To develop the liquidity position of NBFCs (Non-Banking Financial Company) or HFCs (Home Finance Company), the Union Minister for Finance and Corporate Affairs has announced a Special Liquidity Scheme for...
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In recent years, India's Economy has faced numerous banking frauds done by huge organizations or associations, which creates a liquidity crisis in the financial sector. The Government of India has...
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Various firms in India are directed by different provisions. If a specific company is formed as a public or Private Limited Company and the primary objective of the company is...
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On February 22, 2019, the Reserve Bank of India had released a notification that combined three different classifications of Non-Banking of Financial Companies (NBFCs) into one called NBFC- Investment and...
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NBFC or Non-Banking Financial Company is mostly a money loaning or advancing or lending company that operates as per the provisions of the Reserve Bank of India (RBI). Such financial...
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The Reserve Bank of India (RBI) on 03.02.2021, by way of Notification No DoS. CO. PPG. / SEC. 05/ 11.01.005/ 2020-21 has increased the applicability of Risk Based Internal Audit....
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A Non-Banking Financial Company or NBFC plays an essential role in the growth of a nation's economy. However, in the last few years, this sector has faced many challenges due...
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NBFC or Non-Banking Financial Company is one of the primary contributors to the economy of India. Over the previous years, this financial company has observed outstanding growth owing to its...
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In recent years, the Non-Banking Financial Companies (NBFCs) have achieved unmatched value in the financial area because of hassle-free advancement or loaning. These financial companies are generally pushed to distribute...
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The RBI or the Reserve Bank of India has issued a notification for a modification to Master Director on KYC wherein the regulated companies must occasionally carry out Terrorist Financing...
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