Notes and Study material for Exams
–2/”>a >DOCTYPE html PUBLIC “-//W3C//DTD XHTML 1.0 Transitional//EN” “http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd”> Non-Banking financial institutions and their reforms in them since 1990s A Non Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of Shares, stock, Bonds hire-purchase insurance business or chit business … Read more
Commercial Bills: A Comprehensive Guide to Short-Term Financing Commercial bills, also known as trade bills or banker’s acceptances, are a vital tool in the world of short-term financing. They offer businesses a flexible and efficient way to manage their cash flow, particularly when dealing with trade transactions. This article delves into the intricacies of commercial … Read more
Navigating the Landscape of NBFCs: A Comprehensive Guide to Types and Functions Non-Banking Financial Companies (NBFCs) have emerged as a vital component of the financial ecosystem, offering a diverse range of financial services to individuals and businesses. While often perceived as alternatives to traditional banks, NBFCs play a distinct and complementary role, catering to specific … Read more