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Introduction: Money market instruments play a pivotal role in fulfilling working capital requirements of corporates by facilitating acquisition of short-term financing and thereby establishing liquidity…
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The Reserve Bank of India (RBI) in its Master Directions (Direction) for NBFCs, has outlined the requirement of obtaining prior written permission of RBI for…
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An NBFC-Factor is a type of Non-Banking Financial Company (NBFC) that is primarily engaged in the business of factoring. Factoring is an important source of…
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Introduction Off lately there has been an increasing demand for credit across corporate and industrial sectors. Unlike conventional institutions and banks, Non-Banking Financial Company (“NBFC”)…
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Non-Banking Financial Companies (NBFCs), as the name suggests, are the companies established under the Companies Act. NBFCs are intermediaries engaged in the business of finances,…
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NBFCs or Non-Banking Financial Companies are a major contributor to the 12.5% GDP rise in India. In addition to this, NBFCs have a projected growth of…
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In recent years, customer complaints against banks have gone up manifold. These complaints include miss-selling of insurance policies, unfair recovery tactics, hidden charges and…
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