Banking

Fi Money Review 2024

Fi Money Review

Fi Money has been the talk of the town lately since many people in India have realized the benefits of neo-banking. The evolution of the internet has given rise to a huge expansion of the neo-banks. Let’s first understand what exactly neo-banks are and how to operate your transactions online. What is Neo Banking? The …

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Difference between NBFC and Bank

Difference between NBFC and Bank

NBFC and banks are separate financial intermediaries providing financial services for customers. NBFC stands for non-banking financial company and their financial intermediaries like banks. However, the registration process and major functioning can differentiate both financial intermediaries. So, please read this article to learn about both and understand how they are different from each other. NBFC: …

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Cash Credit vs Overdraft

Cash Credit vs Overdraft

Cash credit is a short-term loan that companies and businesses get to meet their working capital expenditure. An overdraft is a facility given by the bank to individuals and companies. So, they can withdraw money from their bank account, even if there is a low, zero, or below the balance. Most people and small businesses …

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5 Best Banks for Current Account for Small Business in India 2024

Best Banks for Current Account for Small Business in India-min

Are you about to establish a small business to cater to the local communities? So, opening a current bank account is one of the inevitable requirements during the inception of your business. Innumerable private and public banks are there offering attractive current account facilities. But, how do you pick one among them? Isn’t it challenging …

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