Exceliq - CSC Academy

21/12/2024

What role should parents play in raising children? ft Dr Vikas Divyakirti | Vikas Sir Drishti IAS

21/12/2024

Basic knowledge About CIBIL...

CIBIL(credit information bureau India limited) it is India's oldest credit rating agency..That collects, maintain credit related information for individual and business....
CIBIL Score is a three-digit numeric summary of your credit history. ...
Credit score Range 300 to 900

1. Credit score rating
300-550 poor........
550-650 Average...
650-750 Good........
750-900 excellent.....

Basic Information about CIBIL terms....

✓ 000:
A perfect payment history for that month

✓ Days Past Due (DPD)
A DPD reflects in your credit report if you miss a payment. For example, if you miss a payment by 30 days, your credit report will show "30" for that month. If you miss two consecutive payments, it will show "60".

✓ LSS ( Lender settled status)
It indicates that a borrower has settled a debt with a lender by paying less than the full amount owed. This usually happens when a borrower negotiates with the lender to settle the debt due to financial difficulties or disputes.

✓ STD Means "Standard"
It indicates that a borrower has made their payments on time and without delay.

✓ Suit filed
a legal action that the lender takes against the borrower in case of missed loan payments.
The missed loan payments could be due to several reasons such as intentional default, financial constraint..

✓ written off
It means that a borrower has not made payments on their loan for more than three months, and the lender has written off the debt.

✓ SMA
SMA stands for Special Mention Accounts in CIBIL reports, indicating accounts showing signs of becoming NPAs within 90 days

@ SMA- 0, if the amount is overdue for upto 30 days.

@ SMA-1, if the amount is overdue for more than 30 days to 60 days.

@ SMA-2, if the amount is overdue for more than 60 days to 90 days.

16/10/2024

🚀 The Shift in FASTag Market Dynamics 🚀

The recent regulatory actions against Paytm Payments Bank have reshaped the FASTag toll transactions landscape, as evidenced by data from the National Payments Corporation of India (NPCI).

From holding a market share of around 16% in January, Paytm Payments Bank saw its share plummet to 2% by May.

This shift has notably benefited several commercial banks:
👉 IDFC First Bank now leads with a 30% market share in FASTag payments.
👉 ICICI Bank follows closely with 26%.
👉 Axis Bank holds 18%.
👉 HDFC Bank has secured 10%.

This transition underscores the resilience and adaptability of traditional banks in the toll payment sector.

While fintechs dominate the consumer-facing payments landscape, banks leverage their established infrastructure to excel in toll payments.

This sector, despite offering lower margins and higher operational costs, opens doors to cash-intensive tolling companies and commercial fleet managers, allowing banks to cross-sell their products and services.

🔍 Key Observations⬇️

✅ New Tag Issuances: HDFC Bank captures 25-30% of new tag issuances, with IDFC First, ICICI, and Axis Banks making up the majority of the remainder.
✅ Airtel Payments Bank: Increased its market share to 5.5% in May from 4.7% in January, demonstrating growth despite the challenging environment.

📊 Challenges and Opportunities ⬇️

✅ FASTag transactions have remained stable, ranging between 300 million and 350 million monthly.
✅ New tag issuance increased to 93 million in May 2024 from 70 million a year earlier.
✅ The market faces saturation due to limited vehicular movement on national highways. However, potential growth lies in expanding FASTag use cases to parking, fuel payments, and more.

In essence, the FASTag market's evolution reflects the dynamic interplay between fintech innovations and the enduring strengths of traditional banking institutions.

This shift presents significant opportunities for banks to deepen relationships with high-value clients in the tolling and transportation sectors.

What are your thoughts on the future of toll payments and the role of traditional banks versus fintech companies? 🤔

07/05/2024

क्या आप अपना खुद का बिज़नेस शुरू करना चाहते हैं?* 🌟

यदि हां, तो आपके लिए एक शानदार अवसर है! PMEGP योजना के अंतर्गत, अब आप Entrepreneurship की EDP Training के माध्यम से बिज़नेस में सफलता के सभी राज़ जान सकते हैं।

🔸 बिज़नेस की शुरुआत कैसे करें
🔸 बिज़नेस प्लान कैसे बनाएं
🔸 मार्केट में अपने बिज़नेस को कैसे पेश करें और ग्राहकों को आकर्षित करने की रणनीतियाँ
🔸 बिज़नेस को वित्तीय रूप से कैसे मैनेज करें, Budget, Cash flow, और Profit
🔸 PMEGP योजना के बारे में सम्पूर्ण जानकारी

अगर आप एक उद्यमी बनने के लिए तैयार हैं और अपने सपनों को हकीकत में बदलना चाहते हैं, तो इस अवसर को हाथ से न जाने दें। अधिक जानकारी के लिए आज ही हमारे उद्यमी से संपर्क करें। हमारी टीम आपको ट्रेनिंग और PMEGP योजना के बारे में पूरी जानकारी देगी।

यह समय है अपने सपनों को साकार करने का। ✨
हमारा PMEGP ऑनलाइन EDP ट्रेनिंग एंटरप्राइज प्रोग्राम आपको ईडीपी सर्टिफिकेट, बैंक योग्य प्रोजेक्ट रिपोर्ट, जीएसटी और उद्यम रजिस्ट्रेशन प्रदान करेगा। इसके अलावा, हम आपको उद्यमी पोर्टल प्रदान करेंगे जो आपको एक साल तक पूर्ण सहयोग प्रदान करेगा।
आज ही हमारे साथ रजिस्टर करें और अपने सपने के व्यवसाय को शुरू करने की ओर पहला कदम उठाएं
रजिस्टर करें : https://www.udyami.org.in/entrepreneur-development

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02/10/2023

उच्चतर शिक्षा प्राप्त कराने के लिए 10वीं एवं 12वीं पास छात्र- छात्राओं को स्टूडेंट क्रेडिट कार्ड योजना के तहत दिया जाता है, ₹4 लाख तक का ऋण । ऑनलाइन आवेदन करने के लिए वेबसाइट https://www.7nishchay-yuvaupmission.bihar.gov.in पर विजिट करें ।
Nitish Kumar
Bihar Education Department


#नया_बिहार

02/10/2023

01/10/2023

Surpassing Global Standards!
According to some reports, India's remarkable growth in the space has outpaced even the most technologically advanced nations. Discover how our nation is setting new benchmarks in this dynamic industry.