Core Investment Company
Collective Investment Management Company
Redressal Mechanism and Penalty Provisions against Collective Investment Management Company (CIMC)
A registered Collective Investment Management Company (CIMC) is entitled to raise funds from the public for a particular Scheme. For such scheme, CIMC, in turn, issues them what are called...
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Microfinance Industry
Major Challenges Faced by Indian Microfinance Industry
Micro Finance Institution (MFI) is one type of NBFC which caters to the financial needs of the poorer section of the country mainly it is rural population. Reserve Bank of...
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Prepaid Payment Instruments
A Step to Make PPI System Powerful in India!
Now Fund Transfer between Mobile Wallets through UPI (Unified Payments Interface)! With recent RBI notification, mobile users will be able to transfer money among the mobile wallets. For the very...
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Money-Changing-Business-RBI-Regulation-FFMC
Money-Changing-Business-RBI-Regulation-FFMC
What is Money Changers or Money Changing Activities? Full-Fledged money changers are also known by the name of Authorized Money Changers, which are the entities authorized by the Reserve Bank...
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Asset Reconstruction Companies (ARCs)
What are the Challenges Faced by ARC in Case of NPAs
What are the Asset Reconstruction Companies (ARCs)? An Asset Reconstruction Companies (ARCs) is a specific type of financial institution (having registered with the RBI) purchasing the NPAs or bad assets...
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Microfinance Institutions
Legal and Regulatory Framework for Microfinance Institutions
What are Microfinance Institutions? Microfinance Institutions, as the name suggests, it plans to cater to the financial need of the smallest strata (low-income group) of the society. The smallest category...
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