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 Reserve Bank of India (RBI), on 15.03.2021, has passed a Notification No RBI/2020-21/ 107 DPSS.CO.RPPD.No.SUO 21102/04.07.005/2020-21, which states that the Apex Bank has extended the Cheque Truncation System across...
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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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NBFCs or Non-Banking Financial Companies make their path to the financial market many years back, and still, they are playing a praiseworthy role in serving the lower sections of society...
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Recently, the Reserve Bank of India (RBI), by way of Notification No RBI/2020-21/ 106/ DoR.FIN.REC.46/20.16.056/2020 – 21, issued on 12.03.2021, has notified a Data Format for Furnishing of Credit Information...
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In the last few years in India, the financial sector has observed a rapid transformation, and NBFCs or Non-Banking Financial Companies plays a vital role in that growth. Non-Banking Financial...
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After implementing GST (Goods and Service Tax) in India, it brings a significant change from the present tax regime. Unlike the past tax regime, it is completely free and transparent...
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Recently the Reserve Bank of India (RBI), by way of Press Release No 2020 – 2021/ 1161, issued on 26.02.2021, has directed an extension in the Time Limit for Authorisation...
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