NBFC retail credit to grow up to 22% in 2016-17: Icra Retail loan disbursements by non-bank lenders will grow by 19-22 per cent this fiscal, with the housing finance segment alone needing up to Rs 286 billion in capital over the next three years, domestic ratings agency Icra said today. Retail credit growth accelerated to … Read More →
Investors have fallen for stocks that till yesterday were considered just an arbitrage play over banks…. !! Shares of non-banking financial companies (NBFC) have been on fire on Dalal Street. In a note tilled What Doesn’t Kill You Makes You Stronger, Amay Hattangadi, managing director of Morgan Stanley Investment Management (MSIM), and Swanand Kelkar, executive … Read More →
SEBI Eases Rules For Listing of Startups: The Securities and Exchange Board of India (Sebi) has proposed a slew of changes for the start-up listing platform to make it attractive for new-age companies to consider going public in local markets. The regulator said, based on the feedback received from market participants, it has decided to … Read More →
To Finance Short-Term Capital, Companies can use the following Methods:- Trade Credit Companies buy raw materials, components, stores and spare parts on credit from different suppliers. Generally suppliers grant credit for a period of 3 to 6 months, and thus provide short-term finance to the company. Availability of this type of finance is connected with … Read More →
Corporate governance reforms will ensure transparency in boardroom: Sebi CGM The core idea behind corporate governance reforms in India is the promotion of long term sustainability of business enterprises, a top Sebi official said today. Accountancy, independence, transparency and honesty are the prime drivers of the corporate governance regime in the country, said V S … Read More →
Methods of Raising Capital in Business A company may raise funds for different purposes depending on the time periods ranging from very short to fairly long duration. The total amount of financial needs of a company depends on the nature and size of the business. The scope of raising funds depends on the sources from … Read More →
Sebi plans new system to crawl social media, websites Markets regulator Sebi is planning to put in place a new system for crawling the internet and social media platforms like Twitter and Facebook for round-the-clock monitoring of market-moving developments. The regulator is looking to rope in an expert independent agency for putting in place this … Read More →
Provisions of Loan in Nidhi Company: (1) A Nidhi shall provide loans only to its members. (2) The loans given by a Nidhi company to a member shall be subject to the following limits, namely:- (a) two lakh rupees, where the total amount of deposits of such Nidhi from its members is less than two … Read More →
RBI creating registry of banking correspondents: Raghuram Rajan Reserve Bank of India is in the process of strengthening the network of banking correspondents by creating a registry, Governor Raghuram Rajan said here today. “We are engaged in strengthening the network of banking correspondents by creating a registry of banking correspondents, giving them the ability to … Read More →
RBI To Make Funds Transfer Via Smart phones Easier: The Reserve Bank of India (RBI) on Monday said it will become easier in the coming weeks for people to transfer funds between bank accounts through their smartphones. Speaking at the IDRBT Banking Technology Excellence Awards function, RBI Governor Raghuram Rajan also made a case for … Read More →