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Title: :  A Study on NBFC in India: Peerless Financial Service Limited
PaperId: :  19147
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 9 Issue 1 2023
DUI:    16.0415/IJARIIE-19147
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Ankita KunduAmity University Kolkata
HARSHA TIWARYAmity University Kolkata

Abstract

Financial Economics
Finance, NBFC, Peerless Finance
Peerless takes pride in its humble beginnings as Peerless Finance is part of the Kolkata-based Peerless Group Established in 1988; it is an NBFC registered with RBI. Peerless Finance, for the past 35 years has been striving to carry forward the legacy of its parent, driven by values, transparency, and integrity, with the sole objective of total customer satisfaction and service delivery on the customer's doorstep. Some of loan product offerings are Loans to Professionals, Equipment Finance, Loan Against Salary, and Business loans. This study analyses the changing patterns of the total amounts sanctioned in the first quarter of FY 2022-23 by Peerless Financial Services Limited (PFSL). Further, the paper has also aimed to analyse the determinants that influence the Interest accrued by Peerless Financial Services Limited. To measure the mentioned changes, cross-sectional secondary data was collected from the database of Peerless Financial Services Limited. The data collected has been analysed using MS Excel and Stata 11.1. The study's findings reveal that sanctioned amount, number of days, and rate of Interest significantly affect the Interest accrued. The firm is very young in the field NBFC presently but it is growing at a very pace.

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IJARIIE Ankita Kundu, and HARSHA TIWARY. "A Study on NBFC in India: Peerless Financial Service Limited" International Journal Of Advance Research And Innovative Ideas In Education Volume 9 Issue 1 2023 Page 1127-1132
MLA Ankita Kundu, and HARSHA TIWARY. "A Study on NBFC in India: Peerless Financial Service Limited." International Journal Of Advance Research And Innovative Ideas In Education 9.1(2023) : 1127-1132.
APA Ankita Kundu, & HARSHA TIWARY. (2023). A Study on NBFC in India: Peerless Financial Service Limited. International Journal Of Advance Research And Innovative Ideas In Education, 9(1), 1127-1132.
Chicago Ankita Kundu, and HARSHA TIWARY. "A Study on NBFC in India: Peerless Financial Service Limited." International Journal Of Advance Research And Innovative Ideas In Education 9, no. 1 (2023) : 1127-1132.
Oxford Ankita Kundu, and HARSHA TIWARY. 'A Study on NBFC in India: Peerless Financial Service Limited', International Journal Of Advance Research And Innovative Ideas In Education, vol. 9, no. 1, 2023, p. 1127-1132. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/A_Study_on_NBFC_in_India__Peerless_Financial_Service_Limited_ijariie19147.pdf (Accessed : 13 November 2023).
Harvard Ankita Kundu, and HARSHA TIWARY. (2023) 'A Study on NBFC in India: Peerless Financial Service Limited', International Journal Of Advance Research And Innovative Ideas In Education, 9(1), pp. 1127-1132IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/A_Study_on_NBFC_in_India__Peerless_Financial_Service_Limited_ijariie19147.pdf (Accessed : 13 November 2023)
IEEE Ankita Kundu, and HARSHA TIWARY, "A Study on NBFC in India: Peerless Financial Service Limited," International Journal Of Advance Research And Innovative Ideas In Education, vol. 9, no. 1, pp. 1127-1132, Jan-Feb 2023. [Online]. Available: https://ijariie.com/AdminUploadPdf/A_Study_on_NBFC_in_India__Peerless_Financial_Service_Limited_ijariie19147.pdf [Accessed : 13 November 2023].
Turabian Ankita Kundu, and HARSHA TIWARY. "A Study on NBFC in India: Peerless Financial Service Limited." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 9 number 1 (13 November 2023).
Vancouver Ankita Kundu, and HARSHA TIWARY. A Study on NBFC in India: Peerless Financial Service Limited. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2023 [Cited : 13 November 2023]; 9(1) : 1127-1132. Available from: https://ijariie.com/AdminUploadPdf/A_Study_on_NBFC_in_India__Peerless_Financial_Service_Limited_ijariie19147.pdf
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