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NBFCs in India encounter significant challenges related to the compounded effects of outstanding interest and EMI amounts. Extending loan tenors can provid...
The Liberalised Remittance Scheme in India has undergone significant changes in Tax Collected at Source (TCS). These modifications by RBI aim to streamline...
The Reserve Bank of India's (RBI) Treatment of Wilful Defaulters and Large Defaulters Directions, 2023, is a comprehensive guide that outlines the procedur...
The Reserve Bank of India (RBI), on October 22, 2021, introduced a ground-breaking regulatory framework for Non-Banking Financial Companies (NBFCs) known a...
Notification by (J.P. Sharma) Chief General Manager As part of its efforts to increase transparency, Reserve Bank regulated entities (REs) that are secured...
The notification was issued on 25 September 2023 to:- All commercial banks, such as small finance banks, Local Area Banks and Regional Rural Banks other th...
RBI has issued a notification dated 04.09.2023 allowing the pre-sanctioned credit lines at Banks through the Unified Payments Interface (UPI). The RBI ha b...
What Does the RBI Say? According to the central bank, there should not be capitalization of penal charges, meaning no further interest computed on suc...
Payment aggregators are playing a crucial role in India's digital economy. From small shops to...
India today has set an ambitious goal to become a $5 trillion economy by 2027-28. Although a st...
The Securities and Exchange Board of India (SEBI) works for the proper regulation of the stock...
The Money lending business refers to the act of lending money. It is mandatory to get a license...
Artificial intelligence, or AI, is rapidly changing the image of the financial sector. Banks, N...
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