by Team Spectrum Books | Feb 22, 2022 | Financial Market
To improve the flow of credit to the unserved and underserved sections of the economy, in September 2018, the Reserve Bank of India (RBI) had put in place a framework for ‘Co-origination of loans’ by banks and non-banking financial companies (NBFCs). It will also ease...
by Team Spectrum Books | Feb 22, 2022 | Financial Market
Context In December 2021, several companies, including IIFL Home Finance, Indiabulls Housing Finance, Edelweiss Financial Services, and BlackSoil Capital (in January 2022) announced public issues to raise funds through non-convertible debentures (NCDs). These NCDs...
by Team Spectrum Books | Jan 10, 2022 | Financial Market
India has an estimated 98.5 crore credit and debit cards, which are used for about 1.5 crore daily transactions worth Rs 4,000 crore, according to data available from a Confederation of Indian Industry (CII) seminar. As per the annual report of the Reserve Bank of...
