In this announcement, the RBI clarified its guidelines on branches and the appointment of agents to collect deposits for NBFC to also extend to deposit taking HFC.The RBI on Monday came out with revised regulations for the deposit accepting ....
Read MoreThe largest India’s non banking finance company by market capitalisation is keen on borrowing up to $500 million overseas, people close to the development said, joining a clutch of shadow financiers seeking external funds as local sources drie....
Read MoreThe income tax department only has a month till the new reassessment law will be implemented on 1st September 2024. The assessment officers are in a rush to send out tax notices to taxpayers who have not paid their taxes properly in the previous....
Read MoreWe are now back to the time of the year when everyone is rushing to file their taxes. At such a crucial time, while many individuals are struggling to file their taxes online due to browser incompatibility and at times even server issues, there ....
Read MoreBanking on the recommendations made in the paper, the on June 12, 2024, the debt and liabilities were at ₹9. Payable to Government of India for appropriation amounted to ₹ 9.74 lakh crore and liabilities payable due to court orders equalling....
Read MoreThe proposed norms on LCR could thus be a dampener for some banks there as outlined by RBI, according to our research, bankrupted banks could also be a probable result of the implementation of these regulations.The RBI seems to be a bit conc....
Read MoreIt can be difficult to keep track of repayments if each lender has a different repayment amount or repayment date. There are two possibilities that may assist you: loan consolidation and also balance transfer. But which one can save you more mon....
Read MoreIt may be hard to keep track of several loans. When you have multiple EMIs, different interest rates, repayment dates and loan terms, it can become challenging to keep track of everything.When you're asking yourself how to pay off all your l....
Read MoreCan you take out a personal loan if you already have a loan? Let us assume you qualify with the lender. The presence of an existing loan doesn't mean that your loan application will be denied. But before approving another loan, lenders will look....
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Pioneering ease of access to Basic Banking & Financial Services in Rural India