alexa

News

 
Corporate tax cut hinges on GST revenue: Arun Jaitley

Wednesday, March 6, 2019, 7:58 PM

Corporate tax cut hinges on GST revenue: Arun Jaitley

Stating that NDA government, if voted back to power, would consider reducing the corporate tax rate for all firms to 25% provided the GST collections improve, finance minister Arun Jaitley told industry captains to pass on benefits of recent GST cuts to consumers by lowering prices. The minister said that GST is now on the track and is in process of fast settling down.

News

 
RBI bundles NBFCs into 1 type, offering operational flexibility

Saturday, February 23, 2019, 9:03 AM

RBI bundles NBFCs into 1 type, offering operational flexibility

To provide greater operational flexibility to non-banking lenders, the RBI created a single-category for them by bundling their present three-tier structure. The central bank also decided that exposures to all NBFCs, excluding core investment companies, will be risk weighted as per credit-ratings. Both the decisions were first announced at the last bi-monthly review of the monetary policy in the statement on developmental and regulatory policies.

Article

 

13 February 2019, Wednesday

Gold Loan Interest Rates

What is Gold Loan?  Gold loan or loan against gold, is a secured loan in which you pledge gold ornaments as security with a bank or NBFC. ...

Article

 

13 February 2019, Wednesday

Fixed deposit interest rate

A fixed deposit is an investment instrument offered by banks and non banking financial companies NBFCs, where investors deposit money for a higher rat ...

Article

 

08 February 2019, Friday

Education Loan Interest Rate In India

What is Education loan? Education loan is the best way to fund education-related expenditures, without disturbing the finances of your family. Thi ...

Article

 

05 February 2019, Tuesday

How Modi Government Is Bringing Back Fixed Deposits?

After demonetization, banks were flush with cash and cut Fixed Deposits and SB Account rates. Citize ...

Article

 

31 January 2019, Thursday

Education Loan Procedure

What is Education Loan? An education loan is a special type of loan designed to suit the needs of students. An education loan is the money borrowed ...

Article

 

23 January 2019, Wednesday

Credit Rating Agencies in India

Credit Rating Agency: In India major credit rating agencies are CRISIL, CARE, ICRA, SMERA and FITCH India. These credit rating agencies were formed ...

Education

 
What is NBFC?

Saturday, January 19, 2019, 7:30 PM

What is NBFC?

A Non Banking Financial Company or NBFC is a company that is registered under the Companies Act 2013 or 1956, which is engaged in the business of Loans and Advances, equities, debentures or securities issued by the government or any local authority or other marketable securities of like nature such as leasing, hire-purchase, insurance business, chit business and so on.

News

 
RBI slaps Rs 1-cr penalty on Bajaj Finance

Monday, January 14, 2019, 7:40 PM

RBI slaps Rs 1-cr penalty on Bajaj Finance

The Reserve Bank of India (RBI) said it has imposed a penalty of Rs 1 crore on Bajaj Finance Ltd, a non-banking financial company (NBFC), for violating "fair practices code". This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the NBFC with its customers, the RBI added.

8 Pages, 77 Records
        [ Page 2 ]             
 
 
CIBIL Meter
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.