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 help Millennials not only to access credit but also to navigate the intricacy of their financial lifecycle. Thus the banks & credit unions do not […]
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 BigBasket, “Use Ola wallet while booking Ola cabs and get a discount on my taxi fare” etc. The question arises is what all these wallets […]
A cooperative credit society is defined as a cooperative society & the primary object of which is to provide financial accommodation to its members & includes a cooperative l& mortgage bank. A cooperative business which is jointly owned enterprise engaging in the production or distribution of goods or the supplying of services, operated by its […]
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 India, the number of NBFCs is significantly growing and plays a vital role in the financial sector. In this blog, we will brief about the […]