EVERYTHING ABOUT NBFC FUNDING IN INDIA
by Vinay Singh on 2021-08-08
BANK FINANCE TO NBFCs: Banks are allowed to cover working capital facilities along with term loans to all NBFCs registered with RBI. Between Sep 2018 and 2019, banks have funded Rs 1.9 lakh crore to the non-bank sector, growing their portfolios by nearly 40 per cent, as per the latest data of RBI.
Strategy for NBFCs in 2020
by Shamshad Alam on 2021-08-08
It is apparent that, in the last few months, the Non-Banking Financial Companies have witnessed a keen liquidity calamity, and a bid to support the lending condition both center and the RBI have taken quite a few measures. While the big ticket NBFCs - AA category are in an improved position to deal with the present issues, the smaller ones have been largely affected. Examining this crisis and the hurdles, Rashi Aditi Ghosh of Elets News Network (ENN) determines what is in store for the non-banking financial companies for the year 2020. What is their strategy for existence?
How to get NBFC Account Aggregator License?
by Vinay Singh on 2021-08-08
NBFC Account Aggregators are organizations that facilitate allocation of data from numerous financial sector organizations and act as “consent brokers”, they transit data transfer among the financial organizations with the approval of the client. This was declared by the Reserve Bank India in September 2016 stating master directions for a new class of NBFCs called Account Aggregators.
NBFC VS. BANK – A CRITICAL STUDY
by Shamshad Alam on 2021-08-08
In today’s scenario, loans have become more approachable to borrowers once they satisfy the necessary eligibility criteria. The foremost concern comes forth when we have to choose between banks and NBFCs. In the Financial Stability Report, the RBI confirmed that NBFCs are better than banks, mounting customer satisfaction by fifteen percent.
Everything About NBFC – P2P
by Vinay Singh on 2021-08-08
Peer-to-peer (P2P) lending platforms offer themselves a simple key to borrow money for short-term necessities. This shall include buying consumer electronics, medical emergency, business loan, home renovation, repay credit card dues, travel loan, or any other such requirements.
How To Get A Bar License In India | How To Get Bar Licence in India
by Vinay Singh on 2021-08-08
Each year Government of NCT formulates the Excise Policy and approves Terms & Conditions for grant of L-1 licenses. In pursuance to this policy and thus the approved terms & conditions, licences in form L-1 are granted for the wholesale supply of Indian liquor. These are granted to a corporation or a society or a partnership firm or proprietorship firm having licensed manufacturing units (distillery / brewery /winery/bottling plant).