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NBFC Crisis Indian Economy
Khushboo Priya
| Updated: Sep 16, 2019 | Category: NBFC, RBI Advisory

Impact of NBFC Crisis on Indian Economy & its Aftermaths

In the last few months, the NBFC Crisis on Indian Economy has gathered much limelight. Especially, small NBFCs are struggling hard with asset-liability disparity amidst several corporate governance issues. Although...

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Prepaid Wallet License in India
Monisha Chaudhary
| Updated: Sep 06, 2019 | Category: Prepaid Wallet, RBI Advisory

How to obtain Prepaid Wallet License in India?

It is often observed that people confuse Prepaid Wallet with Digital Wallets. However, both of them are different. As we are well aware of the digital wallets, in this blog,...

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become a Payment Gateway Service Provider
Khushboo Priya
| Updated: Sep 05, 2019 | Category: Payment Gateway System, RBI Advisory

How to become a Payment Gateway Service Provider in India?

Nowadays, the world has become quite a technology savvy. Whether we want to eat something or have to purchase any cloth, gadgets, etc. everything is now done at just one...

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Compliances for FFMC License in India
Khushboo Priya
| Updated: Aug 23, 2019 | Category: FFMC, RBI Advisory

Compliances for FFMC License in India

According to Section 10 of the Foreign Exchange Management Act, 1999, any business that seeks to engage itself in the money changers activity must acquire FFMC License in India. Along...

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Advantages and Disadvantages of P2P Lending
Khushboo Priya
| Updated: Aug 19, 2019 | Category: Peer to Peer lending

Advantages and Disadvantages of P2P Lending

In the past few years, P2P Lending has made rapid progress and is one of the fastest-growing sectors of alternative lending. As of now, the current worth of India’s P2P...

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rbi norms for semi closed wallet
Gonica Verma
| Updated: Jul 29, 2019 | Category: Prepaid Wallet, RBI Advisory

What are the RBI Norms for Semi Closed Wallet?

In India, Semi closed wallets like PayTM, Mobikwik; Phone Pay, etc. have gained massive importance in the lives of people. Nowadays, people prefer e-wallets or online modes for their transactions...

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Challenges-before-NBFCs-in-India
Khushboo Priya
| Updated: Jul 20, 2019 | Category: NBFC

Challenges faced by Entrepreneurs while Starting an NBFC in India

Over the past few years, the NBFC in India has undergone a drastic transformation, and the sector has now become a systemically essential component of the financial system. Despite the...

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The time required to get FFMC license
Gonica Verma
| Updated: Jul 06, 2019 | Category: FFMC

Time Required for Obtaining FFMC License in India

FFMC, an acronym used for Full-Fledge Money Changer, is the third category of Authorized Dealer (AD) of AMCs (Authorized Money Changers) apart from AD- Category 1 (Banks) & AD- Category...

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NBFC Registration Fees
Khushboo Priya
| Updated: Apr 15, 2019 | Category: NBFC, RBI Advisory

NBFC Registration Fees in India: Reasons why it is so high

One of the biggest ordeals for every NBFC owner is the NBFC registration fees. Undoubtedly, the NBFC fee is quite high, and hence, everybody intending to register their business as...

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NBFCs new governance
Khushboo Priya
| Updated: Mar 07, 2019 | Category: NBFC, News

NBFC’s New Governance, Exposure Code: RBI to announce the changes soon

As per the recent reports of Business Standard, the RBI (Reserve Bank of India) is soon going to draw up a new law or regulation for Non-Banking Financial Companies (NBFCs)....

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