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NBFC must comply with both the RBI and the Companies Act 2013 requirements to operate. Even though both regulators work best together when possible, this i...
The Reserve Bank has issued guidelines to banks regarding matters relating to relief measures to be provided in areas affected by natural calamities. It ha...
The Reserve Bank of India, acting in accordance with the authority granted to it by Section 45 L of the Reserve Bank of India Act, 1934, and to establish t...
Accounting Standard 22's main goal is to specify how income taxes should be treated in accounting. Taxable and accounting income may differ greatly, making...
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...
Non-Banking Financial Organisations play a critical role in offering a variety of financial services to various of financial services to various categories...
The concept behind the establishment of the CGST Act was one nation: one tax for manufacturing, trading, and services. Before GST, the tax regime was gross...
A Non-Banking Financial Company (NBFC) is registered under the company law and governed by the RBI. It is mainly engaged in those businesses to provide adv...
India's digital payment system is growing rapidly. Now, many businesses are getting involved in...
AI is becoming an important part of banking, payments, securities markets, and financial servic...
The RBI has brought a change in the concentration of risk norms for NBFCs involved in infrastru...
The Securities and Exchange Board of India (SEBI) has recently proposed some important changes...
FIU-IND, or Financial Intelligence Unit – India, is an important financial intelligence agenc...
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