NBFC 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...
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What 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...
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If 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...
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What 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...
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Earlier 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...
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New 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...
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India 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...
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After 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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Electronic monetary transactions and mobile wallets have achieved significant growth in recent years. Every day we come across discounts offers like “Use PayTM wallet and get 5% additional discount on...
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The Non-Banking Financial Companies (NBFCs) are Companies who act alike Banks. NBFC License is a Company duly registered under Act whose principal business is to conduct the financial activity. In...
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