What is the difference between scheduled commercial banks and public sector banks? Why is there a need for a separate payment bank when the same could be done through MFI (microfinance institutions)? What is the Impact of microfinance in lending?
What is the difference between a non-banking financial company (NBFC) and a non-banking financial institution (NBFI)? What are the differences between micro-finance institutions and banks? What is the difference between non-depository corporations and non-bank financia...
NBFC vs MFI India is a huge country with a large population. Banks, despite having increased their presence have certain limitations as they cannot open branches in remote and inaccessible places. This is why to meet banking requirements of the people, there are many NBFC and MFI operating main...
SBI State Bank of India, on the other hand is a people’s bank that has won the trust and faith of millions across the country. Whereas RBI is the banker to SBI and all other banks, SBI is the banker to the average Indian. It provides all banking facilities in accordance with the ru...
NBFC vs MFI India is a huge country with a large population. Banks, despite having increased their presence have certain limitations as they cannot open branches in remote and inaccessible places. This is why to meet banking requirements of the people, there are many NBFC and MFI operating main...