NRE account vs NRO account
Up to 1 USD million can be remitted every financial year from your NRO account, after paying applicable taxes in India. Money in NRE...
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Pearl Business Services
Oct 30, 20212 min read
RBI allows banks to open current accounts for borrowers availing credit from other banks
Banks will be allowed to open current accounts for borrowers availing credit from other banks
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Pearl Business Services
Jun 30, 20211 min read
NBFCs Exempted from Registration with RBI
To obviate dual registration, certain category of NBFCs which are regulated by other regulators are exempted from the requirement for...
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Pearl Business Services
Jun 28, 20213 min read
Types of NBFC
NBFC are broadly categorised: a. In terms of the type of liabilities into Deposit and Non-Deposit accepting NBFCs, b. Non-Deposit taking...
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