Investment Banking Opportunities in India
Are the IFSC Code and Swift Code same? The answer is No. Let’s know about the basic difference between them. The IFSC is needed while transactions within the country and SWIFT code is needed during international fund transfer.
For example, IFSC code enables to identify the transaction within the country and Swift code enables to transfer money to banks abroad.Swift code can be used to transfer money abroad for further processing if banks are willing to receive it. SWIFT code allows sending money in international bank transfer to another bank.
Processing fee of transferring funds through Swift code is much lower than sending it through IFSC. After this process, money goes through the entire process in a shortest time.
This is due to using multiple currencies with no errors and maximum speed with some connection errors. Same goes for IFSC but there is no possibility of receiving money within country.
While most of the startups focus on consumer lending, the startup focuses on higher risk lending. The startup targets small and medium businesses in the space.
It offers investment opportunities in India as a high-growth sectors like renewable energy and infrastructure. The startup’s focus on special situations and alternate investment opportunities is a key factor in its ability to attract high risk lending opportunities.
Other startups focused on investment banking opportunity include Capbridge, Elevin Investment, Plan2Profit. These startups have taken a different approach to investment banking services.
Their focus is to help investors take the best opportunity in the market and convert that opportunity into investments.
By providing these high risk loans to small businesses, the startups help investors take a high opportunity opportunity in the market and convert that into investments in high potential companies. The startups offer advisory and other services.
What is the future of Investment Banking in India? [Updated 2021]
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