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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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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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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The Reserve Bank of India, through its circular released on the 19th of April earlier this year, laid out guidelines relating to advances by NBFCS and the mandatory disclosures they...
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In order to keep up with the rampant change in technology, new advancements are being made in each sector. The financial sector has also adapted to the developments of these...
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In the year 2020, the RBI or Reserve Bank of India had released some guidelines regarding the regulation of Payment Aggregators and Payment Gateways. According to the present framework, NBFCs...
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