The term “NBFC Business Loans” denotes financial support given by the NBFCs to Business Ventures, whether operating at a large scale or as MSME in India. Earlier, the traditional banks and other informal lending sources have been the most chosen way-outs, when it comes to personal or small business loans. However, over the years, there […]
Nowadays, the trend of choosing NBFC Home Loans over Bank Home Loans is rising swiftly. The main reason behind the rise is the accessibility of loans to borrowers. However, there is still a part of the population present in the economy that faces the dilemma and confusion between NBFC and Bank Home Loans. This blog […]
Loans have become an essential part of availing immediate financial assistance, be it for personal use or business purposes. Loans may be used to boost business, handle some personal emergency, purchase some property or uplift the borrower’s living standards. Earlier, traditional banks were known to dominate and lead the Indian financial sector. However, in the […]
NBFC vs Banks: A person or business venture may require financial assistance at an important stage of their personal or professional life. The Indian banking and financial sector has played an essential role in streamlining credit for the masses. The traditional banking sector ruled the lending sector in India for more than decades. A majority […]
In order to raise the company’s subscribed share capital, additional capital shares are issued by way of the Rights Issue. However, instead of issuing the shares to the public at large, the Company prefers to issue shares to its already existing shareholders in proportion to their existing holding. Further, issuing shares by way of the […]
M&A is an efficient strategy that helps a business to grow and expand by forming synergies through resource optimization & asset consolidation. With a rapid increase in competition, companies are more inclined towards globalization and engage in M&A activities. Several companies seek the assistance of investment bankers to streamline the process of Merger and Acquisition. […]
On November 5, RBI has extended the deposit withdrawal limit for all the PMC bank depositors to ₹50,000. It’s inclusive of the limit ₹40,000 which was relaxed earlier. This outrageous step of the Reserve Bank of India will enable 78% of the Punjab and Maharashtra Cooperative bank’s depositors to withdraw their entire account balance. Highlights […]
Financial technology also abbreviated as FinTech is the technology and innovation which aims to revamp the traditional methods of delivering financial services. From startups to well-established companies dealing in the financial sector, every key player prefers to harness the technology of FinTech. Entrepreneurs who seek to add an edge to their business services count on […]
On 3rd March 2016, the Reserve Bank of India had sought shareholders’ comments on the “Draft Regulatory Framework for Account Aggregator Companies to promote Consolidated Viewing of Financial Asset Holding.” It foresees the formation of a new class of NBFC (Non-Banking Financial Companies) known as NBFC Account Aggregator. In the advancement of this framework, RBI […]
Non-Banking Financial Companies have emerged as an alternative for banks in terms of raising funds for individuals as well as businesses. NBFCs also deploy funds to MSMEs in India. These have become an important part of the vast financial industry in India. NBFC is defined in accordance with Section 45-I of the Reserve Bank of […]