowdfunding has allowed individuals to invest and profit from the success of startups. In Western Europe, 2015 saw £ 245 million (Rs 2050 Crore) being raised by businesses in the UK through crowdfunding platforms. Globally equity crowdfunding campaigns are expected to have touched US$ 4 billion in 2016....

Best Online Mutual Fund Investment Platform in India With so many apps available it becomes crucial to pick one that suits your investment type. It can be difficult to measure apps as there are so many variables and each app has its own benefits. But before we go into picking the best app, let us understand mutual funds. Mutual Funds as an Investment Let’s say you give me 1,000 rupees and I return it to you a year later, the 1,000 rupees do not hold the same value anymore....

This investment in Boond led by Opes is the seventh deal facilitated by the Ennovent Circle – an exclusive group of investors, mentors, and entrepreneurs that collaborates to accelerate innovations for low-income markets – since its launch in 2012. Around 500 million people in India receive less than 8 hours of power a day. In states like Rajasthan and Uttar Pradesh, this figure is over 100 million with 30% of the population living in un-electrified or badly electrified areas....

Finding a genuine premium credit card for travel in India can be tough. Are you looking for it? If the answer is yes, we have some information that actually holds importance for you. Through this article, we provide you all the information you need to know about the Citibank PremierMiles Credit Card. This credit card offers people who spend most of their time traveling with required facilities loaded with a lot of additional advantages which makes it essential for travelers in India....

CredFlow Review: Features, Pricing, Pros and Cons Businesses have expanded rapidly in the age of technology and with that comes many calculations and budgeting. Back in the day, people use to do accounting manually with pen and paper, but now doing that can lead to discrepancies, confusion and delays as there is so much data to go through. This is where a tool CredFlow can do wonders, let us learn more about it and CredFlow founder in this CredFlow review....

DOWNLOAD A COPY OF THE ANDHRA PRADESH MICROFINANCE INSTITUTIONS (REGULATION OF MONEY LENDING) ORDINANCE, 2010 AT THE LINK BELOW Andhra MFI Ordinance PDF-10pages-100KB The content matter of the PDF file above is given below: Andhra Pradesh Microfinance Institutions (regulation of money lending) Ordinance, 2010 STATEMENT OF OBJECTS AND REASONS The Government of Andhra Pradesh has made rapid strides in the field of financial inclusion of the rural & urban poor by organizing women self-help groups (SHGs) and linking them with the banks for meeting their credit needs....