#about muthoot finance

[typograpic]

Elizabeth Holmes seeks leniency for her Theranos fraud by arguing she’s someone ‘who tries to do the right thing’ and has few future prospects

Elizabeth Holmes seeks leniency for her Theranos fraud by arguing she’s someone ‘who tries to do the right thing’ and has few future prospects

Disgraced Theranos CEO Elizabeth Holmes is casting herself as a Silicon Valley scapegoat who overcame an abusive relationship to become a loving mother in an effort to avoid a lengthy prison sentence for duping investors in her failed blood-testing company. In an 82-page document filed late Thursday, Holmes’ lawyers tried to persuade U.S. District Judge Edward Davila that sending Holmes to…

[financemaster1]

Making Financial Transactions Effortless and Smart

From seeking quick loans to making international money transfers or even paying utility bills, these transactions have become an integral part of our routine. But what if there was a way to simplify these processes, making them not just effortless but also smart? Enter Muthoot FinCorp ONE, an all-in-one digital financial platform designed to revolutionize the way you handle your finances.

The Convenience You Deserve

At Muthoot FinCorp ONE, convenience isn’t just a promise; it's a commitment we live by. Muthoot FinCorp ONE gives you the ability to secure a Gold Loan swiftly, without any hassle, and from anywhere you prefer, be it the comfort of your home or at any of our 3600+ branches across India. With our quick doorstep service, you can have your Gold Loan sanctioned in as little as 30 minutes*. Plus, we offer competitive interest rates as low as 0.83%* per month and, as a cherry on top, a zero* processing fee. You can avail the Gold Loan at offered gold rates up to ₹4200/gm, making it a lucrative and hassle-free option for your financial needs.

Digital Gold and Beyond

We understand the importance of diversifying your portfolio, which is why we offer the opportunity to invest in Digital Gold. With an entry point as low as Re. 1, you can start your journey into gold investment, secured at 99.99% purity, and trade it at market prices, all stored safely and securely.

NCDs for a Secure Investment Future

For those seeking stability and high returns, our Non-Convertible Debentures (NCDs) present an excellent opportunity to build a robust investment portfolio. Starting with just Rs. 10,000, enjoy returns of up to 9.43%* with fast-tracked investments, high-yield, low-risk opportunities, and flexible tenure durations to suit your needs.

Simplified Forex Transactions

Navigating the complexities of foreign exchange transactions can be daunting, but not with Muthoot FinCorp ONE. Enjoy secure and reliable forex services with competitive exchange rates and guaranteed 24-hour* transfers. We also provide a buy-back guarantee, ensuring your peace of mind throughout the process.

Seamlessly Handle Payments and Recharges

From bill payments to recharges, Muthoot FinCorp ONE simplifies it all. Recharge your DTH or prepaid mobile, pay electricity, internet, or LPG gas cylinder bills instantly, or manage your financial services and taxes hassle-free—all with a few taps on our app. Moreover, pay your rent or vendors effortlessly, making the entire process quick, secure, and available 24x7.

Our commitment to making your financial life easier continues with the Muthoot FinCorp ONE app. It’s your gateway to effortless Gold Loans, Digital Gold investments, Forex transactions, and more, available whenever and wherever you need it. Expect regular updates, enhanced services, and an unwavering dedication to simplifying your financial journey.

Muthoot FinCorp ONE is not just about transactions; it's about transforming the way you interact with your finances. Experience ease, convenience, and reliability—all in one place.

At Muthoot FinCorp ONE, we're not just simplifying financial transactions; we are empowering you to make smarter choices, effortlessly. Join us and witness a new era of financial convenience and intelligence.

About Muthoot FinCorp ONE

Muthoot FinCorp ONE is an all-in-one digital financial platform that makes getting an MSME & a Gold Loan, investing in Digital gold & NCDs, making payments & remittances, buying insurance & exchanging forex, simple and convenient.

As an SBU of Muthoot FinCorp Limited, Muthoot FinCorp ONE is backed by a legacy stretching back over 135 years, and the trust of more than 1 crore customers and is building a holistic financial ecosystem using the latest digital products for lending, investing, protection and payments.

Muthoot FinCorp ONE continues to uphold the values of the parent, the Muthoot Pappachan Group (Muthoot Blue) by providing its customers with easily accessible services, replete with unmistakable quality. The Muthoot Pappachan Group is among India’s most reputed names in the financial services industry, with customers in diverse segments like Automotive industry, Financial Services, Hospitality, Alternate Energy, Real Estate, and Precious Metals.

So what are you waiting for? Head to the Play Store and download the Muthoot FinCorp ONE app. You can also visit the website today to know more.

Alternatively, you can also follow us on Facebook, Instagram, Twitter or LinkedIn to stay tuned to our latest offerings.

Chat on Whatsapp | Branch Locator | Email us - customercare@muthoot.com | Download App

[religare-broking-limited]

 What are Finance Stocks? What are the list of Financial Stocks in India?

Explore the dynamic landscape of India's financial stocks, including key players like Bajaj Finance, Shriram Finance, and Muthoot Finance. This guide breaks down the factors influencing the performance of financial stocks, such as economic conditions, interest rates, and market sentiment. Learn about the top NBFCs (Non-Banking Financial Companies) like Cholamandalam Investment, IRFC, and Sundaram Finance, which play crucial roles in India's financial ecosystem. Discover essential strategies for investing in financial stocks, including diversification, monitoring market trends, and seeking expert advice. Whether you're a seasoned investor or a newcomer, this guide provides valuable insights for building a resilient and profitable investment portfolio.

[sudheervanguri]

Piramal Pharma Solutions Hyderabad Recruitment Drive on 16 June 2024 Join Us for an Exciting Career Opportunity in Hyderabad! Date: 16 June 2024 (Sunday) Time: 9:30 am - 4:00 pm Venue: Piramal Pharma Limited, Ground Floor, D3T Tech Hub, 1-98/8/6&7, Image Garden Road, VIP Hills, Silicon Valley, Madhapur, Hyderabad – 81, Telangana Landmark: Metro Pillar no – 1765, Muthoot Finance -> D3T Tech Hub About the Walk-In Drive Piramal Pharma Solutions, a leading pharmaceutical company, is inviting talented professionals to join their team at a walk-in drive in Hyderabad. This is an excellent opportunity for candidates with the right qualifications and experience to become part of a dynamic and innovative company. The event will be held on 16 June 2024, from 9:30 am to 4:00 pm. Don't miss your chance to advance your career in the pharmaceutical industry! Available Positions and Requirements Executive – Production (API) Qualification: B.Sc. Experience: 2 - 5 years Skills Required: Production, execution of BMR, BPR, solvent recovery, GMP, safety, SAP. Executive – Production (API) Qualification: B.Tech / B.E (Chemical Engineering) Experience: 4 - 6 years Skills Required: Production, execution of BMR, BPR, solvent recovery, GMP, safety, SAP. Executive – Mechanical (API) Qualification: B.Tech (Mechanical) Experience: Minimum 4 years Skills Required: API plant equipment maintenance & modifications, GMP, good engineering practices. Executive – Instrumentation (API) Qualification: B.Tech (Mechanical) Experience: Minimum 4 years Skills Required: Troubleshooting of PLC and SCADA, field instrument system (preferably Rockwell system), knowledge of critical analyzers and field instruments, process and control systems. Executive – Electrical (API) Qualification: B.Tech (Electrical) Experience: 2-8 years Skills Required: Maintenance and troubleshooting of pharma manufacturing equipment, maintenance of electrical equipment like PCC, MCC, UPS, VFD. Executive – Projects (API) Qualification: B.Tech (Mechanical) Experience: 5-8 years Skills Required: Project conceptualization, collaboration with Process Engineering, TSD & Production departments. Executive – HVAC (API) Qualification: B.Tech (Mechanical) Experience: Minimum 5 years in an API plant Skills Required: HVAC validations, AHU maintenance, Dx systems, VRV systems, cleanrooms, cold rooms, temperature mapping. Executive – SCM (API) Qualification: M.Sc./B.Sc./B.E (Chemical) Experience: 2-5 years Skills Required: Production planning and inventory control, dispensing of raw material, issuance, receipts, documentation. What to Bring Please bring the following documents: Highest educational qualification certificates Three months' pay slips Latest increment letter How to Apply To submit your CVs or for any queries, please email: Kedarnath.Mattam@piramal.com [caption id="attachment_81742" align="aligncenter" width="930"] Piramal Pharma Solutions Recruitment - Job vacancies[/caption]

[the-northcap-university]

Leveraging the Power of Sports Sponsorship: Impact on Brand Equity in the IPL Era

In recent years, sports sponsorship has emerged as a potent marketing strategy for brands worldwide. The Indian Premier League (IPL), one of the most-watched cricket tournaments globally, has become a prime arena for brands to enhance their visibility and build brand equity. This blog explores the role of sponsoring sports events like the IPL in bolstering brand equity, supported by data and sources.

Increased Brand Exposure: Sponsoring the IPL offers brands unparalleled visibility to a vast and diverse audience. According to a report by Nielsen, the IPL 2020 garnered a cumulative reach of 405 million viewers, making it a lucrative platform for brand exposure (Source: Nielsen Sports). With matches broadcasted globally and extensive media coverage, sponsors gain widespread visibility, thereby increasing brand awareness among a broad demographic.

Enhanced Brand Recall and Recognition: Associating with a high-profile sporting event like the IPL helps brands to establish strong associations in consumers' minds. A study conducted by Kantar revealed that IPL sponsors experienced a 17% increase in brand recall compared to non-sponsors (Source: Kantar). Consistent brand presence throughout the tournament, including on player jerseys, stadiums, and advertisements, reinforces brand recognition and ensures that the brand stays top-of-mind among consumers.

Positive Brand Image and Perception: Sponsoring sports events like the IPL allows brands to align themselves with the passion and excitement of sports, fostering positive brand associations. Research indicates that consumers perceive brands sponsoring sports events as dynamic, youthful, and energetic (Source: Marketwatch). This positive brand image translates into increased consumer trust, loyalty, and preference, ultimately contributing to enhanced brand equity.

Opportunities for Consumer Engagement: Sports sponsorships offer brands unique opportunities for direct consumer engagement and interaction. Through various activation activities such as fan zones, contests, and social media campaigns, sponsors can create immersive brand experiences for fans. According to a study by Ipsos, 75% of fans feel more positively about sponsors who engage them beyond traditional advertising (Source: Ipsos). Such interactive initiatives not only strengthen brand-consumer relationships but also generate valuable user-generated content, amplifying brand reach and engagement.

Financial Performance and Market Share: Research suggests a positive correlation between sports sponsorship and financial performance. A study published in the Journal of Advertising Research found that companies investing in sports sponsorship experienced an increase in market share and stock prices (Source: Journal of Advertising Research). The heightened visibility and positive brand associations derived from sponsoring sports events like the IPL contribute to improved brand performance and competitiveness in the market.

Long-Term Brand Building and Loyalty: While the immediate impact of sports sponsorship is evident, its long-term benefits in brand building and loyalty are equally significant. According to a report by Repucom, 65% of sports fans are more likely to purchase products from brands actively involved in sponsoring sports events (Source: Repucom). By nurturing emotional connections with consumers through shared experiences and values, brands can cultivate enduring brand loyalty, driving sustained growth and profitability.

Here are some of the prominent team-brand associations in the IPL:

Mumbai Indians:

Principal Sponsor: Samsung

Official Partners: Marriott Bonvoy, Colors, Usha, Jio, Kingfisher, Dream11, Burger King, Kotak, William Lawson's, Boat, DNA Networks, Radio City, Performax, Astral Pipes

Chennai Super Kings:

Principal Sponsor: Muthoot Group

Official Partners: Equitas Small Finance Bank, Gulf Oil, Nippon Paint, EUME, FanCode, Dream11, Boat, SEVEN, Astral Pipes, Usha, Nippon India Mutual Fund

Kolkata Knight Riders:

Principal Sponsor: BYJU'S

Official Partners: Lux Cozi, Astral Pipes, Dream11, Jio, Kingfisher, Greenply, Royal Stag, Kotak, Nokia, Medimix, Colgate, Asian Paints, Royal Stag, TV9 Bangla, Kotak, and Fancode

Royal Challengers Bangalore:

Principal Sponsor: Muthoot Fincorp

Official Partners: Duroflex, Astral Pipes, Kotak, Jio, Max Life Insurance, Exide, Singha, Mai Dubai, Kingfisher, Dream11, and Nissin.

Delhi Capitals:

Principal Sponsor: JSW Group

Official Partners: APL Apollo, Dream11, Jio, FanCode, Boat, Kotak, Colgate, BKT Tires, Livinguard, Fever FM, Nerolac, and EbixCash.

Rajasthan Royals:

Principal Sponsor: TV9 Bharatvarsh

Official Partners: Kei Wires & Cables, Astral Pipes, Kingfisher, Jio, Red Bull, Dream11, DafaNews, Dream11, FanCode, Acko General Insurance, and Jai Raj Steel.

Sunrisers Hyderabad:

Principal Sponsor: JK Lakshmi Cement

Official Partners: Ralco Tyres, Astral Pipes, Dream11, Jio, TCL, Colgate, Kia Motors, Nerolac, BKT Tires, and Jai Raj Steel.

Punjab Kings:

Principal Sponsor: EbixCash

Official Partners: BKT Tires, Colgate, Astral Pipes, Dream11, Jio, Fancode, Tata Motors, and Jai Raj Steel.

These associations not only provide financial support to the teams but also help brands in gaining exposure and reaching out to a wide audience during the IPL season.

Sponsoring sports events like the IPL offers brands a powerful platform to enhance brand equity and achieve strategic marketing objectives. The extensive reach, heightened visibility, and positive brand associations derived from sports sponsorships contribute to increased brand awareness, recall, and preference among consumers. Moreover, the opportunities for consumer engagement and long-term brand building further solidify the value proposition of sports sponsorship for brands. As the global sports sponsorship landscape continues to evolve, brands leveraging the inherent synergy between sports and marketing stand to reap substantial rewards in terms of brand equity and financial performance.

Authored by Dr. Kanchan Yadav Assistant Professor, Department of Management & Commerce Studies, The NorthCap University

[luckysingh1999]

Personal Loan in Delhi without Income Proof

A personal loan can be a valuable financial tool to meet various needs, from funding a wedding or a vacation to covering medical expenses or debt consolidation.

However, traditional lenders often require income proof as a crucial criterion to assess a borrower's creditworthiness before approving a personal loan.

Collateral-Based Loans

One option for obtaining a personal loan without income proof is to opt for a collateral-based loan.

In this arrangement, you pledge an asset, such as property, fixed deposits, gold, or valuable items, as collateral against the loan.

The lender evaluates the value of the asset and offers a loan amount based on the collateral's worth. Collateral provides security to the lender, mitigating the risk associated with the absence of income proof.

Bank Statement Loans

Some financial institutions offer personal loans based on the applicant's bank statements rather than conventional income proofs.

Lenders assess the applicant's transaction history, average monthly credits, and account balance to gauge their repayment capacity.

A healthy bank statement with consistent deposits can improve the likelihood of loan approval, even without formal income documents.

Co-Applicant or Guarantor

Adding a co-applicant or a guarantor with a stable income and good credit history can significantly increase your chances of getting a personal loan without income proof.

The co-applicant's or guarantor's income and creditworthiness act as a reassurance to the lender, making them more confident about granting the loan.

Peer-to-Peer (P2P) Lending Platforms

P2P lending platforms have emerged as an alternative source of personal loans. These platforms connect borrowers directly with individual lenders.

Some P2P lenders may be more flexible in their eligibility criteria, allowing borrowers without income proof to state their financial situation and seek funding from willing lenders.

Non-Banking Financial Companies (NBFCs)

NBFCs are financial institutions that offer various loan products, including personal loans. Some NBFCs may have more relaxed income proof requirements compared to traditional banks.

They often consider factors beyond formal income documentation to assess a borrower's creditworthiness.

Some Popular Private Personal Loan Providers in Delhi

Vintage Finance

HDBFS

Bajaj Finance

Piramal Capital Housing Finance

Muthoot Finance

In Conclusion

Securing a personal loan in Delhi without proof of income is difficult, but not impossible. Alternative choices, such as collateral-based loans, bank statement loans, and P2P lending platforms, might provide opportunities for those with unusual revenue sources. Before accepting a loan offer, it is critical to do research on several lenders and compare interest rates, processing costs, and conditions.

[muthootfinance0861]

Muthoot Finance - Put Your Gold to Work & Pay Your Bills - Malayalam

Why should you worry about paying your bills, when you can now pay them with gold loan! Simply use gold to pay your bills and take control of your finances! Just put your gold to work at Muthoot Finance, and ease your day-to-day bill payments!

[onemuthoot]

Bullet repayment in Gold Loans

Repay your gold loan in one shot

The Indian gold loan market is expanding at a CAGR of 12.75% and is expected to reach Rs.6275.40 Bn by 2025. Sometimes, we need to raise a loan to meet some medical emergency or educational purpose. If you are a small and medium enterprise owner, you may need some quick cash for business purposes. The gold loans extended by banks and NBFCs are beneficial in such situations.

Let’s go through some of the different gold loan repayment options ONE Muthoot offers to its customers.

1. Repayment of the gold loan as EMI

The EMI consists of the interest and components of the principal. This scheme is ideal if you are a salaried employee with a regular monthly cash flow in your account. This mode of payment will reduce your interest cost and the pressure of repaying the total loan amount at the end of the term.

2. Partial payments

Partial payment is a customer-centric approach. You can make payments of interest and principal components as and when you choose without the restriction of EMI. Interest is calculated daily on the outstanding loan amount. The sooner you pay the principal amount, the less interest you pay. You will be more comfortable as you can repay according to your financial situation.

With ONE Muthoot, one of India's most trusted financial institutions, you can pay back your gold loan earlier and ensure complete transparency and safety throughout your relationship.

3. Interest in EMI & Principal at closure

In this option, you can pay interest monthly, like EMI, and the principal at maturity. You will be relaxed to settle the principal at the end of the tenure by just servicing the monthly interest.

4. Pay interest first

With this option you can pay the interest upfront and settle the principal at the end of the term. You need not worry about any monthly payments till the end of your tenure.

5. Gold loan Bullet repayment

Bullet repayment is an option to pay the principal with the interest of the entire tenure as a single shot. You need not make any payments till the end of the term. The total interest and principal are paid as one shot hence the term bullet payment.

The interest is calculated monthly but payable at the end of the term. This scheme is suitable if you can repay within 6 to 12 months, and lenders may limit the loan amount to Rs.2 lakhs, subject to conditions. Bullet repayment is not on reducing balance terms, so you may pay higher interest than other repayment modes.

It is equally important for you to choose a suitable repayment plan as you apply for a gold loan.

Our support team would be happy to help you choose the right option based on your financial planning. We are one of the most trusted financial institutions in the country, with a legacy of 135 years. Our flexible gold loan repayment options will help you to manage your finances well. Head to our EPay website to repay gold loans faster.

[gadgetsforusesblog]

Muthoot Finance Dividend Update Board is considering setting the record date for the same on April 6

Muthoot Finance Dividend Record Date: Muthoot Finance, one of the country’s largest non-banking finance companies, is about to make such a long-awaited gift to its shareholders. The company will announce this shortly and the record date for this has already been set. Dividend amount not yet determined First of all, let us tell you that Muthoot Finance claims to be the largest gold loan NBFC in…

[financemaster1]

Stress-Free Rent Payments With Muthoot FinCorp ONE

Rent payments – it’s that one chore that seems to be perennially tagged with stress. It's a monthly task that often involves multiple steps, coordination, and occasionally some anxious moments. But what if we told you there’s a way to transform this cumbersome task into a breeze, a stress-free experience? With Muthoot FinCorp ONE, it is possible.

Making Payments Swift and Simple

We know how overwhelming it can be to handle multiple bills and payments each month. With Muthoot FinCorp ONE, you’re in luck. This app is your ultimate go-to for anything related to payments. Offering a myriad of services, it's designed to ensure a hassle-free experience, 24/7, without making you wait.

All-in-One Solution for Your Bills and Recharges

Think of any bill or recharge—mobile, DTH, electricity, internet, LPG gas cylinder—and voila, Muthoot FinCorp ONE has got you covered. Not just that, managing your financial services, taxes, EMI and loan payments, insurance premiums, and municipal taxes, becomes a cakewalk with this app.

Ease of Rent Payments

Using the Muthoot FinCorp ONE app, paying your rent is as simple as a few taps on your phone screen. Whether it's the initial rent, brokerage, or security deposit, we ensure it reaches your landlord securely and swiftly within 2-3 business days.

Vendor Payments Made Easy

What if your vendor isn’t on board with Muthoot FinCorp ONE? You can still make payments seamlessly. Simply provide their contact details, and we’ll notify them about the payment, ensuring a hassle-free experience for both parties.

Credit Card Convenience

Paying your rent through Muthoot FinCorp ONE using your credit card doesn’t just ease your monthly financial load but also comes with added benefits. From earning reward points, cashback, to improving your credit score and history, the advantages are directly linked to your credit card usage.

Understanding Fees and Payments

Yes, there’s a convenience fee attached to credit card payments, which is clearly mentioned during the payment process. This fee helps cover the expenses incurred while processing your payment.

Seamless Tracking and Accepted Payment Methods

Curious about tracking your payments? Head to the 'My Orders' tab on the app, and there you have it – a transparent record of all your transactions.

So, why stress over rent payments when you can simplify your life with Muthoot FinCorp ONE? With multiple payment modes, transparent fees, and hassle-free transactions, it’s your one-stop solution for all things payments. Say goodbye to rent payment woes and embrace a stress-free, convenient way to handle your bills and finances.

About Muthoot FinCorp ONE

Muthoot FinCorp ONE is an all-in-one digital financial platform that makes getting an MSME & a Gold Loan, investing in Digital gold & NCDs, making payments & remittances, buying insurance & exchanging forex, simple and convenient.

As an SBU of Muthoot FinCorp Limited, Muthoot FinCorp ONE is backed by a legacy stretching back over 135 years, and the trust of more than 1 crore customers and is building a holistic financial ecosystem using the latest digital products for lending, investing, protection and payments.

Muthoot FinCorp ONE continues to uphold the values of the parent, the Muthoot Pappachan Group (Muthoot Blue) by providing its customers with easily accessible services, replete with unmistakable quality. The Muthoot Pappachan Group is among India’s most reputed names in the financial services industry, with customers in diverse segments like Automotive industry, Financial Services, Hospitality, Alternate Energy, Real Estate, and Precious Metals.

So what are you waiting for? Head to the Play Store and download the Muthoot FinCorp ONE app. You can also visit the website today to know more.

Alternatively, you can also follow us on Facebook, Instagram, Twitter or LinkedIn to stay tuned to our latest offerings.

Chat on Whatsapp | Branch Locator | Email us - customercare@muthoot.com | Download App

[finnacle]

Impact of Covid-19 on various Industries.

The nation is facing a market crash close to the one that occurred last year as a result of the lockdown. The stock index has dropped from a 52-week high of 15431.75 to 14248.70. The stock market opened the week in the red, as worries of a total lockdown in Maharashtra and other states grew as Covid-19 cases continued to increase. The novel coronavirus has proven to be one of the most economically devastating pandemics in recent decades. It has totally disrupted the global economy. The economic instability caused by the COVID-19 pandemic has had far-reaching and extreme consequences for financial markets, including equity, bond, and commodity (including crude oil and gold) markets.  The total market capitalization of BSE-listed companies plummeted to Rs 200.9 lakh crore from Rs 209.6 lakh crore the previous session on April 9, leaving investors 8.7 lakh crore poorer in a single day. Aviation, retail, finance, real estate, and automobiles are the five industries at the forefront of those suffering from extreme pain right now. Aviation Sector - Air transport accounts for a small portion of GDP but is inextricably related to the activities of other industries, especially airports and aircraft manufacturing.   Many other economic activities rely on the aviation industry. The drastic decline in demand for passenger air travel caused by the COVID-19 pandemic and containment policies is affecting the survival of many companies in both the air transport business and the rest of the aviation industry, threatening many jobs. Due to the unexpected increase in cases, the aviation sector has once again begun to see a decrease in the number of bookings. This sector will take longer to recover than others. Though it is not impossible because the entire world economy is dependent on this sector. Retail Sector - The Coronavirus pandemic is having a serious effect on humans, the economy, and industry. Retail players, as responsible corporations, are taking the requisite precautions to ensure the safety of their staff and consumers. The ultimate goal is to ensure quick and continuous supply of essential food and retail items at reasonable prices, so that people do not panic. 2020 witnessed a dramatic shift of consumers from physical  shopping to online mode. Consumers have begun to rely heavily on digital mode. While the retail industry suffered greatly last year, it is also improving more quickly because retailers have implemented the online mode, which allows consumers to avoid leaving their homes and guarantees maximum safety. Financial Services Sector - Non-Banking Financial Companies (NBFCs) are businesses that provide financial services and banking services but do not follow the legal definition of a bank. Individuals and companies entrust their capital to the financial services industry. Commercial and investment banks, insurance companies, hedge funds, credit card companies, consumer financing firms, accounting firms, and brokerage firms are all part of it. Some of the top financial services companies are - Bajaj Finance, Shriram Transport Finance Company Limited, Muthoot Finance Ltd etc. These companies play a vital role in the development of the economy by boosting employment, long term credit services, increases the standard of living of the people. However due to the pandemic, people are skeptical about borrowing loans for consumer durables, machinery, SMEs or MSMEs. As the economy begins to rebound, this business will expand as people's purchasing power rises, resulting in economic prosperity. Real Estate - Real Estate consists of any land or buildings. Amidst the pandemic, when the economy of the nation was sluggish and people were hesitant to buy consumer durables, the Maharashtra government announced on August 26 that stamp duty on housing units will be reduced from 5% to 2% until December 31, 2020. Stamp duty charges were lowered to 3% from January 1 to March 31, 2021. As a result, property registrations in Mumbai increased, and the Maharashtra economy remained stable. Automobile - Total automobile sales in India dropped 13.05 percent year on year to 41,289,28 units as the economy struggled with the effects of the Covid-19 pandemic. FY2020-21 was one of the sector's worst years, with sales in each category reaching multi-year lows. During the lockdown, the usage of private vehicles was limited. All the thematic companies were affected - petrol, tyres etc. However the sales increased in March 2021 compared to March 2020. Banking - Bankers are concerned that the lockdown measures, such as curfews, movement bans, and mall closures, would damage creditors, sparking a second wave of defaults. Defaults are likely to hurt banks further if the Reserve Bank of India (RBI) does not impose a repayment moratorium, as it did last year. It supported banks in keeping defaults off their balance sheets while having little effect on asset quality. Increasing defaults as a result of lockdowns can directly harm banks. In the aftermath of the second wave of COVID-19 and a high proportion of bad loans, systemic risk in Indian banks is expected to stay high. Though total lockdowns are impossible during the second Covid-19 surge, regional constraints have already slowed India's economic recovery in the first quarter of FY22.

The reimposition of countermeasures to combat the second wave of Covid-19 may have a negative impact on the economy and could hurt the market sentiments. However, the Indian Financial Markets may recover faster leading to growth in the economy as people are now looking forward to having multiple sources of income. Investment in good companies can generate additional income.

[srbachchan]

DAY 4116

Jalsa, Mumbai                  June 14/15,  2019                 Fri/Sat 12:21 AM

Birthday Ef - Sunita Roy .. Saturday, June 15 .. happy birthday and wishes for a wonderful day and years to come with love from the entire Ef ...

Namsakaar .. Vannakam .. the folding of hands in tradition of acceptance .. of welcome and reception .. of affection and humility .. of what the mind means with all in prayer ..

.... and the various faces of the work in the times of today .. no this is not any kind of metaphorical attention drawing device or an out dated eruption , it is as it is .. and represents love for all .. care and gratitude for all .. 

.. but this is just an aspect of it .. kind and gentle and sublime in servile presence .. at times it does get a bit .. 

... and there is no blame at any particular person or the like .. just .. the need to express frustration and apprehension and ‘what the heck am I doing here..’ kind of times ..

.. and at times the visuals of the games that parade in front of us each day, particularly for the other side of the globe and the Windies ..

... no I have not taken any wicket at the WC 2019, but there are some that ecstatic-ate after a success wicket in thus fashion - a march up the pitch a salute, and a wide spread of the arms .. 

.. seen it have you not .. pretty impressive .. its called military precision .. the ball bowled, and the wicket taken .. 🤣 in the style and type of the West Indies .. the Indies where the calypso never stops to be played .. the entire day .. somewhere around about it plays and can be heard throughout .. and it has its effect on them that come not from there .. and the rhythm and the style follows them wherever they go, in whatever they do ..

every visit of mine has been given such reception .. difficult to put away .. much like the pace of their bowling in the game of cricket ..

but seriously though, the work for the day over and spending some time with fresh makers who wish to employ, who recall pioneer days .. its so remarkable to be in their midst .. and dwell on their narrations and visions in the making ..

our associations are ever so heart warming and filled with the love of togetherness .. it is so endearing .. so unusual and so filled with care and genuineness .. 

So the work was with the gold finance company Muthoot and each day brings us such remarkable incidents and stories ..

... that the gold reserve in the individual capacity in our country is approx 22,000 tons of Gold .. kept privately in homes .. whereas the official Gold reserve in the country’s mint must be about 2000 tons  .. I cannot vouch for this, for it has been given to me in conversation with responsible people in the trade .. that must be very close to the largest individual silent asset of a nation , of the world, of the universe .. haha !! YES .. lady India has great affection for the preserve of the shiny yellow and has it safely stored for that rainy day .. or just the fact that it lies within your premises, gives them the strength of their security ..

It is getting on in time but I have work to complete .. to write to enact to convey the essence of the project and so much more ..

I shall depart ..

Amitabh Bachchan

[nbfc-advisory]

NBFC: Role & Impact on Indian Economy.

Before talking about NBFC, Do you remember the economic crisis of 2009? If you do not know, then know that businesses worldwide were stuck due to a lack of finance in this financial crisis. And even the banks that financed these businessmen had to struggle to save themselves.

We know that banks cannot go to every customer and inquire about their financial requirements, thus creating problems for those who don’t know how banks work. And one of the reasons for this is that there has been a massive gap in credit availability in India. And this is where the role of a non-banking financial company (NBFC) comes into play. NBFCs played an essential role in meeting the financial needs of customers who did not have access to banks and their services.

What is NBFC (Non-Banking Financial Company)?

NBFC acts as an intermediary in the finance business. In simple words, NBFCs are those companies which are registered under the Companies Act 1950-2013. The Reserve Bank of India (RBI) gives licenses to NBFCs.

For example, on TV or in the newspaper, you will hear the names of companies like Muthoot Finance, Mahindra & Mahindra Finance, and Bajaj Finance. While taking a phone, buying any electronic item, or buying a car, you must have often heard that these companies can provide loans to you. But these are not banking companies. So these companies, which work like banks in some ways, are called NBFCs.

NBFC company gives the loan and gets you to deposit money in insurance or SIP. It also works to provide loans to small businesses in the organized or unorganized sectors and caters to the growing financial needs in the corporate world. But at the same time, NBFCs also have some limitations. They cannot finance any industrial activity, agricultural activity, purchase or manufacture, and sale of immovable property.

History of NBFCs

In India late 1950s and early 1960s, various banks failed due to which a large number of ordinary depositors lost their deposits. At present, it has been noted by the Reserve Bank of India that deposit acceptance activities are being carried out by NBFCs. Although they were not as systemically important as banks, their regulation was initiated by the Reserve Bank of India as they were likely to cause harm to their depositors. Thus, after 1963 these institutions were regulated by the Reserve Bank of India.

In the early times, NBFCs were small organizations and did not exert much influence in the financial industry. But as their scope gradually increased, in December 1964, the Reserve Bank of India amended the RBI Act 1934 and introduced a new chapter to take NBFCs into effect.

The role of NBFCs was at its peak in 1992 after globalization and liberalization. These companies performed well even in the heavy recession of 2009 and today the revenue of NBFCs is more than the revenue of many banks.

Types of NBFCs?

In India, they are categorized by various criteria such as:

Based on liability:

Non-deposit acceptance (type 1): These NBFCs do not accept cash deposits. Which can further be divided into systemically important NBFCs and other NBFCs.

Deposit accepting NBFCs: These types of NBFCs do accept cash deposits.

Based on their business activities:

Credit and investment companies (such as loan companies, asset companies, and investment companies.)

Microfinance companies.

Mortgage guarantee company.

NBFC-NOFHC (Non-operative financial holding company)

Infrastructure debt fund.

Housing Finance companies.

What are the functions of Non-Banking Financial Companies (NBFCs)?

India’s financial sector is enormous. It comprises commercial banks. And the NBFCs offer various banking services without banking licenses, such as:

To give a loan or advance.

To lease or trade financing.

Asset management.

Trading money in market instruments.

Managing stock portfolios.

Investing in products.

retail finance

Hiring or Purchasing.

Investing money in insurance or chat business.

To make acquisitions in securities such as shares, bonds, mutual funds, debentures, and many more such instruments.

Role & Growth of NBFCs.

India’s capital market has seen significant ups and downs over the past few decades. As the trend of the people in the capital market has grown, the volume of transactions has also increased tremendously.

In such a situation, financial institutions like merchant banks, mutual funds and venture capital companies are the most important institutions that have grown very fast.

In addition, NBFCs often play a leading role in providing innovative financial services to the medium, small and micro industries that we know as MSMEs, best suited for their business needs.

We know that more than 60 per cent of India’s population comes from rural areas and people are not in direct contact with the bank due to a lack of education. NBFCs fill this gap. He takes all the facilities to the people’s homes and provides them with the necessary financial assistance.

Even if the bank cannot give loans to everyone, there may be some reasons behind this. The role of NBFCs also cannot be overlooked in providing assistance and guidance during emergencies which is why NBFCs can be the best option for you after the bank.

Impact of NBFCs on the Indian economy.

India’s economy has taken a long time to emerge since Corona. India’s development is founded on five pillars: economy, infrastructure, a technology-based system, vibrant demography, and demand.

We recognize the importance of NBFCs in the Indian economy. In the economy, NBFCs play a critical role in infrastructure, wealth management, and job creation while focusing on the poorest members of society.

Since the beginning of 2019, the NBFC sector has encountered numerous hurdles. The RBI recently introduced adjustments to the rules governing NBFC consumer loans. Some NBFCs’ licenses have also been revoked. This means that the Reserve Bank of India and the Indian Finance Ministry closely monitor NBFCs. However, considering the importance of NBFCs to the Indian economy, positivity must be maintained. With the future of NBFCs in mind, you may recall that it was decided to make India a $5 trillion economy by 2024.

The restrictions for NBFCs have recently been strengthened. NBFCs use cutting-edge technology to develop the most excellent and innovative goods.

In India, there are approximately 10,000 NBFCs, with thousands more being registered each year. In such a scenario, NBFCs are prepared to deploy artificial intelligence and machine learning techniques to assist lenders in assessing client sentiment and maintaining alternate credit rating models.

Conclusion

It can be concluded that NBFCs play a crucial role in the economy of India. Be it the banking sector, financial services or the insurance industry. Also, if we talk about the function of NBFC, it can be called the growth base for Indian Manufacturing and Infrastructure Development. Hope you got to learn something new from this article. Visit Us for NBFC Services such as NBFC Registration, NBFC Takeover, NBFC Compliances, and Virtual CFO.

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Best Midcap SENSEX Stocks You Can Invest In 2022

Mid-cap stocks are the most attractive investment options for investors who are looking to gain good returns without exposing themselves to the risks involved in the stock market. For those who don't know, mid-cap stocks are issued by companies with higher growth potential. These stocks offer a lot less risk than the small-cap stocks and a little higher risk than the large-cap stocks. In this blog, we will discuss the best midcap stocks along with the Sensex share price. Let's get started!

Why Invest in Mid-cap Sensex Stocks?

If you want to have a well-balanced and healthy investment portfolio, then you should invest in good midcap Sensex stocks. Following are some other good reasons to purchase midcap Sensex today:

1.  Gain Better Returns

As we have already mentioned above, mid-cap stocks are offered by companies with stable growth and high growth potential. These stocks offer a much higher rate of return than the other stocks listed on the stock exchange.

2.  Medium Risks Involved

Mid-cap stocks don't involve as high risk as small-cap stocks. They offer much higher returns than the large-cap stocks without exposing your funds to higher market risks. These companies have a higher ability to raise funds and stay strong during the opposite market conditions.

3. Budget Friendly

Another good thing about midcap stocks is that they are very affordable. They are not as expensive as large-cap stocks. This means you can easily buy them even if you have a small budget and still enjoy great returns.

4. Higher Market Reputation

Mid-cap companies gain a remarkable reputation over time. They secure a stable position in the market and are named among the best-performing companies in the country. Further, they have stable growth, positive past performance, and timely dividend payouts to their investors.

Best Mid Cap Sensex Stocks for 2022

Now that we have discussed what mid-cap stocks are, let's move on to the list of best mid-cap stocks for investing in 2022:

MPHASIS: The first stock in our list of best midcap stocks is MPhasis. It is an IT company with a remarkable market cap of 43,012 crores and a P/E value of 30.5.

COLPAL: The next best midcap stock for 2022 is COLPAL. This is a renowned FMCG company in the personal care sector. It has a market cap of 40,490 crores and a PE ratio of 37.55.

GLAND: Gland Pharma Limited is another mid-cap company to invest in 2022. It has shown stable growth and performance over the last 5 years. Further, it has a market capitalization value of 42,368 crores and a PE value of 34.9.

MUTHOOTFIN: Muthoot Finance has gained massive popularity as a consumer finance company. They have a market cap of 39,699 crores and a price-to-equity ratio of 9.88.

HDFC AMC: The asset management company has a PE ratio of 28 and a market cap of 39,001. It is another option for investors who want to gain the best returns without dealing with a lot of risk.

Note: Details as of 28 July 2022. The Sensex share price today is 56,684🔝.

Bottom Line

Mid-cap stocks are those stocks that are issued by medium-sized companies. These stocks are preferred by most investors because they don't involve higher risk and still offer good returns over time. Also, these companies have a much higher growth potential than others. This is all about the best midcap Sensex index and stocks.

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The Next Big Thing in Spa Center

Stress can take a risk on our internal and physical good. occasionally, we just need to escape from the mundane and busyness of life to relax and rejuvenate. Gym and massage remedy can offer just that – a stimulating and remedial experience that calms the body and mind. Then are the top reasons why

It offers a awful escape from everyday life

It has comforting goods on the body and mind

It's just as stimulating as a diurnal drill, but requires no trouble

No more stress

One of the stylish effects about going to a gym is that it can help your stress and feel more positive. However, a visit to the gym can be a great way to relax and mollycoddle yourself, If you are feeling stressed out from your work or home life. Gym treatments can help you get a good night's sleep, which is important for maintaining a healthy mind.

Getting relieve of pain is easy

A massage can work prodigies for your body, mind, and soul. It can help to relieve pressure, pain, and stiffness. It can also help to ameliorate inflexibility. You can conclude for a full body massage or choose a specific area. As well as helping you recover from injuries, massage can also relieve arthritis pain.

Increase Blood rotation

Gym treatments offer a lot of benefits for your cardiovascular health. They help regulate blood pressure and ameliorate blood rotation. An effective way to lower blood pressure is by relaxing the sympathetic nervous system. A gym hot water bath is also known for perfecting heart rate. therefore, an effective gym service can be remedial and contribute to your cardiovascular heartiness.

Spend time with your gym chum

Just like spending time with your mate or musketeers at a cantina and eatery, gyms allow you to bond with them and escape the busyness of your routine. Take a break from your schedule to spend some quality time with your favourite people! cling and interacting with them will incontinently light up your mood, whereas gym treatments will help you be present in the moment.

Find out how you can live a healthy life

One of the great benefits of visiting a gym is that you can consult with a therapist! If you feel comfortable seeking out discussion, the therapist can give you with tips on living a healthier life. also, if you conclude for a body massage, the therapist can identify any areas of pain and advise you on exercises that can relieve that pain.

still, look no further than Viviana Mall, If you're looking for gyms in Thane. We're home to some of the stylish gyms in the area, including The Aroma Thai, Envi Spa and Salon, Myo Thai Spa, and Nail Gym. So bespeak an appointment with a therapist moment and be ready to have a day to yourself!

At Impressions wellness, we offer massages that will transport you to paradise. Our spa theory works to relieve all your body and mind stress.For relieving stress and pain visit us at Impressions Wellness center in Bangalore or Call Whatsapp: +91-9513487102, check out our website impressionswellness.com

Address: No. 60, 2nd floor, above Amma's pastry, opp Muthoot finance, Indiranagar, Bengaluru - 560038