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Guidelines on the Co-Lending NBFC Collaboration Model
The Reserve Bank of India has devised a Co-Lending Model (CLM) program under which banks and NBFCs work together to provide loans to priority sector borrowers on a pre-agreed basis. The RBI launched the co-origination of the loan program in September 2018, and the Co-Lending Model is an improvement on it. It intends to provide all lending institutions with more freedom. Let's learn more about the RBI's Co-Lending NBFC Collaboration Model Guidelines for Banks and NBFCs.
By keety muds4 years ago in Journal
Sexual Harassment at Workplace Act Implementation Guide
The Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (the "Act") (to be read in conjunction with the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Posh Act 2013 has been intimated and implemented in India for more than two years. The Government of India, through the Ministry of Women and Child Development, has published a Handbook on Sexual Harassment of Women at Workplace (the "Handbook"), which is intended to better inform employees about workplace sexual harassment and their right to an informed claims process in seeking relief as provided by the Law and Rules. India sexual harassment act for workplace in India has been implememted so that there can be powerful law at workplaces be it small or large, with an intent to protect women from sexual harassment.
By keety muds4 years ago in Journal
ITC SHARES: RECOVERY OF SHARES GUIDE BY MUDS
The IEPF (Investors Education and Protection Fund) was created purely for the aim of transferring assets from investors who have not utilised them in the previous seven years, whether it be unpaid dividends, cash deposits, or interest received on money. Any investor who wishes to transfer their shares can do so through the IEPF. This organisation was established with the help of SEBI (Securities and Exchange Board of India) and & MCA (Ministry of Corporate Affairs)
By keety muds4 years ago in Journal
Roles and Responsibilities of Indian Bankruptcy professionals
Who are Insolvency professionals? Insolvency professionals belong to an insolvency agency that supports the dismantling of a person, corporation, LLP or partnership who is bankrupt. These professionals are authorised to act on behalf of those persons, companies and other bodies in bankruptcy.
By keety muds4 years ago in Journal
How NBFCs Spurs Economic Growth in India?
NBFCs (Non-banking Financial Institutions) are businesses that provide financial services to their customers but do not have a banking licence. Following nbfc company registration, these organisations can provide banking services such as bank loans, asset mortgages, insurance, and so on. They do not, however, have the authority to execute banking activities like receiving demand deposits from the public or issuing checks to the public. NBFCs are registered in accordance with the requirements outlined in the Companies Act of 2013 and the RBI Act of 1934.
By keety muds4 years ago in Journal
