which describes them as companies "predominantly engaged in a financial activity" when more than 85% of their consolidated annual gross revenues or consolidated assets are financial in nature.1Examples of NBFCs include investment banks, mortgage lenders, money market funds...
Examining Systemic Risk using Google PageRank Algorithm: An Application to Indian Non-Bank Financial Companies (NBFCs) Crisis 2022, International Journal of Mathematical, Engineering and Management Sciences 1 The authors would like to thank Brett Cuthbertson and Patrick Drake-Brockman for their invaluable...
Financial management also involves assessing the money a company requires and its spending patterns. This includes assets, advertising expenses, reserves, and profitability considerations for stability. 4. Formulation of Policies Financial management helps businesses establish guidelines for smooth operations. ...
For mutual funds, the FMV is often used interchangeably with the Net Asset Value (NAV). Net Asset Value of a mutual fund is the market price of a mutual fund unit. Investors can buy and sell mutual funds at the NAV. A mutual fund’s NAV is the difference between the total assets and...
Wealth tax is levied on the total value of your personal assets – real estate, financial securities, Bank Deposits, pension plans, etc. In India, wealth tax is levied at 1% of the net wealth in excess of Rs 30 lakh. It is levied on individuals, Hindu Undivided Families, and companies....
Firms who wish to obtain short-term secured loans generally have two major current assets available as collateral in the form of what? What is net lending/net borrowing? How is it related to financial account? Explain how syndicated loans are used in international mar...
How does a bank or financial institution become part of the Yodlee Bank Feed program? How do I get a six-month savings account statement from Andhra Bank? Why is the percentage of non-performing assets (NPA) more in PSBs than the private banks? What step...
Which are the banks/financial institutions that give 100% loan funding for home loans in India? Credit Nation: What is the action a bank can take if you can t pay your EMI of personal loans? you're in need of some money fast, and rather than ask your folks for help, you've decided...
The Reserve Bank of India (RBI) is planning a prompt corrective action (PCA) framework and a different supervisory system for non-banking financial companies (NBFCs) by 2022. ... This means NBFCs will have to strictly meet benchmarks on capital requirement, non-performing assets (NPAs), an...
8. Is FD 100% safe? Ans. Fixed Deposits are deemed safe as they are backed by banks or financial institutions. 9. What is the minimum amount for FD? Ans. The minimum investment amount required to open a Fixed Deposit account in a regular bank is Rs 5,000. ...