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,...

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...

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,...

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....

Shivi Gupta

| Updated: Jun 16, 2020 | Category: FFMC

Authorised Money Changer Audit: FFMC License Audit Requirements

The activities relating to foreign currency or money exchange can only be undertaken by Authorised Money Changers, who hold the FFMC or Full-Fledged Money Changer License. Any business who holds...

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Shivi Gupta

| Updated: Jun 13, 2020 | Category: NBFC, RBI Advisory

Effects of COVID-19 on NBFC Sector in India

This article talks about the pre-coronavirus NBFC sector, the effects of COVID-19 on NBFC and the measures which can be taken by NBFCs in India to manage the coronavirus impact...

Shivi Gupta

| Updated: Jun 10, 2020 | Category: NBFC, RBI Advisory

NBFC vs Banks: The Best Option for Getting Loans in India

NBFC vs Banks: A person or business venture may require financial assistance at an important stage of their personal or professional life. The Indian banking and financial sector has played...

Shivi Gupta

| Updated: Jun 06, 2020 | Category: NBFC

Minimum Capital Requirement for NBFC: Complete Guide to Start an NBFC in India

The banking and financial sector in India is one of the most essential and pro-development sectors of the country. The entry of Non-Banking Financial Companies (NBFCs) has led to an...

Shivi Gupta

| Updated: Jun 05, 2020 | Category: FFMC

Money Changer License: Eligibility and Application Process in India

Foreign exchange is crucial for a country to stay in the global trade mixture. Foreign exchange deals with trade of foreign currency in case of any transaction that happens internationally....

Shivi Gupta

| Updated: Jun 03, 2020 | Category: Microfinance Company, NBFC

How to Start a Small Finance Company in India: Complete Checklist

India is a rapidly developing economy, with a diverse population and a large bank of talent. However, a significant portion of the country’s population resides in rural and semi-urban areas,...

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