Inside This Article
Introduction
With the increasing demand for credit in India, the growth of Non-Banking Financial Companies (NBFCs) is at an all-time high. The registration of NBFCs is a…
Inside This Article
Introduction
Updated by the RBI in March 2020 and its released framework regarding payment aggregators' further continuation compliance. The regulator stated that the payment gateways now need…
Inside This Article
Public sector banks have been performing quite steadily for quite some time, and the July to September quarter in 2022 vouches for it. These banks have registered…
Inside This Article
Introduction
Around the world, the COVID-19 pandemic has profoundly affected people's comfort levels with digital technology. The 'new normal' of payment reached 70 billion transactions in 2022,…
Inside This Article
NRIs (Non-resident Indians) will now be able to use UPI for processing payments. NPCI (National Payments Corporation of India) says that NRIs living in ten countries can…
Inside This Article
Introduction
The Unified payment interface or UPI transactions, as we know, the elevated convenience served by UPI systems is one biggest reason it's exceeding other payment methods.…
Inside This Article
India’s economic growth has been exceptional in the past few years. It can be easily attributed to the microfinance companies in India whose immense contribution fueled this…
Inside This Article
The contemporary lending environment is going through a paradigm shift. It is way better than the traditional lending process finance and loan companies used to follow. All…
Inside This Article
Micro-financing has played a key role in the rapid economic growth of India. Its contribution has been immense. Private finance companies have made financial assistance within reach…
Inside This Article
Introduction
As we know, NBFCs are performing an imensive job by providing credit facilities to specific niche sectors, viz., infrastructure and unbanked sections of the economy —…
Inside This Article
Introduction
The Demonization and rise in digital payments paved the way for digital banking units (DBUs) in India, and the RBI’s Digital Payments Index (DPI) has increased…
Inside This Article
Introduction
Why do we need NBFC when we have Banks?
Let's take a quick example - Why do we need Jio, Airtel, Idea, and others when we…
