rapid investments ltd Management discussions


ANNEXURE-C

A. Industry Structure and Development

The Company is engaged in business i.e. Non-Banking Financial Services (granting of loans, making investments, etc.)

B. Opportunities and Threats

The RBI has restored the NBFC License of the Company and hence the is a huge opportunity for the company to do business in the ever growing NBFC business in a huge country like India.

C. Segment-wise Performance

The Company is engaged in only one business i.e. Non-Banking Financial Services (granting of loans, making investments, etc.) and hence product-wise performance is not provided.

D. Outlook

After the restoration of the NBFC license by the RBI the outlook for the Company s business is very bright because there is ample opportunity for loan business in a highly populated country like India.

E. Risk and Concerns

Competitive scenarios in NBFC and proper profiling and checking credit worthiness of the loan seekers in the NBFC business are the major areas of risk and concern for your Company.

F. Internal Control Systems and their Adequacy

The Company has satisfactory internal control system, the adequacy of which has been mentioned in the Auditors Report.

G. Human Resources

In the field of human resources, the company has developed speedily control departments and hired qualified people for the same.