Vijay Chandok

Somnath Mukherjee, CIO & Senior Managing Partner at ASK Private Wealth, in a moneycontrol.com feature, delves into the Union Budget. He highlights the government's adherence to Interim Budget deficit targets, accelerated deficit reduction to 4.9% of GDP due to higher RBI dividends, and increased revenue expenditure aimed at job growth. Read the detailed feature here: https://bit.ly/4fjqSGc

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A Lender side spin to evaluating a Credit Report from Internovo Ventures. #loans #loansindia #msmeindia #msme #creditreport #credit #creditrepair #creditscore #creditscoreincrease #indirow #internovo #interface #karandesai

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Check out the interview of our MD & CEO Mr. P R Seshadri in The Hindu Business Line. #SIB #SouthIndianBank #CEO #Interview #TrustmeetsTechsince1929

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#VM_view - from the writer’s desk - sample chapter - why government borrowing is not a concern (Not a promotional content but inputs on how market generally behaves at events) Budget has just gone by a fortnight ago and we are staring at a recession in US suddenly Before I’m trolled with charge of promoting the content let me make it clear - the selective group of readers for whom the book was written have already read it and I’m left with no more copies to distribute. If anyone wants now only Amazon ebook is there Since there is limited fictional content on markets - though the legendary mortgage banker has written a few (I guess 9) in backdrop of retail banking - I try to share the snippets mainly to promote market and make people aware that a lot goes in policy formulation - even beyond what we can imagine Read through what was going through minds of policy makers at onset of new millennium, on July 20, Y2K and then at the time of Lehman As I say I don’t need to promote, if you read the chapter you will do the needful on my behalf Enjoy the Sunday read Regards VM https://lnkd.in/dHMg6GNC

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Find the opportunity to invest in both large-cap and mid-cap stocks with Kotak Equity Opportunities Fund. Watch this video to learn how the fund operates and gives you a diversified portfolio. Invest now: https://lnkd.in/dM6_4kuz #EquityOpportunitiesFund #Investment #Invest #MutualFundSahiHai #KotakEquityOpportunitiesFund 

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Pls register yourself for getting the inputs from DGFT Seniors.

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https://lnkd.in/d-N-YEcd Do you see a rate cut in Oct'24? if yes, what should be the strategy of the banks to extend the fixed rate loans? in my opinion, we should load the cartel and go all out.. What is your take?

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In an interview with Anish Mondal from ET NOW, Amit Goenka, MD & CEO, Nisus Finance Services Co. Ltd. talks about while a rate cut could have been a welcome boost for the real estate market, the RBI has taken a conservative stance, considering the ongoing geopolitical climate but still the market remains strong! Despite the decision, buyer confidence and investment sentiment are still high. The Indian real estate sector continues to thrive, fueled by steady demand, evolving urbanization, and increasing affordability. Continue Reading: https://lnkd.in/gK8Xc_Xe #NisusFinance #WeAreNiFCO #RBI #RepoRate #RateCut #RealEstate

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🔥Vikas Singh 🔥Sugmya Finance 🚀🌟Fintechs and NBFCs can solve credit issues for SMEs and MSMEs, says Vikas Singh of Sugmya Finance🚀🌟 🌟🌟when it comes to obtaining loans for SMEs and MSMEs, women encounter various obstacles, said Vikas Singh, CEO & Co-founder, Sugmya Finance🌟🌟 🔥Empowering Growth: Fintechs and NBFCs like Sugmya Finance are revolutionizing access to credit for SMEs and MSMEs, fueling their growth and innovation. 🔥Breaking Barriers: By leveraging technology, Fintechs and NBFCs can simplify loan processes, making it easier for small businesses to secure the funding they need. 🔥Supporting Women Entrepreneurs: Addressing the unique challenges faced by women in obtaining loans, Sugmya Finance is committed to fostering an inclusive and supportive financial ecosystem. 🔥Driving Economic Progress: Enhanced access to credit for SMEs and MSMEs is a catalyst for economic development, job creation, and sustainable progress. ✅️Share Your Startup Story 🚀📲 https://lnkd.in/ggir3Qap ✅️visite our website🌐 https://lnkd.in/dad4nHP4 #EmpowerSMEs #InclusiveFinance #WomenInBusiness #EconomicGrowth #scoopearth

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Shachindra Nath’s non-banking financial company U GRO Capital has defied all typical growth norms. So has the founder, navigating an oft-contentious niche loan segment. However, NBFCs account for 30% of the total bank credit in India and play a critical role in credit intermediation and outreach👇 Set up in 2018 through the acquisition, recapitalisation and rebranding of the listed entity Chokhani Securities, U GRO took an unconventional route. Profitable from Day 1, it has designed and implemented a proprietary tech stack for loan underwriting and held its ground against formidable competitors. The NBFC’s profit after tax (PAT) soared to INR 119 Cr in FY24, a nearly 200% increase from INR 40 Cr in the previous financial year. 📎 To read in-depth article, click here👇 #NBFC #startups #profits #growth

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*NBFCs Diversify Funding Sources Following RBI's Risk Weight Increase* Following the Reserve Bank of India's (RBI) move to raise risk weights on bank borrowings for Non-Banking Financial Companies (NBFCs) in November 2023, NBFCs have started to diversify their funding avenues and reduce their dependence on bank loans. This regulatory change, aimed at managing potential risks, has encouraged NBFCs to seek alternative sources of capital, promoting more secure and sustainable financial practices. Upper-layer NBFCs have responded by leaning heavily on secured funding options, accounting for 85.8% of their total borrowings, while middle-layer NBFCs have had to rely on more costly, unsecured sources. Despite a reduction in bank borrowing, banks remain a significant funding channel, primarily through debentures and commercial paper issuance. This strategic shift demonstrates NBFCs' resilience as they adapt to evolving regulatory frameworks, focusing on building a more stable financial future through diverse funding models. Read this article on Business Standard: https://lnkd.in/gxMfYwWU #NBFC #RBI #FinancialDiversification #CorporateFinance #IndiaEconomy #SecuredFunding

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