Why taking a personal loan from NBFC is better than taking the same from a bank? Read on...
Starting a business may be easy. But running it successfully requires meticulous planning and the courage to confront all the challenges.
The lender ensures the value of the collateral is higher than the loan, so as to have a reasonable comfort in case of a default
NBFCs accounted for another 6.85% and other MFIs account for 1.05% of the universe, the report said
Total outstanding bonds are estimated to be around Rs 15,000 crore
Assets categorisation norms brought on par with norms that govern banks
The new regulatory framework will be effective form October next year
He said at the NBFC Summit that we should not compromise on the ethos of finance for mercurial or ephemeral gains
Public sector banks, on the other hand, dominate the affordable housing loan space, wherein their market share is 37%.
In a Series E funding in November last year, the company has raised $200 million and prior to this it had raised $400 million previously