In today’s rapidly changing financial landscape, the term “sustainable finance” has gained significant prominence. It represents a crucial shift towards a more responsible and environmentally conscious approach to financial activities. In this article, we will delve into the meaning of sustainable finance and highlight its importance in shaping a sustainable and equitable future. What is…
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Welcome to Hexafin Consultancy Pvt. Ltd.: Your Gateway to Premier Loan Offers. In this comprehensive guide, we’ll navigate the world of loans, revealing how Hexafin Consultancy Pvt. Ltd. can empower you to secure the most favorable loan options that seamlessly align with your financial aspirations. Understanding Loan Offers: A Crucial Decision Exploring the Significance of…
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Hexafin Consultancy Pvt Ltd, a leading loan consulting & distribution company, has launched a social initiative to support the PM Cares Fund in India. The company has taken the initiative to donate a portion of its earnings to the PM Cares Fund, which is aimed at supporting the government’s efforts to do different social activities.…
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Central Bank digital currency or eRupee cannot converted currently in to cash and vise versa.The RBI will only issue eRupee against bank deposits and allow digital currency conversion into cash. 2. Digital wallet Ajay Rajan, country head for transactions banking at Yes Bank, said that the bank has already made the digital wallet available for…
Read articleThe expected growth in economy of India according to RBI , is expected to have grown between 6.1% an 6.3% in the second quarter, putting the country on course for a 7% growth rate for FY23. According to report by RBI , Indian economy has shown developments and have thrown up both risks and opportunities.…
Read articleThe term Fintech means ‘ Financial Technology ‘ . Fintech refers to the integration of technology into offerings by financial services companies in order to improve their use and delivery to consumers . It primarily works by unbundling offerings by such firms and creating new markets for them. Fintech also includes different sectors and industries…
Read articleJapanese investment major SoftBank will sell a third of its stake in One97 Communications Ltd, the owner of the Paytm payments app, through a $200 million (around Rs 1,627 crore) block deal . It will be looking to offlload 4.5% of the fintech company . SoftBank owns 12.9% of Paytm and is selling 29 million…
Read articleThe details on sectors or borrowers are asked to the bank chief by RBI because of the rise in the interest rates. The questions have arised by Central bank about the concerns over the ability to mobilise deposits and meet credit demand. Separate meetings with the chiefs of public sector and private banks were conducted…
Read articlePublic sector banks ( PSB ) are looking into newer loan products to meet the demand of higher education loans. It is making efforts to recover legacy non-performing assets (NPAs) in education loans. The options include one-time settlement (OTS) or sale of bad loans to asset reconstruction companies (ARCs). Efforts to clear educational loans –…
Read articleThe rupee bounced back by 100 paise with gaining the best performance in four years . It closed at 80.81 against the dollar after the greenback weakened following lesser-than-anticipated inflation in the US. With Friday’s gain, the domestic currency has appreciated 2% in the week and thus has gained the best performance. The rupee opened…
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