Making a will becomes even more important if the assets are large and widespread. Sometimes assets such as shares and long term debentures will be held in different names and conditions. These need to be sorted out for the future generation by its current owners. With digitization growing by leaps and bounds in India, will writing has also now gone online. It is now possible to generate a will with the single click of a button....
How to Start a Cafe Coffee Day Franchise in India? Are you planning to open a Café coffee day franchise business in India but are not aware of where to start and what is the cost? Here in this article, we will explain to you everything you need to know about this exquisite brand and answer all your doubts. World of Café Coffee Day Café coffee day is popularly known as CCD, which is one of the leading chains of café owned by India’s largest coffee conglomerate, known as Coffee Day Enterprises....
Still, it is vital to know about the basics and the common errors that we do while writing a cheque. There are a lot of basic things that we might overlook while issuing a cheque to someone that can be easily misused. Therefore, various measures should be kept into consideration whenever you write a cheque in India. What is Cheque? It is a process that enables people to access the funds in their bank accounts....
Keeper Tax Refund Policy, Subscription Price, Login Keeper Tax is a tax-based software that you can subscribe to when you need help saving money on tax. If you don’t like the service then the Keeper Tax refund facility is available for you. However, the Keeper Tax cancel subscription option might not be the option you might be looking for when we are done telling you all about this app and what it’s got to offer to you....
As a socially conscious enterprise with a concern for development impact, M-CRIL pioneered the social rating service in 2005. Besides, credit and social ratings, M-CRIL undertakes sector research on aspects like benchmarks and standards, best practices, markets and means of expanding the scope and outreach of microfinance services through regional and commercial banks and provides technical assistance to sector players on business planning and financial forecasting. This newsletter highlights some initiatives by M-CRIL since April 2010 including: Progress with M-CRIL’s rating of MIVs – draft ratings of the Dexia Micro-Credit Fund....
The Sub-Committee has recommended the creation of a separate category of NBFCs operating in the microfinance sector to be designated as NBFC-MFIs. To qualify as an NBFC-MFI, the Sub-Committee has stated that the NBFC should be “a company which provides financial services pre-dominantly to low-income borrowers, with loans of small amounts, for short-terms, on an unsecured basis, mainly for income-generating activities, with repayment schedules which are more frequent than those normally stipulated by commercial banks” and which further satisfies the regulations specified in that behalf....
Microfinance Podcast 2 – Compulsory Group Training Process Microfinance Podcast 3 – Group Recognition Test Microfinance Podcast 4 – Disbursement Process
Details of the final sessions are given below:
To give a fillip to sustainable and equitable growth in agriculture, agro-processing, industry, and services sectors in rural areas, NABARD has decided to explore the avenue of making contributions to professionally managed Venture Capital Funds having exposure to Agriculture and Rural sector. A brief framework of the initiative is given under: 1. Objectives of the Fund i. To complement and broad-base the existing Refinance and Co-finance products and other developmental initiatives of NABARD....
After two years, the product was stable and efficient. More than a strong product, we had set up a very strong process. We were able to deliver new features at a very fast pace while keeping the product very stable, robust and simple This unique ability in the market allows Octopus to aggregate the best microfinance practices found around the world, for the greatest benefit of our customers Slide Presentation on how Octopus can transform your Organisation....
What is NSE IFSC and what it means for you? So far we know that if you want to trade in stocks and bonds then you can do so only in your country and your stock market. Be it derivatives, currency, futures, options, or any other asset barring crypto you are pretty much stuck with stuff from your own country. However, with NSE IFSC that is exactly what is about to be changed....
Pradhan Mantri Jan Dhan Yojana Statistics The Ministry has also released the latest enrollment figures for Jan Dhan Yojana which shows that a whopping 1 Lakh bank accounts are being opened every day since the scheme was launched in the month of August 2014. The press release from the government also claimed that more than 6.5 crore bank accounts have been opened and these newly opened bank accounts have managed to garner more than Rs 5000 crore as deposits to date....
Yes, we have a reason why we are talking about tax refunds here. RIT means Canada Refund of Income Tax, which is also referred to as Canada RIT deposit. It implies a taxpayer has received a payment from the CRA (Canada Revenue Agency) department. So, if you are reviewing your banking accounts’ transactions and find a direct deposit with the note ‘Canada RIT’ or RIF /RIT on your bank statement, then it is considered a tax refund issued by the CRA after filing your tax return....
31 Best Jobs for 17 Year Olds Teenagers who get entry-level jobs get a huge advantage as their salary and position improve with time. Working as a teenager is also a great way to earn some extra cash which you can save or use as per your wishes. Making money has become easy after the advent of social media platforms and digitalization and a lot of teenagers use their hobbies to make money....
Northern Europe Southern Europe Eastern Europe The countries that lie in the northern European region generally tend to have better consumer credit facilities. These markets are characterized by high growth, varied products and better repayment rates. Some of the countries which have fairly well-developed markets are the United Kingdom, Ireland, Denmark, Finland, Germany, Norway and Sweden. The Southern European markets comprise countries such as Spain, Italy and Portugal where the loan ticket sizes are slightly lower and regulations tend to be restrictive....
The invention of Debit cards in 1966 changed the manner of payment to a greater extent. Commonly known as a payment or ATM card, debit cards are the most reliable, secured, and essential part of our daily lives. A debit card gives us the facility to pay our bills online, for withdrawing cash immediately and function as cash or personal checks. We can access debit cards at the merchant’s place or ATMs to deduct some amount from our savings or current account....
Vijay Mahajan, Chairman of BASIX and speaker for the MFIN industry organization, stated on TV: “A lot of the reasons for invoking the ordinance was the creation of the microfinance sector itself. There has been a certain degree of wrongdoing by our sector. And as the president [of MFIN] I am the first one to accept it, I want to do it on record.” The interest rate disclosure requirement under the new microfinance ordinance in AP has uncovered interest rates far higher than previously reported – up to 60....
ANNAPURNA MICROFINANCE The name was changed to Annapurna Microfinance Pvt Ltd in February 2010. The NBFC acquired most of the loan portfolio of the People’s Forum in 2012-13. Annapurna operates predominantly in Odisha and extends loans for 12-to-24 month tenures to self-help groups with a monthly repayment structure. The company had an outstanding loan portfolio of Rs.112 crore and borrower base of more than 1 lakh as on September 30, 2013....
Can You Lose More Money than You Invest in Stocks? The stock market is a bit complicated when it comes to investments and stuff. You have a lot of assets and options to choose from. You can invest in equity, you can invest in futures and options, you can invest in derivatives etc. Now all of these investment options come with different conditions and stipulations. Some investments make you liable only for the amount that you own and have invested but in other cases, you also risk having to pay extra from your pocket or more money than you planned on investing....
Besides these 2 schemes, several other Yojana were also introduced by PM Modi. However, these 2 are one of the most popular insurance schemes. The primary reason behind launching these schemes is to maximize the protection of every Indian against death or disability due to accidents or major physical injury. More than 70% of Indians do not have any insurance policy in India. That’s one of the primary reasons behind the launch of both these schemes....
