NBFC is a financial institution that provides services similar to that of banking and another lending service without meeting with the legal definitions of a bank. These NBFC institutions are...
MOREAn NBFC is a short abbreviation used for non banking financial company. These are a kind of financial institutions that provide banking-like facilities and other lending services without having to...
MORENBFC stands for “Non- Banking Financial Company”. It provides similar services to banking like lending money, but the company doesn’t require to meet any legal stipulation of the bank. An...
MOREWhat is NBFC? NBFC stands for a non – banking financial company, it’s a company registered under the “companies act 2013”. It involves the principal business of lending the investments...
MOREIf any institution which looks like a bank, acts as a bank and behaves like a bank then it is not necessary that is a bank it can be Shadow...
MOREWhat is retail lending? Retail lending is the practice of lending money to individuals rather than organizations. Retail lending is done by banks, credit unions, and savings and loan associations. These institutions make loans for automobile...
MOREEarlier the NBFC lending or obtaining assistance for any business person was a cumbersome procedure because of the reasons like: High sky interest rates;Number of requirements of collateral securities while...
MORENew generations of young & technology peoples face a highly complex & uncertain economic environment with a degree of choice & consumer freedom never seen before. Financial institutions need to...
MOREIndia is a country with a huge population. Banks, in spite of having increased their presence, have certain limitations as they cannot open branches in remote and inaccessible places. This...
MOREAfter immense discussion on P2P lending regulations in India, the Reserve Bank of India issued gazette notification dated 18th September 2017 stating that peer to peer companies who provide loan...
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