An ideal NBFC business plan should mention the vision and mission of the NBFC in a summarised form for the proper understanding of the creditors and investors. Description of the Company Next, the management of the NBFC must mention the full description of the company's geographical locations ...
interest (RoI) of the product. Furthermore, the actual discount is not provided by the bank/NBFC, but by the merchant as a part of the merchant’s customer acquisition strategy. As a regulated entity, the lender is expected to ensure full and transparent disclosure of these benefits to ...
An NBFC-CIC holds at least 90% of its assets through investments in equities, bonds, or loan group companies. 60% of the 90% should be invested in equity shares or securities that automatically convert to equity shares within ten years after the date of issuance. Companies of this category...
Monthly Finance Easy Finance (Monthly) handles loans with monthly/daily based interest. Enables user to manage loan docs, and track the loans against security type. Provides profit & Loss statement and balance sheet. Chit Fund Management Easy Chit is a full-featured application software for managin...
Now, a new era has begun which is called ‘LITIGAL’, a unique form of Legal + Digital. We adopted it at a very fast pace through Credgenics and implemented the way of legal in Digital.This will definitely set up a new precedent in IIFL Finance while we move forward with a 100% ...