Banks and Non-Banking Financial Companies (NBFCs) are a vital part of any financial system. NBFCs are the privately...
Continue Reading The audit report is prepared by the in-house auditors of the company. The audit report reflects the financial prowe...
Continue Reading The number of NBFC across India is reducing drastically, mainly due to the revised criteria for the net owned funds...
Continue Reading If you are willing to make a significant investment in Microfinance business, this would probably be your best bet....
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The adoption of any business model in India requires registration under the relevant authority. Whether you want to...
Continue Reading Microfinance companies come under the category of financial institutions that render monetary aid to low-income gro...
Continue Reading There are many individuals out there who want to engage with the forex trading business for plenty of reasons. The...
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At end-March 2017, there were 11,522 NBFCs registered with the Reserve Bank, of which 178 were NBFCs-D, and 220 wer...
Continue Reading FFMCs are the RBI-approved entities that conduct money changing activities in India. Their job is to purchase forei...
Continue Reading Overseas individuals, tourists who come to India, often struggle to support their financial activities due to inade...
Continue Reading FFMC License is reserved for those entities that deal with activities of forex trading. The RBI governs the money c...
Continue Reading Have you ever come across the term Full Fledged Money Changer? Are you aware of the regulations that control the fu...
Continue Reading As per the provisions under section 10 of the Foreign Exchange Management Act, 1999, any firms that want to engage...
Continue Reading On March 9, 2017, RBI announced the inclusion of the section 69SS and 269T to NBFCs. These sections were incorporat...
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