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Here one can easily get confused with the word pillar being used for the financial industry. Basically financial industry is like a skyscraper building that needs support to stand still and work efficiently. The financial industry has many facets that require different specializations to work. But here, we are discussing financial industry in terms of …
Financial sector in India is a diversified sector which is growing day by day both in terms of new emerging entities and strong growth of existing financial servicing firms. The financial sector includes commercial banks, NBFC’s, insurance companies, co-operatives, pension funds and many other small financial companies. The financial sector in India mainly includes the …
Personal loans are like a sigh of relief in the times of need. After all it helps when you don’t have any money stacked in your savings, even when your friends or family are unable to help you. We are not left with any other option except than borrowing. Personal loan lends us money without …
It seems to be quite exciting when the Bank/ NBFC say that you loan amount has been granted and especially for Business Loan. Business loan seems to be a great option to expand an office space, buying new machinery, recruit more people or manage day to day expenses. Whether you opt for a traditional bank …
The reference rate is a benchmark upon which interest rates for financial operations are set. On the basis of reference rates banks and financial institutions decided their lending rates for different financial products considering the credit worthiness of the customer. The reference rates differ for every bank and financial institution and is directly relative to the repo rate which …