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The Knowledge Corner
Authorised Money Changer License
Shivani Jain
| Updated: Dec 04, 2020 | Category: FFMC

Authorised Money Changer License: Concept and Scope in India

In India, RBI has the authority to hold all the essential assets, such as Forex or Foreign Exchange Reserves in the form of Foreign Currencies. Further, these assets are responsible...

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Payment Gateway meaning & process
Sanchita Choudhary
| Updated: Oct 27, 2020 | Category: Payment Gateway System

Meaning and Process of Online Payment Gateway in India 2020

Online payment has become an integral part of our life in no time. Today when everything is just a click away from the consumers, every online business platform provides the...

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NBFC DSA Registration
Shivani Jain
| Updated: Sep 01, 2020 | Category: NBFC, RBI Advisory

NBFC DSA Registration: A Guide on NBFC Direct Selling Agent

The term “NBFC DSA Registration” denotes the registration of a person who works as a referral agent for NBFCs and Banks. However, in rural areas, these people are known as...

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NBFC Gold Loans
Shivani Jain
| Updated: Aug 10, 2020 | Category: NBFC, RBI Advisory

NBFC Gold Loans: A Complete Guide on Gold Loans

The term “NBFC Gold Loans” denotes a secured loan that a person can obtain by pledging or keeping the gold jewellery as Collateral with the NBFC. Further, the term “person”...

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CA Service Provider in India
NBFC Business Loans
Shivani Jain
| Updated: Aug 07, 2020 | Category: NBFC, RBI Advisory

NBFC Business Loans: Reasons to Choose Them Over Bank Loans

The term “NBFC Business Loans” denotes financial support given by the NBFCs to Business Ventures, whether operating at a large scale or as MSME in India. Earlier, the traditional banks...

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NBFC Home Loans
Shivani Jain
| Updated: Aug 06, 2020 | Category: NBFC

NBFC Home Loans: How It Is Better Than Bank Home Loans?

Nowadays, the trend of choosing NBFC Home Loans over Bank Home Loans is rising swiftly. The main reason behind the rise is the accessibility of loans to borrowers. However, there...

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NBFC vs Banks
Shivani Jain
| Updated: Jun 23, 2020 | Category: NBFC

NBFC vs Banks: How NBFCs Are Bridging Banking Loopholes in India

Loans have become an essential part of availing immediate financial assistance, be it for personal use or business purposes. Loans may be used to boost business, handle some personal emergency,...

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Money Changer License from RBI
Shivani Jain
| Updated: Jun 22, 2020 | Category: FFMC

Money Changer License from RBI: Complete Guide on AMC License

The Foreign Exchange Reserves or Forex are the essential assets held by the RBI in foreign currencies. These assets influence the country’s monetary policy, international trade and exchange rate. To...

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NBFC License Registration
how money changers work
Shivi Gupta
| Updated: Jun 20, 2020 | Category: FFMC

Authorised Money Changer Activities: How Money Changers Work

The business of foreign exchange or foreign securities can only be undertaken by Authorised Money Changers, who have obtained the Full-Fledged Money Changer License from the RBI. In this guide,...

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importance of NBFCs
Shivi Gupta
| Updated: Jun 18, 2020 | Category: NBFC

Importance of NBFCs: A Priority Sector for the RBI

India is one of the largest economies in the world and has recently witnessed a quick escalation in the growth of numerous industries such as infrastructure, education, healthcare and technology....

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