In recent times, online payments and cashless transactions have gained a lot of popularity owing to the ease with which they get done. Nowadays, people hardly carry any cash and...
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On 3rd March 2016, the Reserve Bank of India had sought shareholders’ comments on the “Draft Regulatory Framework for Account Aggregator Companies to promote Consolidated Viewing of Financial Asset Holding.”...
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NBFCs (Non-Banking Financial Companies) are the type of companies which provide banking services like loans and advances, acquisition of stocks/bonds/shares/securities/debentures. They are incorporated as per Companies Act 2013 and regulated...
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Non-Banking Financial Company Non-Banking Financial Company (NBFC) is an essential segment in the financial sector.They are registered under the Companies Act and regulated under the RBI Act. NBFC is used...
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The thought of starting a currency exchange business must have crossed your mind as there are higher chances of earning substantial profits in it. Though recently there has been a...
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RBI framed a well structured regulatory platform of Peer to Peer lending operators. Abbreviated as P2P, Peer to Peer is an online service portal for lending money that matches the...
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When individuals having common economic, social, and cultural interests voluntarily come together to form an association, it turns into the establishment of a co-operative society. The central motive of co-operative...
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The Reserve Bank of India has recently issued new guidelines for all the financial organizations from Non-Banking Financial Companies (NBFCs) to Fin-tech firms and Housing Finance Companies (HFCs). As per...
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In an age of ever-growing competition & changing fast-paced technologies, the existing business houses face several challenges that question their mere existence. Corporates need to undergo structural modification to save...
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Non-Banking Financial Companies have emerged as an alternative for banks in terms of raising funds for individuals as well as businesses. NBFCs also deploy funds to MSMEs in India. These...
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