Borrowing costs for India’s top-rated shadow financiers declined last month, indicating that the nation’s prolonged credit crisis may be seeing some improvement.. "The worst seems to be over for shadow banks that have survived one of the longest credit crises in India," said Madan Sabnavis, chief economist at Care Ratings
Limited Liability Partnership (LLP) was introduced in India by way of the Limited Liability Partnership Act, 2008. The basic premise behind the introduction of Limited Liability Partnership (LLP) is to provide a form of business entity that is simple to maintain while providing limited liability to the owners. Since, its introduction in 2010, LLPs
Employee estate Insurance Corporation abbreviated as ESIC, it is social security and health scheme which covers sickness, disablement or death issues of the employee and there family also; it is in the welfare of employee for Indian workers. ESIC comes under Employees’ State Insurance Act, 1948; it is founded in 24 February 1952 by
Every new year comes with new hopes, new aspirations, new responsibilities and new challenges. 2020 is a leap year, to leap forward taxpayer needs to abide tax laws in business. Let’s discuss few trend setting tax reforms forth coming which will change the dynamics of business in India. What are major things of GST
The steps to open a small company as a foreigner is the same as opening a small company as a citizen. You can invest in a business you create in the India without being a Indian citizen. The only difference is whether you have a right to work in the India or not and
The fortunes of India’s shadow banks are showing tentative signs of recovery, indicating that a prolonged credit crisis may be beginning to ease. Two of four indicators compiled by Bloomberg that reflect the state of non-bank financial companies strengthened last month from October. A measure of top-rated five-year bond spreads got better, showing that shadow lenders’ borrowing costs
"An NBFC should conduct stress-tests on a regular basis for a variety of short-term and protracted NBFC-specific and market-wide stress scenarios," the RBI said.
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