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Retail banking is a highly competitive environment, every bank/ nbfc/ financial institution is more focused on its growth in business by not only the new acquisition of customers but as well in the retention of existing customers, expansion and increase in market share. Bank/ NBFC/ Financial institutions have to control the rising negligence of the …
Financial Inclusion of every citizen is the main reason to introduce small bank and payment bank in Indian Banking Industry by RBI. By the help of Small banks and Payment banks, we can easily achieve complete financial inclusion and can help to all the citizens of India to contribute in the main stream of Indian …
These days when media is playing a pivotal role in creating awareness of the present financial market, we still need some more facts and information to get clarity between Banks and NBFC’s. While banks and non-banking financial companies (NBFC) both are key financial intermediaries that offer similar services to the customers. The major difference between NBFC …
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 …