The Authorised Money Changers or AMCs are the companies that have obtained FFMC (Full Fledged Money Changer License) under section 10 of FEMA 1999[1] from RBI. Further, in India, an...
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P2P is a term used for peer to peer which is a platform where the people can lend as well as borrow from each other. Usually, where the borrowers are...
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In order to promote and encourage high quality and constant implementation of the Indian Accounting Standards or AS, as well as to facilitate comparison and improved supervision, the RBI (Reserve...
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In India, NBFC or Non Banking Financial Company works at a crucial position as it not only offer loans and assistance to weaker sections but provides sound financial growth to...
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A Non- Banking Financial Company (NBFC) is a financial institution engaged in the business of loans and advances, acquisition of stocks, shares, debentures, bonds, securities issued by the government or...
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Non- Banking Financial Company (NBFC) is a company registered under the Companies Act, 2013. NBFC is involved in the business of loans and advances, acquisition of stocks, shares, debentures, securities...
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In India, the authority to hold the essential financial assets, like Foreign Exchange Reserves or Forex, in the form of foreign currencies is with the Apex Bank. These foreign assets...
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