In India’s financial pulse, Non-Banking Financial Companies (NBFCs) — Micro Finance Institutions (MFIs) are key factors for development. NBFCs are entities that provide similar services to banks but do not hold a banking license, for instance, engaged in the business of loans and advances, acquisition of shares/debenture/securities, leasing, hire-purchase, insurance, and more. Illustration by The Geostrata It has emerged as a vast source of financing for individuals as well a

"Capital account convertibility is not an event but a process": RBI Governor Shaktikanta Das WHAT IS A CAPITAL ACCOUNT? The balance of...

Digitization has been one of the priority agendas of the G20 during Indonesian Presidency, which is expected to be further sustained by...

It might be surprising for some people to learn that India's sovereign bonds, also known as G-Secs, are not listed on the global bond...