Search results
Results from the WOW.Com Content Network
Non-Banking Financial Company (NBFC) is [1] a company registered under the Companies Act, 1956 of India, engaged in the business of loans and advances, acquisition of shares, stock, bonds, hire-purchase insurance business or chit-fund business, but does not include any institution whose principal business is that of agriculture, industrial activity, purchase or sale of any goods (other than ...
Bharat Financial Inclusion Limited (formerly known as SKS Microfinance Limited) or BFIL is a banking & finance company (NBFC), licensed by the Reserve Bank of India.It was founded in 1997 by Vikram Akula, who served as its executive chair until working. [3]
It is under the jurisdiction of Ministry of Finance, Government of India headquartered at Lucknow and having its offices all over the country. SIDBI was established on April 2, 1990, by Government of India, as a wholly owned subsidiary of IDBI Bank. It was delinked from IDBI w.e.f. March 27, 2000.
Bihar State Electronics Development Corporation Ltd. (BELTRON) is a Government of Bihar undertaking. [5] BELTRON is an executive wing of the state IT department and handles Government of Bihar's technological needs. It works to promote the electronics hardware manufacturing and IT industry and provide high
Entire recruitment to the service is made on the basis of an annual competitive examination conducted by Bihar Public Service Commission called BAS officers. There is no provision for entry into BAS through promotion from Circle Officers of Bihar Revenue Service (BRS) unlike in most states where Tehsildar and equivalent revenue officers are promoted into their state administrative service.
The Microfinance Institutions Network was created to promote microfinance.The network promotes responsible lending, client protection, good governance and a supportive regulatory environment.
The importance of institutional credit in boosting rural economy has been clear to the Government of India right from its early stages of planning. Therefore, the Reserve Bank of India (RBI) at the insistence of the Government of India, constituted a Committee to Review the Arrangements For Institutional Credit for Agriculture and Rural ...
MUDRA would partner with Banks, MFIs and other lending institutions at state level / regional level to provide micro finance support to the micro enterprise sector in the country. The bank will classify its clients into three categories and the maximum allowed loan sums will be based on the category: [ 5 ]