Pandemic drives demand for gold sold through digital platforms
Jewellers too are witnessing advance booking through both physical and online channels. These bookings are likely to contribute 15-20% of their sales on the festival day. Dhanteras, which is on Friday, is considered as an auspicious day to make purchases of gold and other metals.
Why technology’s grip on your finances will only increase
Today, as the world is in the grips of a crisis of unimaginable proportion, tech wi...
Why you may want to get a loan for your business, even if you don’t need one
You may have the cash in your business to carry on operations or...
Raising funds is difficult. Should your business rely on credit cards?
Most credit cards are designed to reward you as you spend, but in a situation where cash flow itself is impacted, you may not be looking for rewards. If you think your situation would be better in about a month or so, a credit card may be a good choice to cover some expenses.
Emergency Credit Line Guarantee Scheme: From eligibility to interest rate, everything about Government's Rs 3-lakh crore collateral free loan
To keep things simple, the scheme has an automatic pre-approve mechanism, which means you do not have to approach the lender for the loan. If a borrower is eligible, a lender will automatically offer it.
Getting a loan? Your business should be attractive to finance
With the introduction of the Goods and Services Tax (GST) in 2017, banks have found another way to get a view of a business’s financial dealings.
What Nirmala Sitharaman’s budget announcements mean for fintech firms
What was heartening to hear was that the FM talked about how it’s now cliché to talk about data being the new oil and that it is true that Analytics, Fintech and Internet of Things (IOT) are changing the way we deal with our lives.
Expanding your business? Should you increase headcount or use technology
As evident from the Oracle survey, employees trust technology mainly because they could confide in it and there were less chances of bias.
You can now invest in mutual funds through WhatsApp; should you?
CAMS recently launched a WhatsApp-based bot ‘CAMServ’ to help individuals to perform various financial and non-financial transactions in any of the 16 AMCs serviced by it.
How to prepare your business for a future recession
Conserving cash is the basic tenet of financial management.
Accounting reports that a bank may ask before giving you that business loan
It is important to note that all accounting documents need to be certified by a CA and audited proof of continuation of will need to be submitted.
Bharti AXA General to sell two-wheeler policies via WhatsApp
Bharti AXA General Insurance, a joint venture between Bharti Enterprises and global insurance firm AXA, will sell the policies on the website of Wishfin's insurance arm Wishpolicy.
How to get a better deal for your business loan
Although a measure of comparison, a better deal is determined when you can get a good interest rate (low in this case), low fees, favourable payment schedule and flexibility or no collateral security.
Applying for a business loan: It's important to understand the process
Business needs can be different, which means the loan requirement would be different. The reason will also mean you would be able to quantify the amount of money you need and different products available in the market.
Deal4Loans gets rebranded to Wishfin
Wishfin offers comparisons of home loan, personal loan, car loan, credit cards, loan against property and education loans, and is still awaiting an insurance license from the regulator. It also enables mutual fund investments.