Fair market value FMV is the actual measure of the worth of an asset. It is the price at which the buyer is willing to pay, and the seller is willing to sell. Fair market value is different from market value and appraised value. Market value is the price at which the asset is tradin...
E-rupee is available in the electronic form and works as a prepaid voucher sent to the beneficiary’s mobile phone as an SMS or a QR code. The beneficiary can redeem the voucher at any merchant that accepts UPI e-prepaid vouchers without using a card, a digital payment app or Internet ...
The full form of UPI is Unified Payments Interface, a real-time payment system developed by theNational Payments Corporation of India(NPCI) that facilitates instant money transfers between bank accounts via smartphones. UPI enables users to send and receive money, pay bills, and make online purch...
What is 'Debt Consolidation' Definition: Debt consolidation means combining more than one debt obligation into a new loan with a favourable term structure such as lower interest rate structure, tenure, etc. Here, the amount received from the new loan is used to pay off other debts. ...
So, are you a swing trader or scalp trader? It might not be easy to answer the question. It is also tricky to stick to a style when you are trading in real-time. Both scalping and swing trading have unique sets of pros and cons to suit traders’ sentiment. ...
Yes, co-branded credit cards can be issued instantly if thecustomer’s KYCwith the issuer bank is complete. How do banks make money on co-branded cards? To pass on the rewards and benefits to the customers, bankspay premiumsto the co-branding partners. While the banks earn by charging fe...
HDFC Bank: HDFC Bank, one of India’s leading banks, emphasizes performance management to enhance customer service. They closely monitor their employees’ performance in serving customers and meeting sales targets. Regular training and performance reviews are conducted to ensure employees are well-equipp...
The UPI Handle is different for different TPAPs. Some TPAPs use more than one UPI Handle depending on the TPAP’s partner banks. For example, the partner banks of Google Pay are SBI, ICICI Bank, HDFC Bank, and Axis Bank. Hence, if you create a UPI ID using Google Pay, your UPI ID...
Video below is thedemo of mobile banking of HDFC Bank,from Youtube. SMS Banking SMS Banking services allow you to pay bills, recharge prepaid services and avail banking services by sending a simple SMS. One needs to register for SMSBanking The bank gives a particular code, which needs to ...
For instance, FreeCharge, a buy now-pay later app, was acquired by Mumbai-based Axis Bank in 2020, while incumbent firms such as such as HDFC or Kotak Mahindra (banking), Tata or Reliance (financial conglomerates) or Max Life (Insurance) have created FinTech incubators in Mumbai. The rise...