RBI caps banks investment in liquid schemesBy Staff writer
The remitted funds parked in foreign countries in financial assets including liquid funds by these firms could be a violation of ODI guidelines. Under the general permission, the remitted funds must be used for a specific business purpose. In t...
Under the provisions of the Income Tax Act and guidelines from the Reserve Bank of India (RBI), NRIs, OCIs and PIOs are eligible to invest in mutual fund schemes offered by Asset Management Companies (AMCs) in India. Investments can be made through NRE, NRO or Foreign Currency Non-...
Input the Investment Amount:Begin by entering the total amount you have invested. Enter the Returned Amount:Next, input the amount that you have received as a return on your investment. Set the Duration of Investment:Specify the holding period of your investment, indicating the duration for which...
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month....
An asset Reconstruction Company is a Company engaged in the business of buying bad loan from bank. These are specialized financial institutions that buys the bad loan, Non Performing Assets (NPAs) from banks & financial institution so that to clean up the ...
‘capital’ is raised by the new startups or new business entities or those who are in troubled state. Venture capital funding is slightly different from traditional funding sources such as banks which provide capital in the form of a loan whereas venture capitalists provide funds in exchange ...
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An asset Reconstruction Company is a Company engaged in the business of buying bad loan from bank. These are specialized financial institutions that buys the bad loan, Non Performing Assets (NPAs) from banks & financial institution so that to clean up the ...
An asset Reconstruction Company is a Company engaged in the business of buying bad loan from bank. These are specialized financial institutions that buys the bad loan, Non Performing Assets (NPAs) from banks & financial institution so that to clean up the ...