Gone were the days when blockchain technology was only associated with cryptocurrency. Now, many industries, like healthcare, insurance, logistics, medicine, entertainment, etc., are trying to harness the advantages of this…
Introduction
The Reserve Bank of India often issues master directions and notifications regarding the working of NBFCs. Hence, it helps NBFC adhere to the public interest and safeguards itself when borrowers fail…
Introduction
Payment or merchant aggregators are third-party service providers allowing payment through several gateways without a merchant account with a bank or card association. PayPal was the first to offer such a…
Trends in NBFCs are changing simultaneously with the technology change. NBFCs have been increasing for the past few years and have reached an all-time high growth.
According to a publication…
Introduction
To run and execute any business's 5-year plan in its arsenal is as crucial as having a product— it helps teams and investors understand and account for the business’…
NBFCs (non-banking financial companies), unlike other banking institutions they don't adhere to banking regulations but are regulated by Reserve Bank of India and are registered institutes under the companies act…
Neo banks— online banks, internet-only or no branch banks.
With the catered and personalized customer solutions— In the next five years, the global NeoBank market is recorded to grow at…
What does VCFO stand for? The acronym for Virtual Chief Finance Officers is becoming popular as it provides freedom to hire financial roles with redeemable contracts.
A Virtual CFO assists…
Introduction
After the pandemic has derailed the growth in many sectors, NBFCs are still lucrative and surging with their accessible and affordable financial services.
The proactive RBI amendments also have…
The data speaks for itself! Buy Now, Pay Later (BNPL) solutions are predicted to reach 20527.234 billion Rupees in revenue by 2025, expanding at a rate of 40% annually. …
Before talking about NBFC, Do you remember the economic crisis of 2009? If you do not know, then know that businesses worldwide were stuck due to a lack of finance…
The small business units play a significant role in the country’s economy. It is evident that with the presence of these units, the economy expands, and there is an increase…