In view of the current RBI regulations and guidelines, NBFCs are not doing well in the past though there is a slight improvement made in the recent past. As mentioned some of the borrowers have already settled their dues to Company. The Company is taking efforts to recover money due from other borrowers. The
Company is planning to completely settle the amount due to the depositors in the current year.
INTERNAL CONTROL SYSTEM
The Company has adequate internal control procedures, commensurate with the size of the Company and the nature of its business with regard to purchase of fixed assets, sales, services and forex activities.
HUMAN RESOURCES
The Company has professional team to handle its day-to-day business operations under the guidance of the Managing Director. The Company is planning to add more people in order to improve its business in this year.
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.