Friday, September 20, 2024
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NSE stated that migration will require a net worth of at least Rs 50 crore, positive cash accruals for the last three financial years, and positive profit after tax in the current financial year

The Non Banking Financial Companies aka NBFCs have emerged as a crucial source of credit for small and medium-sized enterprises (SMEs), micro-enterprises and the informal sector in India as they have filled the gap left by traditional banks, which have been...