6. If there is any disagreement between the two parties, the escrow account in India will move to dispute resolution. The outcome process of the dispute resolution decides what to do with the escrow funds However, if you are aco-lending player (NBFC or fintech), you can directly integrate ...
How many people want to use online financial planing services in India? What's an estimate of the market size of this business? Financial Planning: This is the process of calculating the money required and determining how to it will be used in...
EY worked closely to understand the potential risks of the NBFC’s association with debt recovery agencies that were not aligned with the company’s ethos. These parameters were then embedded into the solution to flag off dubious third parties right in the initial stages...
(FLDG) models, where the LSP offers a first loss guarantee up to a certain percentage of the loan, allowed it to bear some of the risk. These practices, which the RBI describes as akin to a ‘rent-an-NBFC’ model, present a challenge around monitoring unregistered and informal lending ...
Overall, to work as a credit manager, one needs to develop and implement credit policies and procedures for the organisation. Quick Facts for Credit Manager Industry Finance Average Salary in India ₹65500 Suitable for Male, Female, Others An individual can take up a career as a ...
2. Research:With a wide range of two-wheeler loan choices available in the Indian market today, it becomes difficult to choose the best. Understand the benefits provided and eligibility terms set by a lender. Compare a few banks and NBFCs, and then select the one which suits your needs an...
They have completed our NBFC registration order within stipulated time period of 90 days. They provide constant guidance and support in the process. Their support in building fintech software is amazing.” Manisha Mantri “I chose Enterslice to start my new Indian adventure as entrepreneur, and ...
Under such circumstances, students who have already availed of a study loan for abroad education will have to request their lending banks regarding the change in the name of the country/course/university. The lending banks/NBFCs will make the necessary changes in the education loan sanction ...
The Ministry of Corporate Affairs has exempted certain class of government companies that are notified as public financial institution under the Companies Act and those registered as Non-Banking Financial Company (NBFC) with the Reserve Bank of India (RBI), among others, from following Accounting Sta...