Hexafin Blog | Banking Insights, Business Loans & Financial Advisory
Bank Holidays in October 2023 Plan Your Banking Activities with the Complete List
As October 2023 approaches, it’s crucial to be well-informed about the bank holidays that will affect your financial transactions and plans. In this article, we provide you with the complete list of bank holidays for October 2023 in India, ensuring you can manage your banking activities effectively. Bank Holidays in October 2023: Plan Your Financial…
Understanding Sustainable Finance: Definition and Importance
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…
HDFC Bank Q2 2023 Update: 57% Growth in Advances, Record Home Loan Disbursals Post Merger
In its latest financial report for the second quarter of 2023, HDFC Bank, India’s largest private sector bank, has demonstrated remarkable growth in various segments. After its merger with the parent company, HDFC Limited, on July 1, 2023, the bank’s performance has been nothing short of impressive. Advances Soar by 57.7% One of the standout…
Unlock Substantial Savings on Your Home Loan: The Ultimate Guide to the Partial Prepayment Strategy
Are you concerned about the recent spike in home loan interest rates, which has left you facing the prospect of paying an additional Rs 15.05 lakh in interest on your Rs 40 lakh home loan over 20 years? The good news is that there’s a savvy financial strategy at your disposal – the partial prepayment…
PM Vishwakarma Scheme: ₹3 Lakh Loan, Low Interest, and More..
Are you an artist or craftsperson seeking financial support and opportunities for growth? Look no further! Prime Minister Narendra Modi has unveiled the ‘PM Vishwakarma’ scheme, a game-changer for individuals in the creative industry. With a focus on promoting and empowering Vishwakarma partners in 18 different sectors, this scheme comes with a substantial ₹13,000 crores…
RBI Mandates Swift Release of Property Documents by Banks and NBFCs Upon Loan Repayment
In a bid to streamline practices and enhance customer satisfaction, the Reserve Bank of India (RBI) has issued a directive to Regulated Entities (REs), including banks and non-banking finance companies (NBFCs). This directive mandates the release of original movable and immovable property documents, as well as the removal of charges registered with any registry within…
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