NBFCs are prominent business entities that have proven their mettle to develop India’s economy. Catering a wide variety of financial services, Non-Banking Financial Companies has overthrown the traditional lenders or...
MORESecuritization is the process wherein an entity sells its non-tradable assets in exchange for cash in the illiquid market to raise capital. Recently, the Reserve Bank of India has extended...
MORENBFCs have played a vital part in strengthening the economy of India. It refers to a Non-Banking Financial Company that commences financial activities without procuring a license for the same....
MOREOn November 18, 2019, the Ministry of Corporate Affairs in consultation with Government of India and RBI has issued a notification. It notifies the rules under Section 227 of the Insolvency...
MOREThe Reserve Bank of India (RBI) persistently examines the financial sector and takes necessary actions to stabilize the system. Henceforth, RBI has recently extended NBFC Supervision to Cover Auditors, banks,...
MOREPeer to peer is a lending platform that satiates borrower's needs by connecting them with suitable lenders. It eliminates the role of any intermediary that charges unnecessary fees from both...
MOREHumanity has become a thing of the past for this contemporary world. Everyone is busy scaling up self-dreams, and nobody has enough time to look after the society needs. However,...
MOREMobile wallets play a vital role to channelize the growth of Digital India. As our society wholeheartedly embrace the western culture, cashless transactions in no exception. Nowadays, people prefer using...
MOREOn 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...
MORENBFC or Non-Banking Financial Company is a financial entity registered under Section 45-I of Reserve Bank of India Act. It is a perfect alternate of traditional lending institution servings various businesses, like micro...
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