RBI Registration

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FEMA

Reporting of External Commercial Borrowings: A Comprehe...

External Commercial Borrowings

External Commercial Borrowings (ECBs) are loans taken by Indian entities from foreign sources for various purposes such as capital expenditures, refinancin...

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Micro Finance Company

Micro Finance Scheme: NMDFC

Micro Finance Scheme: NMDFC

The National Minorities Development and Finance Corporation has launched its micro finance scheme for minorities for their holistic development. The scheme...

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RBI Registration

RBI Review of Regulatory Framework on Asset Reconstruct...

Asset Reconstruction Company

An Asset Reconstruction Company is a financial institution that buys Non-performing Asset from financial institution and banks. In other words, the ARC buy...

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FEMA

Guide to Foreign Liabilities and Asset Return Filing...

Foreign Liabilities and Asset Return

The Foreign Liabilities and Asset Return filing is mandatory to be made with the RBI and is mandated under the Foreign Exchange and Management Act, 1999[ef...

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RBI Registration

Key Updates:RBI Master circular on Asset Reconstruction...

Asset Reconstruction Company

The RBI is the apex body that regulates the financial market in India. To protect the investors' interest and use the advantage for the country's benefit,...

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FEMA

Tax implications on Gifting Shares

Gifting Shares

The transfer is a process whereby one person delivers to another any property. The delivery of property according to Income Tax Act, 1961[1] will attract t...

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RBI Registration

Eligibility for Small Finance Banks to do Authorised De...

Eligibility for Small Finance Banks

The Government of India regularly issues guidelines to facilitate the business of forex exchange transactions to the residents and non-residents visiting I...

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Prepaid Wallet License

Prepaid Wallet Interoperability: What RBI’s Master Di...

Prepaid Wallet Interoperability

Government of India and the Reserve Bank of India (RBI) have taken several steps and initiated frameworks for encouraging digital payments.The roll outs of...

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