The complaint handling regulations have been implemented by Insolvency and Bankruptcy Board of India (IBBI). In the procedure, the complaint filing fee will be refunded to the stakeholder in case the complaint is found to be not “frivolous or malicious”. This will be applicable to all stakeholders, including creditors, debtors and service providers. A stakeholder … Continue reading “Complaint handling regulations are implemented by IBBI”
A 3-way approach to structural reform in India has been suggested by the International Monetary Fund (IMF). It includes addressing the corporate and banking sector weaknesses, continued fiscal consolidation through revenue measure, and improving the efficiency of labour and product markets. The 1st priority here is to address the corporate and banking sector weaknesses. This … Continue reading “3 Structural reforms in India Suggested by IMF”
Investing in mutual funds has always been a commotion as there is the huge amount of risk involved, fixed returns and the investment style.
The State Government of Uttar Pradesh has beefed up to provide abetment to the bankrupt homebuyers who have invested their life’s saving.
The government is working on the agenda of the merger of banks with the goal of preparing 3-4 banks of global size. It has reduced the number of government-owned banks from 21 to about 12.
A senior government official said that recent amendments in banking rules will help bank solve the problem of debt deferred soon. According to RBI regulations, if the amount of any loan amount is more than 90 days, then it becomes non-performing.
Producer Company means a corporate body having objects or activities as specified under the Act. It consists of a group of people involved in the production of primary produce or having one or more objectives relating to primary produce.
The rate of Public Provident Fund (PPF) will now offer 7.9% but experts say it is still a good option for investors. Given that consumer inflation is down to 3.65%, the real rate of return of the PPF is a healthy 4.25%.
Getting a small business off the ground is a huge achievement, but establishing financing on a solid footing is critical to whether an enterprise ultimately succeeds or fails.
By changing its monetary policy stance from ‘accommodative’ to ‘neutral’, the RBI surprised the market in February.
Are you prepared to start new financial year for your business, follow these 9 steps to run a smooth financial year.
An angel investor is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity.
Systematic Investment Plan (SIP) is now a word that has caught on in the investing world. And the idea of investing small sums has appealed to most of you, no doubt.
Startups will soon be able to take loans of up to Rs 5 crore without collateral through a credit guarantee scheme prepared by the government.
There must be many young or first-time investors who want to know where and how to make a start in building a fund portfolio.
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