Non-Banking Financial Companies have emerged as an alternative for banks in terms of raising funds for individuals as well as businesses. NBFCs also deploy funds to MSMEs in India. These have become an important part of the vast financial industry in India. NBFC is defined in accordance with Section 45-I of the Reserve Bank of […]
Web Aggregator is an online portal for enquiring about financial and insurance products. This is a useful platform for any individual for getting the quote and buying diverse Insurance products or policies through the service providers sitting at one point. Insurance Web Aggregators are companies: registered under the Companies Act and regulated under the Insurance […]
Starting a business in India is a complex procedure. Right from implementing the business plan to finding a suitable location, the business procedure consists of a linked chain of multiple activities. In addition to hiring employees, finding new clients, new business owners require proper registration with government authorities and acquire necessary licenses. Without the proper […]
If you are starting a specific business or any trade activity in a certain municipal area, then you require a Trade License first. For example, if you are going to commence your business in Uttar Pradesh, then you require obtaining Trade License in Uttar Pradesh. It is so as to ensure that the citizens of […]
It is often observed that people confuse Prepaid Wallet with Digital Wallets. However, both of them are different. As we are well aware of the digital wallets, in this blog, we are going to discuss Prepaid Wallets. Let’s start with the definition- Defining Prepaid Wallet Prepaid wallets are the modes of online payment instruments for […]
Nowadays, the world has become quite a technology savvy. Whether we want to eat something or have to purchase any cloth, gadgets, etc. everything is now done at just one click. But do you know how you are able to shop online so easily? Well, this is what we call Payment Gateway Service. In this […]
Generally, an unlisted company chooses to go for Initial Public Offering (IPO) when the need for raising a massive amount of capital arises. Usually, the process of IPO lets companies sell their securities, and in turn, they get to raise funds. Before an IPO, the company is private with limited accredited investors and a few […]
If you’re willing to start your own Mutual Fund Company, then you must first understand the concept of Mutual Fund. Basically, it’s a collection of money that is put together by investors. In other words, we can say that it’s a pool of money that manages to earn the highest possible return. All the money […]
A person responsible for the management, advising, supervising a portfolio on the behalf of his clients is known as a portfolio manager. A portfolio means a bunch of investments. And the service provided for managing the fund of a client is termed as portfolio management. The portfolio manager is expected to be capable enough for […]
Sweat Equity Shares are issued by the Company to give recognition to its employees for their work. It is one of the methods through which the Company makes the share-based payment to its employees. Sweat equity shares is a reward given to employees for their contribution to the development of the Company. Equity Shares encourages […]
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