Posts Tagged: nbfc

Macro Moves

RBI Sandbox: A Financial Laboratory

When I first stumbled upon the term "RBI Sandbox," my brain immediately conjured up images of a delightful box filled with sand for kiddos to frolic in. Oh, how wrong I was! Turns out, it's nothing of the sort. And hey, I'm willing to bet there are plenty of folks out there who are just as clueless as I was (except for those outliers, of course). But fret not, my friend! By the time you finish reading this article, you'll be armed with all the answers you need. Get ready to have your mind blown (not with sand, though)!

Brand Games

ZestMoney’s Dilemma: The Inside Story

ZestMoney, a digital lending platform that planned to make life affordable for 300+ households in India, is now in a dilemma. From Walmart-backed PhonePe pulling its hand out of the acquisition deal to co-founders resigning, ZestMoney is making headlines constantly. The once-leading company in the EMI-based lending sector, why is ZestMoney on the negative side of the market?

Business

Methods to acquire Hassle-free Business Loans

Back in the day, Business Loans were synonymous with a tedious utility technique, strict credit evaluation, and exhaustive documentation. Nevertheless, Business Loan credit guidelines have become much more relaxed.

Business

MSME Loans- User Manual to Control Dilution

In today's highly competitive era, manufacturing is becoming an increasingly important sector in India. The country is striving hard to be the global manufacturing hub. To help India scale the great heights, the MSMEs are contributing significantly. However, manufacturing is not an easy feat as it requires a lot of funding. Manufacturing loans are one of the best ways to meet the rising demands of MSMEs. Government offers MSME loans to help cash-strapped businesses get on track. The Indian government plans to make a total contribution to MSME switch from 29% of GDP to 50% by the end of 2024. The MSME loans are an efficient solution to raise funds for initial setup, new equipment, and other regular operational demands. Keep reading to learn more about the features, schemes, and eligibility criteria of MSME loans.

Finance

Cash Credit vs Overdraft: What is the difference?

Both are cages. One gold-plated, another regular.

Finance

Credit Card Loan Vs Personal Loan: Which One is Better?

Both of them are loans. Both of them are meant to suck you dry.

Finance

Factors to consider while taking a Vehicle Loan

Congratulations on deciding to buy a white elephant that is coming to you with a huge debt that you will be paying off for the next 10 years of your life.

Finance

What is Gold Loan?

Kid, if you are planning to pawn off your mother's jewellery for some liquid funds, bad idea! Flying chappal is not a cool thing to receive.

Finance

How to Apply for Education Loan?

The road to education has various hurdles. As the world has developed, so has the education needed to keep it moving in the right direction. Owing to these developments, the cost incurred to accomplish this education has gone up.

Invest

Top 5 NBFC Stocks in India

Retail banking in India is a massive domain, providing services from deposits to loans and everything in between. But there is a specific sector providing specific services. They’re not banking institutions but rather, Non-Banking financial institutions commonly known as NBFC.

Finance

Are Non banking financial companies (NBFCs) the new banks ?

“Necessity is the mother of invention.” This quote by Plato succinctly explains the emergence of NBFCs in the ocean of banks.

Business

Indian Gold Loan Industry: Who’ll take this Underpenetrated Market?

India, the world’s second-largest consumer of Gold worth $1.5 Trn, has a meager 3% of it pledged for loans. Is it a multi-billion-dollar market for the taking?

Brand Games

Uday Kotak : The Wealthiest Banker of Asia

“The trouble with opportunity is, it never announces when it comes. It's only after it's gone, you'd realize that you missed it.” - Uday Kotak

Macro Moves

What is Asset-Liability Mismatch in the Banking Sector?

We all deal with money in everyday life. We earn salaries, we buy things, and we invest it or just keep it. Sometimes we forget our wallet and our friends pay for us at tea stalls. Some other times we pay for them because they paid for us the last time.

Invest

Impact of Corporate tax cuts on Banks and NBFC’s

On September 20th, 2019, the Finance Minister Nirmala Sitharaman announced Corporate Tax Cuts in order to stimulate the economy. While in our previous article, we have already discussed at length the impact of Tax Cuts on the Corporate Sector.

Big Shots

NBFCs and their Registration Process

A Non-Banking Financial Company (hereinafter referred to as NBFC) is an entity that provides banking and other lending services but does not come under the legal definition of a bank. An NBFC is incorporated under the Companies Act, 1956 or the Companies Act, 2013. All NBFC’s are necessitated to procure a ‘Commencement of Business’ certificate from the Reserve Bank of India (hereinafter referred to as RBI) as provided under the provision of Section 45-IA of the RBI Act, 1934. Further, they cannot commence any business as a Non-Banking Financial Institution without procuring a ‘Certificate of Registration’ from the RBI. The NBFC Registration and License may be obtained in 90-120 days.

RBI Sandbox: A Financial Laboratory

ZestMoney’s Dilemma: The Inside Story

Methods to acquire Hassle-free Business Loans

MSME Loans- User Manual to Control Dilution

Cash Credit vs Overdraft: What is the difference?

Credit Card Loan Vs Personal Loan: Which One is Better?

Factors to consider while taking a Vehicle Loan

What is Gold Loan?

How to Apply for Education Loan?

Top 5 NBFC Stocks in India

Are Non banking financial companies (NBFCs) the new banks ?

Indian Gold Loan Industry: Who’ll take this Underpenetrated Market?

Uday Kotak : The Wealthiest Banker of Asia

What is Asset-Liability Mismatch in the Banking Sector?

Impact of Corporate tax cuts on Banks and NBFC’s

NBFCs and their Registration Process

Popular Tags

Popular Authors

Popular Posts