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The Knowledge Corner

How can Traditional NBFC Win the Battle for Millennials?

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 […]

Semi-Closed Wallet License in India

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 Comprehensive Guide: Cooperative Society Registration in Maharashtra

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 […]

Important Checklists for NBFC License in India

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 […]

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