Even so, critics are troubled by NBFCs' lack of accountability to regulators and their ability to operate outside the customary banking rules and regulations.78In some cases, they may face oversight by other authorities— such as the Federal Trade Commission (FTC), the Securities and Exchange C...
Just like any other business, the goal of a bank is to earn a profit for its owners. For most banks, the owners are theirshareholders. Banks do this by charging more interest on the loans and other debt they issue to borrowers than they pay to people who use their savings vehicles. Fo...
Bank Accounts: How do I know whether my bank account is linked to my Aadhaar card or not? How does an online discount brokerage firm operate? How could you start one from scratch? Do they ever engage in market making? How do commercial banks spot and contro...
It has tie-ups with more than 34 banks. For instance, its product CRED Stash provides its users cheap credit in partnership with the IDFC bank. Moreover, P2P lending has been facilitated through collaboration with Liquiloans; an RBI registered NBFC. It facilitates payments through the Axis Bank...
Which NBFCs/banks offers secured loan? As an international student (F1 Visa) how do I evaluate local credit unions for an auto loan? Where can you get an interest free loan in India? I want business loan of 10 lakhs INR but I don't have anything to give as security. How to get a...
Switching over to the urban echelons, the AA framework is designed to streamline the sharing of financial data among various financial institutions, including banks, non-bank financial companies (NBFCs) and other regulated entities. This sharing is facilitated by accoun...
How do I complain against a Tata Capital or any other financial institution in India?Indian financial institutionsFinancial institutions in India include banks. NBFCs, brokerage firms, consultants etc. Financial institutions in India could either be private entities or public sector e...
How responsible are auditors in the increasing NPAs and corruption in banks like PNB and NBFCs like IL&FS? Is China really facing a banking crisis? What are its origins? Why did Fed make loans to non-depository institutions during the recent fin...
Is working in an NBFC good compared to working in banks? I am presently working with IDBI Bank as a credit manager and got a job opportunity in an NBFC. How can I know my account balance (SBI bank) without going to ATM? 7004 972038 What preparation do I need to do to land a...
Which NBFCs/banks offers secured loan? How would a foreign e-commerce company accept payments from Indian customers who do not have credit cards or bank accounts? What are examples of financial intermediaries? A) Commercial banks B) Insurance companies C) Investment ...