SEBI on March 16, 2023, issued a notification addressing the common and streamlined standards for RTAs to fulfil investor service requests, as well as the standards for providing PAN, KYC information, and nomination information. In this article we will discuss in brief about all the SEBI latest circular, norms and compliance. Table Of Content Rules…
In the last decade, India’s Digital Lending Industry has grown exponentially, which allow consumers to borrow money from peer-to-peer lenders. However, the industry has largely been unregulated, which has resulted in unchecked third-party participation, misspelling, data privacy violations, unethical recovery techniques, and high interest rates. In this Blog we will have a view about the…
The RBI published a discussion paper in January 2021 outlining a redesigned scale-based regulatory framework for NBFCs, solicited feedback on it. The RBI Scale-based Regulations for NBFCs went into effect on October 1st, 2022. In terms of the Base layer, Middle layer, and Upper layer with reference to the Individual Asset Size and Group Asset…
As a regulatory body, the Reserve Bank of Bank (RBI) continuously evaluates its decision to maintain reserves with a view to securing monetary stability in the nation by adopting appropriate measures, such as changes in Repo Rate & Reverse Repo Rate, keeping the primary goal of country’s growth in mind. In this article we will…
A Non-Banking Financial Institution (NBFC) is a financial institution that offers consumers a variety of banking and non-banking services. The Reserve Bank of India (RBI) supervises and regulates NBFCs in India. Any company cannot start a Non-Banking Financial Company without first obtaining a Certificate of Registration from the RBI. The entire NBFC Registration procedure, from…
Content creation through videos is one of the most popular means used by creators these days & Youtube is one of the most popular platforms where video creators post their video for viewers to view in their channel Youtube places the ads on the videos. As & when the Youtubers meets the Youtube’s monetization criteria,…
India is rapidly emerging as a major player in the global economy, with a rapidly growing market for legal services. As a result, the Indian government has taken several steps in recent years to open up the Indian legal market to foreign lawyers and law firms. This has created a range of opportunities for foreign…
As part of Digital Payments Awareness Week (DPAW) 2023, Shaktikanta Das Governor of Reserve Bank of India RBI Launches Mission Har Payment Digital, which aims to make every resident in the country a user of digital payments. This is due to the increasing use of digital payments in recent years. Despite its popularity and adoption,…
Making doing business in India simple has been a priority for the Indian government (GoI). In recent years, the idea of ease of doing business has gained momentum. The Foreign Exchange Management Act (FEMA) of 1999’s laws and the government of India’s FDI policy govern foreign investment in India. The FDI policy lays out the…
Have you ever come across the concept of minutes in company meetings? The maintenance of minutes is an essential task for every company under the Companies Act of 2013. The minutes of meetings contain important decisions, discussions, and actions taken by the company’s board of directors and shareholders. These minutes serve as a record of…