The financial services sector in India is a well-organized system that includes banks, non-banking financial companies (NBFCs), insurance firms, mutual funds, pension funds, and other […]
RBI
Functions and Mandate of the RBI: A Comprehensive Overview
The Reserve Bank of India is the apex financial institution of the Indian financial system, entrusted with the task of control, supervision, promotion, development, and […]
Understanding NBFCs in India: Categories, Compliance, and RBI Oversight
Non-Banking Financial Companies (NBFCs) play a critical role in the Indian financial system. They have significantly contributed to the growth of credit in vital sectors […]
RBI Requires 3 Years of Trade Records for Diamond Dollar Account Eligibility
The Diamond Dollar Account, commonly known as DDA, is a special foreign currency account facility granted by the Reserve Bank of India to Indian firms […]