Investment banks, mortgage lenders, money market funds, insurance companies, hedge funds, private equity funds, and P2P lenders are all examples of NBFCs. Since the Great Recession, NBFCs have proliferated in number and type, playing a key role in meeting the credit demand unmet by traditional ...
Co-branded cards aredebit orcredit cardsprovided bythe issuers(banks, financial institutes, orfintech companies) by partnering with amerchant/corporate entityto provide tangible benefits like cashback, lounge access, rewards, etc. Thus,co-branded debit cards, co-branded prepaid cards, co-branded gif...
Piramal Enterprises Limited is a growing, diversified Non-Banking Financial Company (NBFC) with presence in Retail and Wholesale Lending, Alternative funds and Life Insurance businesses. Piramal is amongst the leading NBFC's in India today in terms of its size with Total Assets of ₹ 83,752 ...
The non-banking financial companies are registered under the Companies Act, 1956 and deals in the business of loans and advances, investments in bonds/shares/debentures/stock and other marketable securities Viz. Lease, hire-purchase, insurance business, but do not include any institution which is p...
Financial institutions such as banks, insurance companies and pension funds are also known as 'Financial Intermediaries'. They dominate the financial scene all around the globe. It is virtually impossible to spend or save or lend or invest money nowadays without getting involved with some kind of...
As of March 31, 2022, the Financial Services (Lending) business had an equity base of ₹ 17,006 Crores, the Alternatives business had ₹ 1,381 Crores and the Life Insurance business (JV with Prudential International Insurance Holdings) had ₹ 957 Crores. The Pharma business has an ...