A factoring business is a business where an entity acquires the receivables of another entity for an amount. However, credit facilities provided by a bank is not considered factoring business.
The CPI stands at 6.26% in June 2021 compared to May 21 of 6.30%. This is over and above the RBI tolerance limit of 2-6%. However, for June 21 the data is provisional.
The abrupt rise in fuel prices has led to a boom of questions and opinions about the current government, prior government and oil companies. Let us decode why the fuel prices are rising.
Small entrepreneurs who have been completely shut down are trying to recover from the precarious situation but the stringent rules of Bankers and other Regulatory Authorities are not allowing them any breathing space.
Our true life's purpose allows us to connect with our inner self, allows us to achieve a level of satisfaction, and allows us to lead a peaceful life of performing an activity we truly enjoy doing.
E-RUPI is a one time contactless, cashless voucher-based mode of payment that helps users redeem the voucher without a card, digital payments app, or internet banking access.
12 August 2021
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Financial Abuse is mistreatment and undue influence wherein one partner forcibly controls another partner's money and assets and in some cases, their liabilities too.
No bank shall open current accounts for customers who have availed credit facilities in the form of cash credit/ overdraft from the banking system and all transactions shall be routed through the CC/OD account.
The government has taken a number of initiatives to make India a hub for aircraft leasing and financing through various means. Discussing the same in this article.
CBDC will be held in a Digital Wallet and shall be monitored by RBI. What makes it different from the Cryptocurrencies like Bitcoin, Ethereum etc. is that it is regulated and will be considered as a money or currency.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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