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RBI extends timeline for Payment Aggregators
Kandarp Vanita
| Updated: Apr 23, 2021 | Category: RBI Advisory

RBI extends timeline for Payment Aggregators

Through its notification dated 31st March, the Reserve Bank of India has revised the guidelines on Regulation of Payment Gateways and Payment Aggregators in which the RBI as a one-time...

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Limits for FPI Investment in Corporate Bonds for F.Y. 2021-22 by RBI
Karan Singh
| Updated: Apr 19, 2021 | Category: RBI Advisory

Limits for FPI Investment in Corporate Bonds for F.Y. 2021-22 by RBI

On March 31, 2021, the Reserve Bank of India (RBI) has released an RBI/2020-21/116 A.P. (DIR Series) Circular No. 14 for the Limits for FPI Investment in Corporate bonds for...

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RBI Introduced (Digital Payment Security Controls) Directions 2021
Shivani Jain
| Updated: Apr 16, 2021 | Category: News, RBI Advisory

RBI Introduced (Digital Payment Security Controls) Directions 2021

Going by the well-known role being played by the digital payment mechanisms in India, RBI (Reserve Bank of India) gives the highest standing to the security controls around it. As...

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Foreign Investment
Karan Singh
| Updated: Apr 12, 2021 | Category: NBFC

A Comprehensive Analysis on Foreign Investment Criteria for NBFCs

The provisions of foreign exchange are controlled by FEMA, 2000, and the operations of Non-Banking Financial Companies (NBFCs) are regulated by the RBI (Reserve Bank of India) within the context...

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Liquidity Scheme for NBFCs
Karan Singh
| Updated: Apr 10, 2021 | Category: NBFC

A Comprehensive Analysis on Special Liquidity Scheme for NBFCs or HFCs

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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NBFC impact
Karan Singh
| Updated: Apr 09, 2021 | Category: NBFC

NBFC Impact on Vehicle and Housing Loan Sector – An Overview

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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Conversion of NBFC into a Bank
Karan Singh
| Updated: Apr 09, 2021 | Category: NBFC

A Complete Guide on the Conversion of NBFC into a Bank

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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Investment and Credit Company
Karan Singh
| Updated: Apr 08, 2021 | Category: NBFC

All You Should Know about Investment and Credit Company

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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Acquisition of control in NBFC
Karan Singh
| Updated: Apr 06, 2021 | Category: NBFC

A Complete Guide on the Roles of Reserve Bank in Acquisition of Control in NBFC

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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Risk Based Internal Audit
Shivani Jain
| Updated: Apr 01, 2021 | Category: NBFC

Framework of Risk Based Internal Audit will be Applicable on NBFCs and UCBs

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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