Tag «Destimoney Advisors»

Budget Reaction :Brijesh Parnami, CEO, Destimoney Advisors

The FM has presented the first full year budget.    A big relief for NBFCs is their inclusion under the SARFAESI Act. NBFCs with assets of Rs.500 crore and above have now the opportunity to use SARFAESI Act against wilful defaulters.  This was a much needed level playing field required for NBFCs. The NBFC of …