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 MoreWhile a car loan can help you afford a new or used vehicle, the interest rate you get will have a significant impact on the total cost of the car loan. Any slight variation in interest rates can save you a lot of money throughout the repayment p....
Read MoreThere are several methods of trading stocks in the market, among which two popular ones are intraday trading and swing trading. While both methods seek to profit from price changes, there are notable differences in their time commitment, risk, a....
Read MoreThe best way to save on a car loan is to have a good credit score. Your credit history is used by lenders to evaluate risk and the interest rate they're willing to pay. Prior to taking out any loan: Make timely payment of EMIs and credit c....
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