Hexafin Blog | Banking Insights, Business Loans & Financial Advisory
Hexafin Consultancy Pvt Ltd launches social initiative to support PM Cares Fund in India
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.…
eRupee take long time to turned in cash, eRupee can’t turned into cash directly?
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…
RBI reports growth in Economy Second quarter rises from 6.1% and6.3% …
The 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.…
Age of Fintech | What is Fintech? Know more about its benefits..
The 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…
Japanese Investment major – ‘Softbank ‘ to sell 4.5% stake in Paytm for 200$ million.
Japanese 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…
RBI Governor Shaktikanta Das , looks upon risen 18% Credit growth, says banks need to be watchful over economic situation..
The 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…
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