Difference Between Project Finance and Corporate Finance
Project Finance and Corporate Finance are two distinct approaches to backing, each suited to different situations. Then is a breakdown of their crucial differences Aspect Project Finance Commercial Finance Nature of Financing Focuses on raising funds for specific projects like infrastructure or energy. Relies on project assets and cash flow. Focuses on a company’s overall […]
What is an NPA Account and Its Consequences?
An NPA account refers to a “Non-Performing Asset” account in banking terms. If the borrower fails to repay EMIs of a loan for a minimum of 3 months, then banks classify such accounts as NPA(Non-Performing Asset). In such conditions, the borrower will become a defaulter and banks try to recover the whole loan amount in […]
What Happens If Loan Goes to NPA (Non-Performing Asset)?
In the complex world of finance, loans play a vital role in driving economic growth and prosperity. They facilitate investments, aid businesses, and empower individuals to fulfill their dreams. However, not all loans follow the path of timely repayments and successful outcomes. Some loans, unfortunately, turn into Non-Performing Assets or NPAs, causing ripples in the […]
OTS Funding
OTS funding is a specialized finance facility designed to take over the NPA (Non-Performing Asset) debt liability of a borrower. This scheme offers mutual benefits for both borrowers and financial institutions such as banks and NBFCs. Through NPA funding, borrowers gain relief from financial and legal litigations and have the opportunity to settle their bad […]