Finance

Why Lending-as-a-Service is the Future for Small Businesses

Companies can raise capital in a variety of ways. To keep growth increasing, many startups and smaller ventures go to the bank for a loan. Lines of credit, venture capital, angel investing and other methods exist as well, but a straightforward loan has always had the biggest advantages for a young company. Since 2008, the lending industry was forced to ... Read More »

Call for Papers: GNLU International Conference on Banking and Finance

GNLU Centre for banking and Financial Laws is a Centre for excellence to promote research interest in Banking and Financial Laws. Its aim to sharpen financial and legal acumen of the stakeholders by advancing academic theories to develop new insights into opportunities existing in financial sector and challenges facing the financial institution Dates:17th – 18th March, 2017 Venue: GNLU Gandhinagar Theme: ... Read More »

Does ‘Following a Herd’ Mentality Help While Buying New Stocks?

One of the most recent financial events would be the dot com bust. However, this was not the first time that such events have occurred and neither would it be the last. You must wonder how such catastrophes occur again and again. The answer is simple; herd mentality. It is a human trait where individuals mimic the actions of larger ... Read More »

MHA gives more finance powers to DGs of CRPF, BSF, NIA

HIGHLIGHTS The chiefs have been empowered to spend up to Rs 15 crore for executing major projects The major projects include construction of buildings, purchase of vehicles besides others Earlier, the ministry gave financial powers to the joint secretaries NEW DELHI: Chiefs of central armed police forces like CRPF and BSF and other central agencies have been empowered to spend up to Rs 15 ... Read More »

Reliance Capital shares fall 17% as home finance business demerged

Reliance Capital shares fell more than 17 percent in opening trade Tuesday due to hiving off home finance business. Today is the ex-date for demerger and the record date for the same is fixed as September 6, which means person who holds shares of Reliance Capital on September 6 will get shares of Reliance Home Finance. Reliance Capital shareholders will receive ... Read More »

Plan your finances for different life stages

Financial planning holds utmost importance in one’s life and it is important to carefully manage one’s finances to secure one’s present and future. During one’s lifetime, there will be a lot of events – education, job, marriage, children, and retirement that can affect the financial plans. It is important to stay prepared for such situations than becoming worried at the ... Read More »

Rural Financial Inclusion: Small Finance Banks Could Pick up Where Public Sector Banks Left Off

Microfinance institutions lend at between 20% and 26% and are able to get all their money back with negligible non-performing assets. Credit: Reuters A fundamental change is taking place in Indian banking which has the potential to become as dramatic as bank nationalisation. The process is understood, but its likely impact is not. Hence the issue is missing from headlines. ... Read More »

Srei Equipment Finance to raise Rs 2,000 cr through IPO

Srei Equipment Finance (SEF), wholly-owned subsidiary of Srei Infrastructure Finance, plans an initial public offer (IPO) of equity, to result in dilution of up to 25 per cent of the post-issue paid-up equity capital share. The company expects to raise Rs 1,800-2,200 crore through the IPO, expected to hit the market in the last quarter of this financial year. The proceeds would ... Read More »

What is Purchase Order Financing and is It Right for Your Business?

You just got a big order but your inventory of supplies is down. No need to worry about losing the business. Purchase order financing can set you up with the supplies and inventory you’ll need to start that new job.  Small Business Trends interviewed Taylor Haddix, Funding Specialist at Segway Financial, LLC, to learn more about this financial tool. “Purchase order ... Read More »

M&M Financial Services buys part of Aye Finance portfolio under a securitisation deal

Mahindra & Mahindra Financial Services has bought a part of Aye Finance’s, non-banking finance company (NBFC) licensed by RBI, portfolio under a securitisation deal. The financial terms of the deal were not disclosed. Through this deal, which was facilitated by IFMR Capital, Aye has further diversified its funding sources, having raised money last year through equity and more recently through ... Read More »