Non-Banking Financial Companies (NBFCs) play an important part in the Indian financial system by lending to different sectors of the economy. However, given the inherent dangers connected with lending and...
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The banking sector encompasses various financial operations such as deposits, loans, and so on. Most countries have a centralized bank that regulates all other banks in the country. The Non-Banking...
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Any commercial bank that is properly registered with the Reserve Bank of India must perform the essential tasks of accepting deposits and making loans. Both individuals and entities can use...
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A DSA or Direct Seller Agent represents the NBFC to the customers and provides them with information about schemes and loan advancements. A DSA of NBFC also helps the customers...
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In recent years, the embedded insurance concept has gained so much popularity in the insurance market of India. The publisher expects embedded insurance to be a game-changer for the Indian...
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CERSAI is short for Central Registry of Securitization Asset Reconstruction and Security Interest of India. It was created in the year 2011 as per section 20 of the SARFAESI Act....
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Account aggregators are institutions that act as an intermediary that will share an individual's financial information with various entities if the consumer consents to it. NBFC Account aggregators have been...
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Multi-state Cooperative Societies Act, 2002 was enacted by the legislature to lay down the laws for Cooperative societies that want to serve the interest of the members in more than...
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A cooperative society is a mutual accord between people where they come together to pool their resources to achieve a common economic objective. Members of a cooperative society usually consist...
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Through the years, Non-Banking Financial Companies (NBFCs) have proved to be a vital aspect of the Indian financial landscape. NBFCs have made it easy for a large number of people...
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