Quality education forms the bedrock of sustainable development of any country. As India gears to become the workforce powerhouse of the world, enabling structures need to be put in place that ensures world class education for all in the country. Every Indian youth has a right to the best in education. And lack of funds must be the last hindrance to this dream. Avanse Financial Services, a Non-Banking Finance Company (NBFC), regulated by the Reserve Bank of India and envisioned with the aim to fulfill the need for education finance at reasonable terms. Avanse is an extract of the French word for advance. And that’s what Avanse, a new age education finance company. ……………
Over the last few years, the role of Non Bank Finance Companies in India has only been increasing in reaching out to and servicing the hundreds of millions of unbanked and difficult to reach...
The changing economical ways of financial establishments are giving a new shape to India’s financial situations. MFI plays a vital role in the core development of infrastructure, transport, wealth creation opportunities, employment generation, and...
In the present economic system of India, Non-Banking Financial Companies have a significant role in providing accessible and affordable financial services. Because of the consistent neglect by the banks of non-salaried Professionals, individuals, traders, transporters...
“Poverty is not just a lack of money, it is not having the capability to realize one’s full potential as a human being”- Amartya Sen In the present economic system of India, Non-Banking Financial Companies...
NBFCs over the years have played a vital role in the development of the economy, be it in financial intermediation in rural and semi-urban areas or financing activities that are engines of growth, such...
Shikhar came into being with a vision to build an organization to cater to the people who, due to their social location, did not have access to resources and institutions to fulfill their needs...
The Non-Banking Financial Companies (NBFC’s) and Microfinance Institutions (MFI) in India plays a pivotal role in driving the inclusive growth of the country. Independent researchers suggest that with forty-seven million borrowers and around fifteen...
CXO Standpoint
(Understanding of Notice, Penalty, Late fees and Interest on TDS for Purchase of Immovable Property) - Abhishek Ranjan Singh As per Finance Act of 2013, TDS is applicable on transfer of Immovable property, wherein the consideration...
Over the last year and a half, the financial technology ecosystem has emerged as one of the hottest sectors in India’s internet play. With funding pouring in, even global players like Google and Whatsapp...
Chalk Talk
In the present economic system, Non-Banking Financial Companies are playing a significant role in providing accessible and affordable financial services. The NBFCs are becoming a vital player in financial inclusions indirectly boosting the economy....
Editors View
India is a country where procuring a loan, is a process which is not just confined to the boundaries of a bank. Banks with all their corporate glamour and credit rating criteria may intimidate...
The Economic Stature
As per the survey reads India is the second largest populated country in the world. The population consists of rural and urban parts of the country. According to the Census conducted in 2011, nearly...
