Hexafin Blog | Banking Insights, Business Loans & Financial Advisory
Improve your credit score with these sure-shot ways ..
What is a credit Score? A credit score rates a consumer’s creditworthiness. A credit score is a three-digit number that tells how you manage your finance. The higher the score, the better a borrower looks to potential lenders. Every financial institution checks your credit score because it gives an idea of your general credit health.…
Why does RBI cancel the license of Pune-based Seva Vikas Co-operative Bank..
The license of Seva Vikas Co-operative Bank cancelled – The license of Pune-based Seva Vikas Co-operative Bank is cancelled by the Reserve Bank of India RBI. The bank ceases to carry on banking business, with effect from the close of business on October 10, 2022. Earlier in August 2022, it had cancelled the license of…
Cyber Insurance Policy | Now protect your money from cyber fraud…
Cyber frauds – Digitalization makes it very convenient for transactions to be made but as every coin has two sides the cons of digitalization include cyber fraud. After the pandemic cyber frauds have seen a sharp jump due to a steep rise in digital transactions. It is very important to have certain insurance for the…
Major IT player TCS widens Margins … Revenue rises 17%
TCS September quarter Results update – TCS being a major IT player Tata Consultancy Services (TCS) has all set to start its Q2FY23 earnings season on October 10. Earlier it was seen that its shares have fallen 20 percent year-to-date (YTD) but it still outperformed its IT peers by a healthy margin. TCS is all…
Government mulls debits in other accounts due to rise in cheque bounce cases…
Rise in check bounce Cases – The cheque bounce Cases have been on rising which is clogging the legal system. When an issuer presents a cheque to the bank for payment, and it is returned unpaid by the bank due to insufficient funds, the cheque is said to have bounced. Several suggestions are made to…
Rupee Crosses the 82 mark .. hits lower against the US dollar! See the Rupee depreciation impact…
Rupee vs US dollar – The rupee levels down past 82 to fall to a fresh record low of 82.33 per US dollar. The domestic currency was down 44 paise down against the US dollar. The Indian rupee has been dated around 10.6% so far this calendar year amid a flight to safety towards the…
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