Finance

The Reserve Bank of India issued a principle-based resolution framework for addressing defaults from borrowers owing to Covid-19 related stress. The resolu...

The finance ministry recently decided to extend the Emergency Credit Line Guarantee Scheme to individuals. It has also allowed loans to larger MSMEs (Micro...

The Union government has launched PM-SVANidhi- Pradhan Mantri Street Vendor’s Atmanirbhar Nidhi, which is a micro credit scheme for providing affordable...

Recently, the Reserve Bank of India came up with a modified framework for Financial Market Infrastructure and Retail Payment Systems to ensure the safety a...

This year countries all across the globe have witnessed unprecedented turmoil due to the impact of the Covid-19 pandemic. Many industries have been hardly...

The Reserve Bank of India issued a notification for an amendment to Master Direction on KYC (Know Your Customer) wherein the regulated entities must carry...

What is RoDTEP Scheme? The Remission of Duties or Taxes on Export Products (RoDTEP) Scheme has been formed by the Indian government. It is a scheme that re...

What is Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)? It is one of the government-sponsored schemes for Micro, Small and Medium Ent...

Every organization requires a practical framework for corporate governance. Similarly, governance for banks is crucial for the development of banking activ...

Where a lender (banks or NBFCs) lends its money as a loan to a person, the lender seeks to be assured about the person to whom such loan is granted.......

The Central KYC (Know Your Customer) Registry is a centralized depository of KYC documents of the customers benefiting from various services of the financi...

The concept of forecasting makes utilization of past data to predict future outcomes. Forecasting is a vital mechanism widely used to make financial and ma...