Search results
Results from the WOW.Com Content Network
Website. www .equitasbank .com. Equitas Small Finance Bank (erstwhile Equitas Microfinance Ltd) is a small finance bank founded in 2016 as a microfinance lender. [2] [3] The bank has its headquarters in Chennai, and is a subsidiary of holding company Equitas Holdings Ltd. [4]
Small finance banks (SFB) are a type of niche banks in India.Banks with a SFB license can provide basic banking service of acceptance of deposits and lending.The aim behind these is to provide financial inclusion to sections of the economy not being served by other banks, such as small business units, small and marginal farmers, micro and small industries and unorganised sector entities.
Equitas is a group of companies that was formed in 1995 to assume by way of reinsurance the vast and crippling liabilities that had accumulated in the syndicates at Lloyd's of London on insurance policies written on the 1992 and all prior years of account. These liabilities were reinsured by Equitas Reinsurance Limited (ERL), which was also ...
That 20 percent equity requirement also means you’d need a CLTV ratio of 80 percent or lower. To calculate your CLTV ratio, divide the total mortgage debt ($310,000) by the value of your home ...
Here’s a guide on how to switch banks, broken down into six steps, for a smooth transition. 1. Find a new bank or credit union. Starting your journey to switch banks begins with finding a new ...
Maxims of equity are legal maxims that serve as a set of general principles or rules which are said to govern the way in which equity operates. They tend to illustrate the qualities of equity, in contrast to the common law, as a more flexible, responsive approach to the needs of the individual, inclined to take into account the parties' conduct and worthiness.
Blue chips are generally considered to be the best of the best, and include the stocks in the Dow Jones Industrial Average as well as the largest stocks in the Standard & Poor’s 500 index and ...
Website. www .ujjivansfb .in. Ujjivan Small Finance Bank Limited is an Indian small finance bank based in Bangalore, which commenced operations on 1 February 2017. [3] [4] Ujjivan Financial Services holds an 80 percent stake in the bank. [5] Ujjivan Small Finance Bank is licensed under Section 22 (1) of the Banking Regulation Act, 1949 to carry ...