Microfinance in India has been rapidly expanding as a viable financial service due to the emergence of Microfinance NBFCs, the growth of self-help groups business by Public Sector Banks and the implem...
If you explore details about the banking system in India, then you might come across terms such as “scheduled banks and non-scheduled banks”. In this article, we will explain these two terms in simple...
In today’s fast-paced world, loans have become a native part of our lives. All big purchases are usually done by arranging money through a loan like a home loan, personal loan, car loan, etc. Broadly,...
The financial sector of India has been touching newer heights with every passing day. There are several reasons behind the level including a rise in per capita income, stable government, relaxed gover...
Foreign banks bring crucial international expertise and capital to India’s BFSI industry, benefiting the country’s economic growth. The foreign direct investment they bring plays a significant role in...
In recent years, India's banking landscape has undergone a significant transformation with the advent of payment banks. These specialised institutions are tailored to meet the diverse financial needs...
In the dynamic landscape of the Indian banking sector, government-owned banks hold a significant position. These institutions, backed by the government, play a pivotal role in providing financial serv...
Peer-to-peer lending, or P2P lending, offers a way for individuals to borrow and lend money without involving traditional financial institutions like banks. This direct connection through the P2P plat...
Small Finance Banks aim to empower marginalized groups in society, including small businesses, marginal farmers, micro and small enterprises, as well as unorganized sectors, by providing them with acc...
The role of cooperative banks in a rapidly growing nation like India is of crucial importance. The cooperative banking sector has played a key role in uplifting the socio-economically needful strata o...