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The article provides a guideline for Regulatory Framework of FFMC License. The FFMC license is all about the Fully Fledged Money Changer License. The Forei...
The article describes frequently asked questions on money changing activities. The FEMA has described under section 10 that an authorised bank can act as a...
Money Changing Activities is a process in which an institution transforms physical or electronic currency into another country's currency. Different instit...
Under Section 10 of the Foreign Exchange Management Act, 1999[1], the Reserve Bank of India authorizes entities to deal in foreign exchange for specific pu...
Full-Fledged money changers are also known by the name of Authorized Money Changers, which are the entities authorized by the Reserve Bank of India under S...
FFMC License is mandatory for all types of currency exchange business in India. This license is regulated by the RBI. Hence, it is important to know RBI Gu...
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On January 16, 2025, the Reserve Bank of India (RBI) released the list of Non-Banking Financial...
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The Reserve Bank of India, on April 11, 2025, posted a Press Release No. 2025-2026/96 on their...
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