Hexafin Blog | Banking Insights, Business Loans & Financial Advisory
Big Update! RBI changes rules regarding Fixed deposits.
The decision by RBI – The rules regarding the FD are changed by RBI. If you also do the fixed deposits you must be aware of these changed rules.RBI changed the rules related to FD some time ago and these new rules have also become effective. After hearing the news of RBI increasing its repo…
Credit card for UPI may drive up the costs for small business ..
Credit card transactions using UPI – UPI transactions are the most convenient and technology plays a major role in transfers .Crores of Small merchants , and vendors will start using plastic money if they start using Credit Card transactions with the Unified Payments Interface (UPI) . This is definitely a move for cardholders to be…
How can these financial habits lead to change your life !
Personal finance Importance – When you start earning money the most important thing is managing it. Financial awareness is more about learning about how to get what you want and protect what you have got. Financial freedom is about having enough savings or the situation that they can spend on anything but the fact is…
Unauthorized transactions in your account? Report immediately…
Increasing Cyber crimes cases – India is being digitalizated and with this the cyber crimes are rising. Criminals often target banks where huge amount of money is easily flowing on daily basis .And when such Unauthorized transactions should be immediately reported to banks so that the appropriate actions are to be taken on time. Customers…
Why did RBI changed the rules related to bank lockers ? Know more about the new rules before keeping your valuables !
Change in Bank Locker Rules – For the safety and Convenience of Bank customers reserve Bank of India always updates it’s rules and regulations. In today’s economic inequality, jewelry and cash thefts, being still prevalent in many parts of India RBI over this concern updated it’s rules . The major objective of these bank locker…
Why is government Supporting Collaborations of banks with NBFC’S and Fintech Companies?
Rise of Digitalization and need of Collaboration- Technology has risen , where digital Chanels are used tremendously on large scale either it be Loan disbursement or other financial services which makes this as new age banking. Their cooperation would yield surprising and remarkable consequences.Government is trying hard to push banks towards collaborations with non-banking financial…
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