Question
Which company becomes India's first fintech-led
NBFC-Factor to receive the Certificate of Registration under Registration of Factors (Reserve Bank) Regulations, 2022?Solution
121 Finance becomes India's first fintech-led NBFC-Factor to receive the Certificate of Registration under Registration of Factors (Reserve Bank) Regulations, 2022. The NBFC-Factor addresses the most significant challenge most businesses suffer from, i.e., arranging short-term funds for MSMEs, without any collateral. 121 Finance has brought factoring to the Micro, Small, and Medium Enterprises (MSMEs) and has its roots ground deep in FinTech. MSMEs are actively seeking alternate sources of Working Capital, especially since the banks are moving out of cash credit limits for small businesses. 121 Finance has been a pioneer in Digital B2B lending through Government eMarketplace (GeM Sahay), offering Sachet Loans or small ticket sized loans and now aims to deliver the Trade Receivables Discounting System (TReDS) experience for seamless Working Capital solutions to MSMEs. 121 finance Pvt Ltd. Headquarters: Jaipur, Founder & CEO: Dr Ravi Modani
The objective of clean street hub includes:
Rice variety developed by a cross between Pyzum and BPT 5204 is
Match List I with List II
Match the mode of action in List I with the herbicides in List II
Under limited water supply, if only three irrigations are available for the wheat crop, then which stages should be covered?
When was the famous battle of Panipat fought?
Water requirement of wheat generally varies between:
Which are true examples of formal garden?
Given below are two statements
Statement I: Periodically, a phenomenon called as southem oscillation that is a global scale see-saw in surfac...
The term “Arrowing” is associated with
Rice contains __% protein. Rice protein is known as ___
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