Bengaluru is known as the “Silicon Valley” of India because 40% of all companies are in the service sector and is a hub for Information Technology (IT). The city has consistently ranked among the top 20 destinations for investment in South Asia Pacific (SilliconIndia 2015).
Investment in real estate sector, real estate industry dynamics, real-estate industry
Microfinance institutions (MFIs’) serve two major needs of the rural poor population in India. These twin needs are the financial and social support to fulfill their needs. One of the most critical salient features of Indian microfinance industry is that most players operate on the lines of Non-Government Organization (NGO) system (Mimo Finance, 2011).
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‘Goods and Services Tax’ (GST) is a unified indirect tax which replacing all the other indirect taxes present in India such as sales tax, Value Added Tax (VAT), entertainment tax and service tax.
Investment in real estate sector, policies to revive real estate, real-estate industry
Group lending is one of the innovative tools used to mitigate credit risk. The outstanding feature of group lending is that no collateral is required to lend loans but the group is responsible for the payback of the loan (EY 2014).
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