NBFC - Non Banking Financial Company/ Non Banking Financial Corporation are companies registered under the Companies Act, 1956
Engaged in the business of
- loans and advances
-acquisition of shares
-stocks
-bonds
-debentures
-securities
but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities) or providing any services and sale/purchase/construction of immovable property
This is the most comprehensive presentation on Indian Banking System. It starts with an introduction to the Financial system and role banks plays as Financial Intermediary. Post this the presentation touches on basic of banking like CRR SLR CASE and then money market and instrument cover. There is a comprehensive section of the evolution of Indian Banking system from pre-independence to 2018 in may phases. There is a dedicated section on the structure of Indian Banking system like PSU, Private & Foreign banks, Payment Banks, Small Finance Banks, NBFI, NBFC, AIFI, Co-operative segment. The presentation ends with current banking data as 2018 capturing the growth Deposit, Credit, Interest income & other income for Indian Banks.
Note:
Pls, reach to me on a.v.deshmukh@gmail.com if you wish to host a presentation on this.
Know about NBFC stands for Non-Banking Financial CompanyNarendra Pratap
NBFC stands for Non-Banking Financial Company. It is a financial institution registered under the Companies Act of 1956 that operates similar to a bank but does not hold a banking license. They are also referred to as NBFIs or Non-Banking Financial Institutions.
Chapter 1 Indian banking introduction newNayan Vaghela
Meaning & Definition of Bank, Portfolio Management, Role of Banking Sector in Economic Development, Constituents of Banking System in India, Functional Classification of Banks
The webinar will provide enriching insights of Credit appraisal, why it is required and the advantages of the same. The key areas of elucidation will include banker's preference for credit appraisal, traditional method Vs current trends, understanding various business models. The discussion shall also include the role of Chartered Accountants in credit appraisal, the edge CA's have over others and also the added advantages it brings in to their professional practise.
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 2013 or 1956 carrying on the business listed under Section 45 I (c ) of the RBI Act, 1934, i.e.
This is the most comprehensive presentation on Indian Banking System. It starts with an introduction to the Financial system and role banks plays as Financial Intermediary. Post this the presentation touches on basic of banking like CRR SLR CASE and then money market and instrument cover. There is a comprehensive section of the evolution of Indian Banking system from pre-independence to 2018 in may phases. There is a dedicated section on the structure of Indian Banking system like PSU, Private & Foreign banks, Payment Banks, Small Finance Banks, NBFI, NBFC, AIFI, Co-operative segment. The presentation ends with current banking data as 2018 capturing the growth Deposit, Credit, Interest income & other income for Indian Banks.
Note:
Pls, reach to me on a.v.deshmukh@gmail.com if you wish to host a presentation on this.
Know about NBFC stands for Non-Banking Financial CompanyNarendra Pratap
NBFC stands for Non-Banking Financial Company. It is a financial institution registered under the Companies Act of 1956 that operates similar to a bank but does not hold a banking license. They are also referred to as NBFIs or Non-Banking Financial Institutions.
Chapter 1 Indian banking introduction newNayan Vaghela
Meaning & Definition of Bank, Portfolio Management, Role of Banking Sector in Economic Development, Constituents of Banking System in India, Functional Classification of Banks
The webinar will provide enriching insights of Credit appraisal, why it is required and the advantages of the same. The key areas of elucidation will include banker's preference for credit appraisal, traditional method Vs current trends, understanding various business models. The discussion shall also include the role of Chartered Accountants in credit appraisal, the edge CA's have over others and also the added advantages it brings in to their professional practise.
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 2013 or 1956 carrying on the business listed under Section 45 I (c ) of the RBI Act, 1934, i.e.
Non Banking Financing Companies PresentationAnkur Aggarwal
Non-bank financial companies ( NBFCs ) are financial institutions that provide banking services without meeting the legal definition of a bank, i.e. one that does not hold a banking license. These institutions typically are restricted from taking deposits from the public depending on the jurisdiction. Nonetheless, operations of these institutions are often still covered under a country's banking regulations.
In India, there is a total of 10,190 operating non- banking financial companies as at September end 2018. Out of this 10,190, more than 95 per cent (10,082) are non- deposit taking NBFCs.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
2. A Non-Banking Financial Company (NBFC) is
• A company registered under the Companies Act, 1956
• Engaged in the business of
- loans and advances
-acquisition of shares
-stocks
-bonds
-debentures
-securities
but does not include any institution whose principal business is that of agriculture
activity, industrial activity, purchase or sale of any goods (other than securities) or
providing any services and sale/purchase/construction of immovable property
3. How NBFCs are differ from Banks ?
• NBFC cannot accept demand deposits
• NBFCs do not form part of the payment and settlement system and
cannot issue cheques drawn on itself
• Deposit insurance facility of Deposit Insurance and Credit Guarantee
Corporation is not available to depositors of NBFCs, unlike in case of
banks.
• Scope of business of the bank is limited by sec 16(1) of BR Act but
there is no bar on NBFC carrying activity other then financial activity.
• Up to 74% is allowed to private sector bank but in NBFCs 100% is
allowed.
4. Regulations
• It is mandatory that every NBFC should be registered with RBI to
commence or carry on any business of non-banking financial
institution.
• Should have a minimum net owned fund of Rs 25 lakh (raised to Rs
200 lakh wef April 21, 1999).
• NBFC have to maintain 10 and 15 per cent of their deposits in liquid
assets effectively from January 1 and April 1,1998, respectively.
• All NBFCs are not entitled to accept public deposits. Only those NBFCs
holding a valid Certificate of Registration with authorization to accept
Public Deposits can accept/hold public deposits.
5. Regulations
• They have to create reserve fund and transfer not less than 20 per cent of
their net deposits to it every year.
• The NBFCs are allowed to accept/renew public deposits for a minimum
period of 12 months and maximum period of 60 months. They cannot
accept deposits repayable on demand.
• NBFCs cannot offer interest rates higher than the ceiling rate prescribed by
RBI from time to time. The present ceiling is 11 per cent per annum.
• They have to obtain a minimum credit rating from anyone of the three
credit rating agencies.
• NBFCs cannot offer gifts/incentives or any other additional benefit to the
depositors.
6. Role of NBFCs
• Development of sectors like Transport & Infrastructure
• Substantial employment generation
• Help & increase wealth creation
• Broad base economic development
• Major thrust on semi-urban, rural areas & first time buyers / user.
• To finance economically weaker sections
7. Categories of NBFC
• Asset Finance Company (AFC)
• Investment Company (IC)
• Loan Company (LC)
• Infrastructure Finance Company (IFC)
• Systematically Important Core Investment Company (CIC-ND-SI)
• Infrastructure Debt Fund: Non- Banking Financial Company (IDF-NBFC)
• Non-Banking Financial Company - Micro Finance Institution (NBFC-MFI)
• Non-Banking Financial Company – Factors (NBFC-Factors)
8. Asset Finance Company (AFC):
An AFC is a company which is a financial institution carrying on as its
principal business the financing of physical assets supporting
productive/economic activity, such as automobiles, tractors, lathe
machines, generator sets, earth moving and material handling
equipments, moving on own power and general purpose industrial
machines. Principal business for this purpose is defined as aggregate of
financing real/physical assets supporting economic activity and income
arising therefrom is not less than 60% of its total assets and total
income respectively.
9. Investment Company (IC)
IC means any company which is a financial institution carrying on as its
principal business the acquisition of securities
10. Loan Company (LC)
LC means any company which is a financial institution carrying on as its
principal business the providing of finance whether by making loans or
advances or otherwise for any activity other than its own but does not
include an Asset Finance Company.
11. Infrastructure Finance Company (IFC)
IFC is a non-banking finance company a) which deploys at least 75 per
cent of its total assets in infrastructure loans, b) has a minimum Net
Owned Funds of Rs. 300 crore, c) has a minimum credit rating of ‘A ‘or
equivalent d) and a CRAR of 15%.
12. Systematically Important Core Investment
Company (CIC-ND-SI)
CIC-ND-SI is an NBFC carrying on the business of acquisition of shares and securities which satisfies
the following conditions:-
• It holds not less than 90% of its Total Assets in the form of investment in equity shares,
preference shares, debt or loans in group companies.
• Its investments in the equity shares (including instruments compulsorily convertible into equity
shares within a period not exceeding 10 years from the date of issue) in group companies
constitutes not less than 60% of its Total Assets.
• It does not trade in its investments in shares, debt or loans in group companies except through
block sale for the purpose of dilution or disinvestment.
• It does not carry on any other financial activity referred to in Section 45I(c) and 45I(f) of the RBI
act, 1934 except investment in bank deposits, money market instruments, government securities,
loans to and investments in debt issuances of group companies or guarantees issued on behalf of
group companies.
• Its asset size is Rs 100 crore or above
• It accepts public funds
13. Infrastructure Debt Fund: Non- Banking
Financial Company (IDF-NBFC)
IDF-NBFC is a company registered as NBFC to facilitate the flow of long
term debt into infrastructure projects. IDF-NBFC raise resources
through issue of Rupee or Dollar denominated bonds of minimum 5
year maturity. Only Infrastructure Finanace Companies (IFC) can
sponsor IDF-NBFCs.
14. Non-Banking Financial Company - Micro
Finance Institution (NBFC-MFI)
NBFC-MFI is a non-deposit taking NBFC having not less than 85% of its assets in the nature of
qualifying assets which satisfy the following criteria:
• Loan disbursed by an NBFC-MFI to a borrower with a rural household annual income not
exceeding Rs. 60,000 or urban and semi-urban household income not exceeding Rs. 1,20,000.
• Loan amount does not exceed Rs. 35,000 in the first cycle and Rs. 50,000 in subsequent cycles.
• Total indebtedness of the borrower does not exceed Rs. 50,000.
• Tenure of the loan not to be less than 24 months for loan amount in excess of Rs. 15,000 with
prepayment without penalty.
• Loan to be extended without collateral.
• Aggregate amount of loans, given for income generation, is not less than 75 per cent of the total
loans given by the MFIs.
• Loan is repayable on weekly, fortnightly or monthly installments at the choice of the borrower
15. Non-Banking Financial Company – Factors
(NBFC-Factors)
NBFC-Factor is a non-deposit taking NBFC engaged in the principal
business of factoring. The financial assets in the factoring business
should constitute at least 75 percent of its total assets and its income
derived from factoring business should not be less than 75 percent of
its gross income