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CashNews.co Bajaj Finance Employee Dies: Tarun Saxena, a 42-year-old area manager at Bajaj Finance, allegedly died by suicide by hanging himself at his home, reportedly due to intense work pressure. Family members have claimed that he endured āmental tortureā from his superiors to meet demanding recovery targets. Police said on Monday that a suicide note […]
CashNews.co Indiaās financial capital Mumbai is embarking on a multibillion-dollar infrastructure revamp aimed at alleviating its notorious traffic congestion. But analysts warn of hurdles such as land acquisition and environmental regulations that could derail the project and its ambitious timeline. Dubbed āMumbai in Minutesā, the plan launched by the Mumbai Metropolitan Region Development Authority seeks […]
CashNews.co 4 min read Last Updated : Oct 01 2024 | 9:58 AM IS The US Mission in India has opened 250,000 additional visa appointments for Indian travellers, including tourists, skilled workers, and students, according to a statement released on Monday. These new slots are expected to help Indian applicants secure timely interviews, promoting […]
CashNews.co Reserve Bank of India (RBI) has reiterated its observation that micro-lenders and non-bank financiers are charging high, usurious interest rates on small businesses and borrowers. Deputy Governor Swaminathan J has called on small finance banks (SFB) to adopt “responsible lending practices” and not charge excessive interest rates and usurious fees. The deputy governor was […]
CashNews.co The Company is supported by 33 lenders, including prominent banks like State Bank of India, HDFC Bank and Kotak Mahindra Bank. Moneyboxx has led the charge of driving financial inclusion in rural India by providing business loans to micro-entrepreneurs leading to a transformational change in their lives. With cumulative disbursements of over INR 1,300 […]
CashNews.co An IIT Madras professor and a respected voice in financial education has raised concerns about a common misconception taking root in Indian households. Speaking on a podcast hosted by Financially Free, Dr. M. Pattabiraman stressed on what he considers a dangerous money myth: the belief that increasing equity exposure guarantees higher returns. “People are […]
CashNews.co Rexas Finance (RXS) is increasingly capturing the interest of users with its new format of asset-backed cryptocurrencies ā allowing them to tokenise and trade various tangible items such as real estate, art, or commodities with this innovative concept. Due to this modern technology, more and more people have invested in RXS, especially during the […]
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CashNews.co Fintech unicorn Cred on Monday reported a 66% year-on-year jump in its revenue to Rs 2,473 crore for the previous fiscal, compared with Rs 1,484.6 crore in FY23, while reducing its operating losses by 41% to Rs 609 crore, from Rs 1,024 crore. Cred founder Kunal Shah attributed the improved performance to the growth […]