Community & General Articles

Unauthorised Digital Lending Platforms

Posted by CA N RAJA 30 December 2020 1675 Views

In this article, Manu and Vinu talk about the recent press release of the RBI, that cautions the general public regarding rising cases of Unauthorized Digital Lending Platforms.

Going concern review under COVID-19

Posted by CA Amrita Chattopadhyay 30 December 2020 3579 Views

The COVID 19 pandemic has spread around the globe resulting in largest global recession in the history with more than one third of the global population being p...

RBI special liquidity scheme for NBFCS and HFCS

Posted by CS Lalit Rajput 30 December 2020 2390 Views

Smt. Nirmala Sitharaman, Union Minister for Finance & Corporate Affairs had announced and launched a Special Liquidity Scheme of Rs. 30,000 crore on 13th March, 2020 with a view to improving the liquidity position of NBFCs as well as HFCs.

NEFT & RTGS 24X7X365 by RBI

Posted by CS Lalit Rajput 29 December 2020 4369 Views

RBI had announced on October 09, 2020, that the RTGS will be available round the clock on all days of the year. Accordingly, RTGS 24x7x365 will be launched with effect from 00:30 hours on December 14, 2020.

Nostro, Vostro and Loro Accounts in Foreign Transaction

Posted by CS M Pota 28 December 2020 398846 Views

Foreign currency means any other currency other than the home currency, so if we say with reference to the above example foreign currency means any other currency other than Rupee for India, Pound Sterling for UK and US Dollar for USA.

Investment Basics - How Can a Good Investment be your Earning Son?

Posted by Shubhankitsoni 28 December 2020 1752 Views

Before investing, one has to take into account the basic questions like a present obligation and its ratio to present income, family protection plan in case of exigencies, and plan for the loss of Job.

COVID 19 Impact on Different Industries in India

Posted by PANKAJ SHAH 26 December 2020 3609 Views

COVID 19 Impact on Industries in India. A sector-wise analysis of a post-pandemic situation where normalcy is being established.

Credit Ratings: Basic Concepts Explained

Posted by Yashodeep Chauhan 16 December 2020 14648 Views

Credit rating is an opinion that is based on an assessment of credit-risk (credit risk is the risk of failure on part of the borrower to repay the loan). The entity that assigns the credit rating is called a Credit rating Agency.

COVID-19: Employer & Employees Should Settle wages dispute by themselves

Posted by CA Pradeep Kumar Rajput 16 December 2020 3629 Views

The obligation cast on the employer to make payment of wages of their workers at their workplace, without any reduction, for the period their establishments are under closure during the lockdown is no longer in operation.