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Business Loan

At Riddhi Siddhi Multi Servicces, our employees share their expertise, creativity and ideas to create the highest quality Business Loans solutions.

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Project Loan

At Riddhi Siddhi Multi Services, our lawyers succeed in successful project loan solutions and top qualifications in the field of financial needs.

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Mortgage Loan

Riddhi Siddhi Multi Services - offering Mortgage loan services with stunning intelligent Solutions to achieve and maintain your business top rankings.

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Riddhi Siddhi Multi Services - OHSAS 18001

The OHSAS 18001 internationally recognized business, health and safety management system series is standard. The OHSAS 18001 standard is based on the same ISO 9 001 and ISO 14001 scheme - DO - Check - Act structure. In order to obtain certification for OHSAS 18001, an organization must have a health and safety management system in line with the requirements of the OHSAS 18001 standard. To make sure the standard is a safety net organization, a company needs appropriate health and safety policies, procedures and protocols.

Riddhi Siddhi Multi Services believe in customer satisfaction and we receive it by providing the right result. Our business loan solutions company team is highly skilled and with their years of experience, they are able to execute a project that looks challenging with endurance and quality work. We have 30+ dedicated finance professionals and lawyers who regularly update themselves with the changes of new laws.

CEO, Riddhi Siddhi Multi Services

Riddhi Siddhi Multi Services overview on Non-banking finance companies

Non-banking finance companies (NBFCs) form an integral part of the Indian financial system. They play an important role in nation building and financial inclusion by complementing the banking sector in reaching out credit to the unbanked segments of society, especially to the micro, small and medium enterprises (MSMEs), which form the cradle of entrepreneurship and innovation. NBFCs’ ground-level understanding of their customers’ profile and their credit needs gives them an edge, as does their ability to innovate and customize products as per their clients’ needs.

However, NBFCs functions under certain regulatory constraints, which put them at a disadvantage vis-à-vis banks. While there has been a regulatory convergence between banks and NBFCs on the asset side, on the liability side, NBFCs still do not enjoy a level playing field. This needs to be addressed to help NBFCs realize their full potential and thereby perform their duties with greater efficiency. Moreover, with the banking system clearly constrained in terms of expanding their lending activities, the role of NBFCs becomes even more important now, especially when the government has a strong focus on promoting entrepreneurship so that India can emerge as a country of job creators instead of being one of job seekers. Innovation and diversification are the important contributors to achieve the desired objectives.

The NBFC sector in India has undergone a significant transformation over the past few years. Riddhi Siddhi Multi Services constantly working with those to provide vast financing solutions. It has come to be recognized as one of the systemically important components of the financial system and has shown consistent year-on-year growth.

With the increasing strain because of mounting bad debts in the public sector, their capacity to provide loan (particularly in rural areas) is only going to decrease thereby providing NBFCs with the opportunity to increase their presence. The success of NBFCs can be clearly attributed to their better product lines, lower cost, wider and effective reach, strong risk management capabilities to check and control bad debts, and better understanding of their customer segments. Not only have they shown success in their traditional bastions (passenger and commercial vehicle finance) but they have also managed to build substantial assets under management (AUM) in the personal loan and housing finance sector which have been the bread and butter for retail banks. We, at Riddhi Siddhi Multi Services, believe that it will be interesting to see how the NBFC sector and the regulator work with each other to usher in an era of financial inclusion.

Factors contributing to the growth of NBFCs:

  • Stress on public sector units (PSUs)
  • Latent credit demand
  • Digital disruption, especially for micro, small and medium enterprises (MSMEs) and small and medium enterprises (SMEs)
  • Increased consumption
  • Distribution reach and sectors where traditional banks do not lend

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