The SARFAESI Act (Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act) is a powerful legal tool that enables NBFCs to recover bad loans without lengthy court proceedings.
Who Can Use It?
NBFCs with an ...
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The fintech industry is witnessing rapid growth and innovation, with companies continuously seeking new avenues to expand their reach and improve their service offerings. One significant trend that has emerged is the acquisition of Non-Banking Financ...
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Introduction
The financial technology (fintech) sector has been experiencing unprecedented growth, with companies continually seeking innovative ways to expand their reach and enhance their offerings. One significant trend is the acquisition of no...
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Imagine being able to withdraw cash from an ATM without using your card or deposit cash using only your smartphone. Thanks to the efforts of the National Payments Corporation of India (NPCI) and the Reserve Bank of India (RBI), this is now possible w...