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Non-Banking Financial Companies renders credit services after attaining NBFC License but without a banking License. Such Companies do not depend upon deposits of Current Account Savings Account (CASA) for fundraising. CASA deposits are only applicable for banks; wherein RBI grants Licenses to banks to accept cash from the public.
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Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai, Maharashtra, India. In February 2003, the Reserve Bank of India (RBI) issued a licence to Kotak Mahindra Finance Ltd., the group's flagship company.
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The diversity is the natural law of India, and this is best seen by the appearance of its streets, where you can see in a row the huts of the poor who are located next to the villa of some rich
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2012/05/21 · On a recent visit to Pondicherry, a friend and I exchanged many chuckles about the Frenchified city’s penchant for being literal, at least when it came to business. So a café was, well, Le Café, and the club was Le Club, a store selling bags was …
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Funding in NBFC is always one of the most popular sectors for the investor. In the modern NBFC business, funding act as the major resource. NBFCs can raise funds from foreign investment.
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The Grand Canyon National Park, one of the last major national parks to stay open during the coronavirus pandemic, was ordered closed after calls for it to shutter by local officials and a native
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Most Beautiful Places to Visit in Italy 1. All roads lead to Rome. When in Rome, do as the Romans do. An important centre of culture, art and religion, Rome is a major attraction of Italy tourism and should be a place to visit in Italy.
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