Account Aggregators are the kind of organizations that serve as consent brokers to permit the sharing of financial data between financial institutions in the financial industry. In this article, we will discuss NBFC AA License.
Nidhi Company tries to launch a business with less capital than NBFC Company, which needs significant capital investment. In India, NBFC companies and Nidhi companies operate on different scales, depending on their needs. By choosing Nidhi Company, one may undoubtedly benefit from many benefits. In this blog post, you will get to learn about the nuances concerning the Difference Between NBFC and Nidhi Company.
Maintaining the smooth functioning of the global market, the Foreign Exchange Management Act puts forth certain guidelines and compliances that are to be followed. NBFC compliance under FEMA is a similar case.
Business Takeover is a very important decision for any entity, hence while doing a takeover one should be extra careful. As it involves a lot of legal formalities, therefore expert help is always suggested so that there will be no chance of any error.
A Non–Banking Financial Corporation is a company registered under the Companies Act 2013 or 1956. According to section 45-I (c) of the Reserve Bank of India Act, 1934 (RBI Act), a Non–Banking Company carrying on the business of a financial institution will be an NBFC. It is a financial institution.
A Non-Banking Financial Company is a type of company, perform functions similar to a banking institution but is not categorized as a bank. NBFCs engaged in the principal business of receiving deposits under any scheme either in one lump amount or in installations.
Partnership Firm in Madhya Pradesh is governed by the laws defined under the Indian Partnership Act, 1932. A Partnership Firm is created when two or more person band together and pool resources to launch a business. Partnership businesses' main goal is to make a profit.
Millions of people who are too poor to be served by traditional banks, typically because they are unable to provide enough collateral, can now access loans, savings, and other vital financial services. In this article, you will get to learn about the Difference between Nidhi Company and Micro Finance Company
Before starting a private security company in India, one must have a PSARA License. A company that offers private security guards and other associated services at a location instead of the police is referred to as a private security agency. In this blog post, you will get to learn all the details about the PSARA License in Madhya Pradesh.