Today, NBFCs are rising very fast as an integral part of the Indian Financial System, but when you look back at the history of NBFCs, they have started at a...
MOREThe Non Banking Financial Companies (NBFC) plays a very important role in contributing towards the growth of the Indian financial system. It helps the individuals with their financial needs and...
MORE“NBFC”, whenever we hear this term, it makes us realize that it a company incorporated under the provisions of the Companies Act 2013, but for regulation, the owner needs to...
MOREThe developing country like India is struck with poverty which results in creating hurdles in the progress of the country. The major reason for the widespread poverty in India is...
MOREThe introduction of GST (Good and Services Tax) has been a huge innovation in the history of the tax regime in India. With GST replacing the old indirect tax regime...
MOREMicro Finance Companies are the financial institutions that provide finances to the people who have low income and the financial requirement is less as compared to the other sectors of...
MOREIn India, the concept of Nidhi Company is emerging as a popular trend, as it the cheapest way to incorporate an NBFC or Non Banking Financial Company. It shall be...
MOREIn India, the concept of NBFC has made its presence six decades back, i.e., around 1960, and since then this lending structure is playing a significant role in serving the...
MOREAny company or an individual who wants to carry out forex activities, such as trading or exchange needs to first obtain FFMC Registration from RBI. Further, a Full Fledged Money...
MOREA Full-Fledged Money Changer is an entity that is approved by the Apex Bank, i.e., RBI, to conduct Money Changing Activities in India. They mainly purchase foreign exchange from the...
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