Posts

Are we on a journey from a cashless wallet to a cardless wallet now? In today’s world, virtual credit, also known as a ‘prepaid credit card’ or a ‘virtual debit card,’ has become another revolution. First, let’s find out what a Virtual Credit Card is? Given the present circumstances and scenario, Virtual Credit Cards have become a trend online. Now, a virtual credit card also has a card number, date, CVV number just like any other card out there, and the only difference is that these virtual cards are only available online either on the bank’s or financial institution’s webpage or on their official mobile app....

What are NFTs? In a world where anything can be digitized and stored on the blockchain, Non-Fungible Tokens (NFTs) provide an elegant solution for creating decentralized digital collectability. These tokens represent unique items in different spaces, including games or even real estate. NFTs are a breakthrough invention. In a world where anyone can make an identical copy of almost anything, Non-Fungible Tokens (NFTs) provide the original and unique piece of property on the blockchain....

20 Richest Cricketer in the World: Bio and Net Worth As cricket became popular many prominent brands realized the potential of this game. The huge Asian market and the advent of IPL resulted in a lot of investment being made in cricket. It made modern cricketers wealthy to an extent that some of them have their own businesses now. Let us begin our list. 1. Adam Gilchrist Former cricketer and F45 Fitness founder Adam Gilchrist also work as a commentator....

Email marketing has become inevitable for any digital marketing campaign. The reason why people use it is that it is the least expensive, plus it is one of the most effective methods to convey a message to your target audience. There are various best email marketing tools on the market that can help make a huge impression on the prosperity of your marketing campaign. What is Email Marketing? It is an excellent method through which advertisers reach out to potential customers through emails....

And this blog post is a complete beginner’s guide to cryptocurrency. I am sure you will have fun learning more. So before diving into the main topic, it is important to have a proper understanding and knowledge of what cryptocurrencies are, their history, benefits, how to buy them, and many other vital topics related to them. A Beginner’s Guide to Cryptocurrency What is Cryptocurrency? Cryptocurrency is a digital or virtual currency which controls the creation of new units to secure transactions through cryptography....

Amitabh Bachchan Net Worth, Salary, Properties Amitabh Bachchan has a reputation for enduring the most trying situations. He still effectively controls everyone’s TV screen today. His popularity has remained the same even in the latter half of his career. Let us learn more about him. About Amitabh Bachchan Amitabh Bachchan was born in Allahabad, India, on October 11, 1942. He is an Indian actor most renowned for his appearances in action movies, making him maybe the most well-known celebrity in the history of Indian cinema....

The upgrade reflects timely servicing of debt by Asmitha over the past six quarters and its improved liquidity, post finalization of its corporate debt restructuring. The company has also received approval from the corporate debt restructuring (CDR) empowered group to raise funds through securitization. CRISIL believes that this will enable Asmitha to sustain its operations outside Andhra Pradesh for a relatively longer period than previously anticipated. This in turn will enhance its ability to meet its debt obligations as per the revised repayment schedule under the CDR mechanism....

We believe that microfinance institutions should be regulated in Andhra Pradesh and the following regulations should be considered by the RBI and government. Our Recommendations for Microfinance Sector For obtaining NBFC License for Microfinance operations, the Government should ensure that the concerned NBFCs have at least 75% stakeholders from the microfinance community (MFI Clients ). NABARD, RBI, and lending banks must give orientation, and training to NBFCs which must also incorporate the latest technological innovations for NBFCs....

Bharat Microfinance Report 2017 – 2018 Demonetization, an ill-conceived act of financial terrorism failed to deter the spirit of MFI’s, entrepreneurs, and borrowers who continued to repay micro-loans albeit with minor hiccups in the repayment schedule. There was also some contraction in loan portfolio’s observed as demonetization hurt the poor the most and capital formation indicators turned negative. Going forward it is important to collect and study empirical data from the industry to ensure that microfinance companies continue to strengthen the financial inclusion agenda in India....

How to Check Credit Score Online? You can now check your score directly from the CIBIL official website without any prerequisites involved. Here is a complete guide on how you can do a credit score check free and how to do a CIBIL score check free online by pan number. First, let us understand what is credit score. What is CIBIL Score? The terms credit score and CIBIL score are mostly used interchangeably....

Following a rigorous process of screening and online assessment of 264 proposals received this year, 2011 India Development Marketplace has announced the 14 award-winning business models at a ceremony hosted to honor the winning social enterprises who will receive a grant of US$50,000 (about Indian Rs 22,47,500) each. INDIA DEVELOPMENT MARKETPLACE COMPETITION 2011 WINNERS Sanjay Pradhan, Vice President, World Bank Institute said, “This competition marks the beginning of a multi-year World Bank collaboration with Indian social entrepreneurs and the national and state-level government to connect social entrepreneurs with a growing pool of external investors, external funders, and providers of capacity building services....

It is estimated that Indian consumers have hoarded more than 20,000 tonnes of gold over the centuries and most of it lies idle in bank lockers across the country and does not contribute to the growth of the Indian economy. This scheme also aims to reduce the amount of gold that is imported and smuggled into India every year by recycling the existing gold held by consumers to Jewelers and Mints....

The interest in the sector has prompted a frenzy of startups jumping into the fray. Given below are five startups who have well-executed ideas that could transform how your company does business. Clare: www.clare.ai Providing white label digital assistants, Clare harnesses the power of artificial intelligence and natural language processing through which businesses can automate their interactions with clients. Clare is not just a chat-bot but can mine your customer’s bank accounts to project trends which can then be used in targeted marketing....

Remove the foot from the brake pedal, Change gears and Accelerate the Growth of MSE’s MICRO AND SMALL ENTERPRISES (MSE’S) IN INDIA Introduction Micro and Small Enterprises (MSE’s) have been widely accepted as being vital to the Indian economy given their role in job creation and their ability to foster entrepreneurship. At present, the three classifications of enterprises are clubbed into a single sector viz., Micro, Small and Medium Enterprises (MSME’s)....

Personal Capital vs Mint: A Comparison In this day and age, apps have made our lives so much easier. There is an app for everything and the financial world is not privy to it. People want to keep track of their money and the modern way to do it is via apps. Before we begin our comparisons, let us learn about the apps. About Personal Capital Founded in 2009 by Bill Harris, Rob Foregger, Louie Gasparini, and Paul Bergholm, Personal Capital is a financial app that helps you with financial advice and personal wealth management....

Gems and Jewellery (GJ) has been used by the Indian civilisation since ages for both its aesthetic as well as investment purposes. Precious metals and stones have been an integral part of the Indian civilisation since its recorded history. India has the distinction of being the first country to introduce diamonds to the world. The country was also the first to mine, cut & polish and trade in diamonds....

SKDRDP The organization is promoted by Dr. D Veerendra Heggade (trustee of Shri Kshetra Dharmasthala – a renowned temple in the region). The trust had 122 branches with a portfolio size of Rs.2,567 crore as on September 30, 2013. Performance on key parameters The portfolio outstanding and borrower base has grown at a CAGR of 50 and 24 percent respectively during the 3 years ended March 31, 2013 Asset quality is healthy, as evidenced by on-time repayment of more than 98 percent of the receivables over the past three years Was one of few MFIs that we’re able to raise funds regularly even during the Andhra Pradesh crisis....

One of the top research and Equity market analytics applications in India is StockEdge. There has been an increase in the GDP of India from $1 trillion in 2008 to about $2 trillion in 2016 and $2.848 trillion in 2018; it has become necessary to beat the returns that the LICs and bank FDs provide. The only familiar place that comes first to the mind while saying this is the stock market....

Microfinance [MF] broadly envisions a world in which low-income, poor and the poorest households have permanent and reliable access to a range of better quality financial services at affordable prices to finance their income-generating activities, build assets, smoothen consumption and protect against risks. A harsh aspect of poverty is that income is often irregular and undependable. Access to micro-credit helps poor smoothen cash flows and avoid periods when access to food, clothing, shelter, or education is lost....

What is the Most Expensive Thing in the World? Full List The value of a thing depends on how you measure it. An iPhone can be costly for some people while some people buy a new one every year. It is relative. In the list given below, we are covering some of the most expensive things ever made. It will include things made by a group and certain individuals. It contains houses, paintings and much more....