Newly established and incorporated startups often face shortage of financial resources during their initial stages of operations. This further has a negative impact on their sales and profits. The situation…
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FinanceRBI
RBI Fair Practice Code: Now Interest will be charge by Lenders from the date of receipt of funds in Bank Account
Home Loans, Mortgage Loans or any type of Loans, customer usually starts to make payment of Interest from the date of disbursement of loan even though they don’t receive actual…
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The Reserve Bank of India (RBI) has recently implemented regulatory measures aimed at addressing the rapid growth in consumer credit and the increasing dependency of Non-Banking Financial Companies (NBFCs) on…
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‘Home’ brings to mind comfort, joy, pride and family time. Every homeowner will tell you that her home gives her a sense of identity and its ownership is sacrosanct; this is…
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FinanceRBIReal Estate
The Insolvency and Bankruptcy Board of India (IBBI) proposes changes to rules for insolvency resolution process in Realty Projects
The Insolvency and Bankruptcy Board of India (IBBI) has proposed five broad changes, including operating a separate bank account for each real estate project, executing registration/sublease deeds with approval of…
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RBI
RBI Permits Non-resident Investment in Government-issued SGBs via ‘Fully Accessible Route’ for F.Y. 2023-24
The Reserve Bank of India (RBI) has recently issued a circular (RBI/2023-24/81) expanding investment opportunities for non-residents in the Government Securities market. The circular, dated November 08, 2023, includes Sovereign…
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The Reserve Bank of India (RBI) has asked banks to maintain an incremental Cash Reserve Ratio (ICRR) of 10 per cent on the increase in their deposits between May 19 and July…
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Inflation and interest rates are inversely proportional. People borrow more from banks and save less when interest rates are low. This increases both the supply and demand for money in…
