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NBFC

Glance of Audit Report Format for NBFC

dateAug 31, 2020
timeReading Time: 4 Minutes

The audit report is prepared by the in-house auditors of the company. The audit report reflects the financial prowe...

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NBFC

Things you must know about NBFC License Cancellation

dateAug 27, 2020
timeReading Time: 4 Minutes

The number of NBFC across India is reducing drastically, mainly due to the revised criteria for the net owned funds...

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Micro Finance Company

Advantages and Disadvantages of Microfinance Company Registration

dateAug 14, 2020
timeReading Time: 4 Minutes

If you are willing to make a significant investment in Microfinance business, this would probably be your best bet....

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Micro Finance Company

A Complete Checklist of Document for Registering Microfinance Company in India

dateAug 13, 2020
timeReading Time: 4 Minutes

The adoption of any business model in India requires registration under the relevant authority. Whether you want to...

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Music License
Micro Finance Company

Easy guidelines for starting a microfinance company in India

dateAug 12, 2020
timeReading Time: 4 Minutes

Microfinance companies come under the category of financial institutions that render monetary aid to low-income gro...

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FFMC

How to avail new FFMC license: Step by step guide

dateAug 04, 2020
timeReading Time: 4 Minutes

There are many individuals out there who want to engage with the forex trading business for plenty of reasons. The...

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NBFC

When to Surrender NBFC Registration and its effects

dateAug 03, 2020
timeReading Time: 4 Minutes

At end-March 2017, there were 11,522 NBFCs registered with the Reserve Bank, of which 178 were NBFCs-D, and 220 wer...

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FFMC

An Outlook on Revocation of FFMC License

dateAug 01, 2020
timeReading Time: 4 Minutes

FFMCs are the RBI-approved entities that conduct money changing activities in India. Their job is to purchase forei...

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FFMC

Guide on Objectives behind allowing FFMCs Business

dateJul 31, 2020
timeReading Time: 4 Minutes

Overseas individuals, tourists who come to India, often struggle to support their financial activities due to inade...

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FFMC

An Outlook on Benefits, Types and Procedure of FFMC License

dateJul 30, 2020
timeReading Time: 4 Minutes

FFMC License is reserved for those entities that deal with activities of forex trading. The RBI governs the money c...

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FFMC

Regulatory Framework for FFMC License: A Comprehensive Overview

dateJul 11, 2020
timeReading Time: 4 Minutes

Have you ever come across the term Full Fledged Money Changer? Are you aware of the regulations that control the fu...

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FFMC

Guide: Compliances for a Full Fledged Money Changer in India

dateJul 05, 2020
timeReading Time: 4 Minutes

As per the provisions under section 10 of the Foreign Exchange Management Act, 1999, any firms that want to engage...

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NBFC

Section 269SS and 269T applicable to NBFC: RBI

dateJul 04, 2020
timeReading Time: 3 Minutes

On March 9, 2017, RBI announced the inclusion of the section 69SS and 269T to NBFCs. These sections were incorporat...

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NBFC

Guide on Small Finance Bank license

dateJul 01, 2020
timeReading Time: 4 Minutes

Small finance banks primarily set up to support the under-privileged section of the economy, which often fails to a...

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