In India, the Reserve Bank of India permits two banking licenses to financial organisations for different objectives and provides financial services to various clients. Besides the Universal Bank License, commercial...
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After the massive crisis in the IL&FS (Infrastructure Leasing & Financial Services Limited), it is an Indian infrastructure development & financial company; RBI introduced a robust regulation. However, relatively more...
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NBFC (Non-Banking Financial Company) is a financial company that offers financial and banking services, and it is regulated by the RBI (Reserve Bank of India) within the structure of the...
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The RBI (Reserve Bank of India) announced guidelines for co-operative banks to handle risks that will increase from outsourcing of financial services by co-operative banks in India. The RBI said...
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The acceptance of any business model or plan in India needs registration under significant authority. Whether you desire to start a manufacturing unit of electronic items or establish a finance...
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The Reserve Bank of India has recently announced the notification for the appointment of statutory auditors of NBFCs and banks. The guidelines for the selection of statutory auditors of commercial...
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Payment bank is a new type of financial institution which is analysed and examined by the Reserve Bank of India. These banks are allowed to accept a deposit amount of...
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Before we go through all the essential documents required for FFMC License, it is vital for you to understand the meaning of FFMC. An FFMC stand for Full Fledged Money...
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The Reserve Bank of India has issued a notification concerning the extension of risk based Internal Audit Rules to all non-deposit taking and deposit-taking Housing Finance Companies with assets not...
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The RBI (Reserve Bank of India) released guidelines that state the criteria for NBFCs to declare dividends. The RBI (Reserve Bank of India) claimed that the new rules are framed...
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