Emerald Finance Limited partners with Spring Overseas Pvt Ltd

Emerald Finance Limited has partnered with Spring Overseas Private Limited, New Delhi to offer its Early-Wage-Access program to the employees of the Company.

This partnership aims to provide an instant financial relief to the employees by allowing them to access part of their salaries seamlessly throughout the month. The Company, in line with its vision to expand its offerings and to serve retail customers at large had been working on a salary advance solution. This product entails tying up with employers to offer short term loans as salary advance. The amount lent is then collected through salary deduction.

Shares of Emerald Finance Ltd was last trading in BSE at Rs. 83.39 as compared to the previous close of Rs. 80.77. The total number of shares traded during the day was 223083 in over 642 trades.

The stock hit an intraday high of Rs. 84.80 and intraday low of 78.00. The net turnover during the day was Rs. 18748354.00.

Source : Equity Bulls

Keywords

EmeraldFinance INE030Q01015 Partnership EarlyWageAccessProgram SpringOverseas