A set of all financial arrangements that are made available by Housing Finance Companies (HFCs) to meet the requirements of housing is called ‘housing finance’. Indian housing industry is the second largest employment generator next to agriculture. The industry grows at t…
Read moreAccording to Hire Purchase Act 1972, the term ‘Hire Purchase’ means an agreement under which goods are let on hire and under which the hirer has an option to purchase them in accordance with the terms of the agreement, and includes an agreement under which: Possession …
Read moreIt is a financial arrangement that provides a firm with the advantage of using an asset without owning it. It is an agreement where by the Lessor conveys to the Lessee, in turn for rent, the right to use an asset for an agreed period of time. Lessor is a person who convey…
Read moreLiberalisation and deregulation of the financial sector, the greater use of financial engineering techniques and models, significant advances in information technology, fast growing integration of financial services and consumer demands have all resulted in greater compet…
Read moreFinancial services refers to services provided by the financial institutions in a financial system. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are Asset Management Companies like leasing comp…
Read moreThe financial system of every economy consists of various constituents such as 1) Financial Institutions 2) Financial Companies 3) Financial Markets 4) Financial Instruments 5) Financial Services 6) Financial regulations The financial market in India comprised of capital market and mo…
Read moreThe last BRICS conference held in New Delhi, will become as milestone in the history of world. this conference take decision about to start BRICS bank. India's proposal to set up a bank of the BRICS nations (Brazil, Russia, India, China and South Africa) will top the agenda at the …
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