Import of Medical Equipment to Test COVD-19 In India
by Vinay Singh on 2021-08-08
As it is a global emergency – According to the report on January 30 of WHO , this outbreak is a global health emergency, raising the alarm further on March 11 when it declared the crisis a pandemic.
Authorized Money Changer License
by Vinay Singh on 2021-08-08
As per Section 10 of Foreign Exchange management Act 1999, an Authorised Money Changers/ AMCs are entities who are authorised by the Reserve Bank of India (RBI)
COVID-19 MCA Compliance
by Vinay Singh on 2021-08-08
COVID-19 (Corona Virus Disease) has been started from Hubel province in central china and now it has been spread globally in the world. The virus is spread from one person to another. Over lacs of people has been affected from this virus and no vaccine has been developed till now.
EVERYTHING ABOUT NBFC FUNDING IN INDIA
by Vinay Singh on 2021-08-08
BANK FINANCE TO NBFCs: Banks are allowed to cover working capital facilities along with term loans to all NBFCs registered with RBI. Between Sep 2018 and 2019, banks have funded Rs 1.9 lakh crore to the non-bank sector, growing their portfolios by nearly 40 per cent, as per the latest data of RBI.
Strategy for NBFCs in 2020
by Shamshad Alam on 2021-08-08
It is apparent that, in the last few months, the Non-Banking Financial Companies have witnessed a keen liquidity calamity, and a bid to support the lending condition both center and the RBI have taken quite a few measures. While the big ticket NBFCs - AA category are in an improved position to deal with the present issues, the smaller ones have been largely affected. Examining this crisis and the hurdles, Rashi Aditi Ghosh of Elets News Network (ENN) determines what is in store for the non-banking financial companies for the year 2020. What is their strategy for existence?
How to get NBFC Account Aggregator License?
by Vinay Singh on 2021-08-08
NBFC Account Aggregators are organizations that facilitate allocation of data from numerous financial sector organizations and act as “consent brokers”, they transit data transfer among the financial organizations with the approval of the client. This was declared by the Reserve Bank India in September 2016 stating master directions for a new class of NBFCs called Account Aggregators.