Banking Institutions

Commercial development finance for renovation projects can be in a form of refurbishment loans. This is the territory covered by Young Company Finance – we track and write about early stage companies with high growth potential, which have had or intend to look for external investment by business angels or VCs to help them realise their ambitions.

It has been suggested that with a view to accord some freedom and flexibility of operations to Companies, specially when public funds are not involved, the above definition may be amended to limit the applicability only to : (a) Companies where the equity shares or any security convertible into equity shares are listed; or (b) companies where the debt instruments are listed, having been issued to public at large.

Reconstruction Finance Corporation (RFC), former U.S. government agency, created in 1932 by the administration of Herbert Hoover. Today’s rule extends that supervision to any …

Banking Institutions (2)

Whether it’s buying a car, paying medical bills or purchasing furniture, if you’ve had to finance one of life’s big-ticket items, you’ve probably been offered the chance to take out a loan from a finance company. The Standing Committee has sought to revert to its previous position, which is to make the CSR spending mandatory, by including the words shall ensureā€ in clause 135(5) of the Bill that requires companies to spend 2{606b15cb8282e5ec3580d0e72c193589ece6551be175750a8e347f0d91362e12} of the average profits for the previous 3 years in pursuance of their CSR policy.

For filling up senior positions at their outsourcing hubs, outsourcing firms prefer to recruit people having two to three years of experience with banks, financial services firms, finance-related BPOs or with the corporate finance departments of companies.

For regulatory purposes, NBFCs have been classified into the 3 broad categories, (a) those accepting public deposits; (b) those not accepting public deposits but engaged …