II. Regulation and Supervision 2. Enhancing Efficiency of Regulatory Processes Various entities are required to obtain license / authorization to carry out activities regulated by RBI. Further, regulated entities are required to seek certain regulatory approvals from RBI under various statutes / regulati...
RBI Rules Are Stifling NBFCs ; R. Thyagarajan, Founder, Shriram Group Says It Is Not the Lack of Regulation That Is Fostering Such Scams but Unbridled RBI RegulationR. Thyagarajan
5. Conduct of business and prudential regulations NBFC-Factors or eligible NBFC-ICCs which have been granted CoR under the Act shall conduct the factoringbusiness in accordance with the Act and rules and regulations framed under the Act or the directions and guidelines issued by the Reserve Bank...
In reality, the language rules the meaning, and the interpretation is that if there is a change in directorships to the extent of 30% or more, excluding independent directors, the same will require a change of control process, even though there is not even a slightest change in control. ...
Main Powers and functions of RBI under FEMA Controlling foreign exchange transactions by issuing general or specific permission, with the exception of situations where specific rules, regulations, or laws have been enacted. - Section 3. Current account transactions are not subject to any restrictions ...
Are subscriptions in currencies other than INR exempt from these rules? No. The regulations apply to INR as well as non-INR payments. Stripe supports non-INR e-mandates only for specific currencies and for international (non-IN) businesses. A small set of issuing banks might still not support...
Reports on the Reserve Bank of India's issuance of new guidelines based on the Foreign Exchange Regulation Rules 1974 regarding the payment of exported goods. Realization and payment of the amount representing the full value of the goods by the exporters to the authorized dealer on the due date...
The Database Firewall policy is a combination of different rules like Session Context Rules, SQL Statement Rules, Database Object Rules and Default Rules. Database Firewall in AVDF is a multi-stage Firewall policy rule-processing engine as shown below in the diagram. The rule processing ...
Google Proposes Fairer Rules for Search, Chrome, AI to avoid Chrome break up OpenAI and Microsoft have established an internal definition for Artificial General Intelligence (AGI). The two companies agreed to define AGI as a system capable of generating $100 billion in profits, as per a report...
“Excellent advisory role by Enterslice Team. They are a trusted partners to us. Narendra and his team helped us with our pre NBFC applications and Post NBFC advisory services.” Amit Goel “They provided customized and Highly skilled CA &services. The management invests themselves in your work...