Notes and Study material for Exams
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 but does not include any institution whose principal business … Read more
CREDA – Chhattisgarh State RENEWABLE ENERGY Development Agency CREDA – Chhattisgarh State Renewable Energy Development Agency, has been constituted on 25th May 2001 under the Department of Energy, Government of Chhattisgarh for implementation of various schemes pertaining to Renewable Energy sources and Energy Conservation activities. It is registered under Society Act … Read more
Indian Horticulture. The small and marginal farmers and landless agricultural workers, artisans and petty shopkeepers in rural areas are provided financial assistance through the Regional Rural Banks in India. These regional rural banks operate under a commercial bank. Thus the commercial banks meet the credit requirements of all types of rural people. In India agricultural … 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
The Rise of Non-Banking Financial Companies (NBFCs): A Comprehensive Look at the Landscape Introduction The financial landscape is constantly evolving, with new players and innovative models emerging to cater to the diverse needs of individuals and businesses. Among these, Non-Banking Financial Companies (NBFCs) have gained significant prominence, playing a crucial role in bridging the financial … Read more