WHAT IS RBI’S DIGITAL RUPEE (CBDC) IS IT CRYPTOCURRENCY?
WHAT IS RBI’S DIGITAL RUPEE (CBDC)? As a financial services innovation, The Reserve Bank of India (RBI) is planning to launch a digital currency using blockchain technology in 2022-23. It is a central bank-backed digital or virtual/ cryptocurrency that has grown in importance over the last decade. With this innovation, CBDCs are likely to play […]
HOW DOES BUY NOW PAY LATER HELP YOUR BUSINESS?
Buy Now Pay Later BNPL, or Buy Now Pay Later, is a direct microloan with a specified limit that facilitates budget-conscious buyers who opt for small-ticket buying and repay the amount they have borrowed later on. It is not a secured loan and must be paid within a repayment cycle of 14 – 90 days, […]
ARE CASH CREDIT AND OVERDRAFT FINANCIAL PRODUCTS SAME?
CASH CREDIT AND OVERDRAFT Business both small and medium need timely influx of money to run their daily operations smoothly without any hiccups. However, in certain conditions a business may require cash for their long-term or short-term goals. In such cases, there are two options available for taking a loan for business needs: This article […]
ADDING POSITIVE CREDIT HISTORY TO YOUR CREDIT REPORT
POSITIVE CREDIT HISTORY More companies are looking at your credit history when considering whether or not to do business with you, so having a good credit history is more important than ever. To get a home loan, rent an apartment, buy a car, get a good insurance rate, and even find a job, you’ll need […]