Hela April 30, 2019

Kolkata: Capital requirement for microfinance firms may shrink in the next few years, with many of them adopting new business models requiring less capital. Several smaller microfinance institutions or MFIs have started working as business correspondents – partly or fully, wherein these entities originate loans on behalf of their partner banks, to conserve capital. Raising capital has been the key challenge […]

Hela April 29, 2019

Public sector lender Canara Bank and its life insurance partner Canara HSBC Oriental Bank of Commerce Life Insurance Saturday announced the launch of ‘Webassurance’. Four life insurance products of Canara HSBC OBC Life would be made available to customers of Canara Bank, covering the key needs of child future, savings and investments, retirement planning and […]

Hela April 27, 2019

Francisco Crespo, SVP and chief growth officer at The Coca-Cola Company, doesn’t just provide stewardship for one of the world’s most highly valued brands. He guides the portfolio of different consumer brands that require what can be dramatically different marketing strategies. I recently asked Francisco to illuminate parts of Coca-Cola’s strategic process. Paul Talbot: What process […]

Hela April 26, 2019

MUMBAI: The risk of over-leveraging in the microfinance sector has increased owing to the changing landscape of the sector, varying interpretation of the RBI guidelines as well as some gaps in the credit bureau data, said credit rating agency Icra on Tuesday. Icra said in a statement that an analysis of the portfolio of micro finance institutions (MFIs) reveals that […]

Hela April 24, 2019

Having adequate amount of money at the right time for what you intend to do is like a dream come true. Tenets of personal finance talk about creation and execution of financial plan for financial well-being of an individual. But what you plan today may not work next year, as your needs change, your cash-flow […]

Hela April 22, 2019

Why women shy away from taking personal loans (Illustration: SHYAM Kumar Prasad) By Hemanth Gorur Personal loans can be very handy in times of financial deficit or emergency situations like sudden hospitalisation. This can be even more so for Indian women as they seem to be earning less, spending more on medical expenses, yet receiving […]

Hela April 21, 2019

As a personal loan is an unsecured loan, its interest rate, terms, and other features that you can enjoy are heavily dependent on your credit score. A good credit score, one that’s 750 and above, can help you bag the loan amount you need at an affordable interest rate from a reputed lender. However, in […]

Hela April 20, 2019

Mumbai: Every year in March, the income tax department chases tax collections in order to fulfil targets for the financial year. But this year the department had kicked up the collection drive a notch. According to multinational companies, tax consultants and chartered accountants, the taxman has been uncharacteristically aggressive. “In the last quarter of every financial […]

Hela April 16, 2019

I started my first business out of my university dorm room, and like most startup business owners, I had to be resourceful and use whatever tools I could afford. Thus, I taught myself how to use Photoshop and I designed my own business cards, my own logo and all of my own marketing materials — […]