Ever wondered what happens to shares which remain unclaimed for a long time? It might happen that you have brought penny shares of a company a long time ago or your parents have brought shares and then forgot about it over the years. Most of the time, parents forget to inform their children, or people themselves forget about these shares thinking that they won't fetch any profit. But sometimes these penny shares and their respective companies grow manifolds over the years and the…

Unclaimed shares and dividends are something which every investor wants to prevent. It causes them to not receive any return on the investment made by them just because they forget to claim their dividends on time. It becomes a liability for both the company and the investor in a way that the company is liable to the investor to deliver profits in the form of dividends on time and the investor is liable to claim all that dividend on time. If not, then it will cause the company to maintain…

NBFCs and Microfinance institutions are small sizes financial institutions compared to the scheduled banks. NBFCs are regulated by the provisions of the RBI Act and are registered as a company under the Companies Act. But the MFIs are termed as a self-regulating body. There are some other fundamental differences between NBFCs and Microfinance institutions. Let’s understand them in the following sections.

Understanding NBFCs



Non-Banking Financial Company refers to companies…