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 to repay and restore their financial assets in the event of the same.
Thus, it includes the recovery of NPAs, and the Ministry of Finance…
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 in day-to-day supervision and management of the finance department and helps in capital raising, lending strategies, and implementation.
Many companies are already delegating their operations…
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 in employment. NBFCs have also played a crucial role in increasing the reach of these businesses and improving their performance.