By V.P. Nandakumar

By V.P. Nandakumar

A question that banks and NBFCs (or others in the business of lending money) often get asked is, why do they require collateral? In the context of finance, collateral is a property or any other asset that a borrower offers to the lender to secure the loan. If the borrower defaults on the loan repayments, the lender can take possession of, and sell off, the collateral to make good the losses.

By V.P. Nandakumar

It was from Wuhan, the sprawling capital of Central China's Hubei province, that the WHO Country Office in China got its first report that pneumonia of an unknown cause had been detected. Later, on January 30, the WHO declared the outbreak a Public Health Emergency of international concern. The coronavirus disease (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) and has affected over 90,000 people the world over to become a global emergency.

By VP Nandakumar

By V.P. Nandakumar

Soon after the first phase of the lockdown was over and NBFCs were allowed to resume operations at their branches, there was much interest in the financial media about how gold loans would hold up in the current scenario where economic activity is at a low and GDP growth is heading into negative territory.

Investing in Gold  and options for the retail investor
 
By V.P. Nandakumar
 

From a single-room office at a small coastal fishing village in Kerala to a much-acclaimed Non-Banking Finance Company with branches spread all over India, the journey was never a cakewalk. There were moments of hesitation, and many challenges and setbacks that lurked at every turn. In marching ahead undeterred, lay the wise option.
 

By V.P. Nandakumar
 

By V.P. Nandakumar