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GetVantage, an alternative financing fintech platform has secured a non-banking financial company (NBFC) licence from the Reserve Bank of India (RBI), and its NBFC arm GetGrowth Capital would run the lending operations. GetVantage, which is backed by investors including Chiratae Ventures, Varanium, InCred, DMI, and Japanese investors like Sony and DI, will capitalise the NBFC with ₹50 crore and aims to raise ₹200 crore in total to scale up its lending operations.
What are the prudential exposure limits for UCBs for a group of connected borrowers/parties?
The entity willing to act as a Qualified Supplied-Limited Purpose Trading Member (QS-LPTM) on a Bullion Exchange shall be required to have net worth of...
Where an application is made by the transferor alone and relates to partly paid shares, the transfer shall not be registered, unless the company gives t...
Which of the following publishes the World Investment Report?
Which of the following will render this process ineffective?
How many digits are there in MMID issued by the bank upon registration?
The global smartphone market is dominated by a few major players like Apple, Samsung, and a few Chinese brands. These companies engage in intense compet...
Firm's Cost of Capital is the average cost of:
MGNREGA legally-backs guarantee for any rural adult to get work within _____of demanding it.
Which corporate restructuring strategy refers to the separation of a business unit or division from its parent company, creating an independent entity w...
