Finance : Explore the significance of an intercompany loan agreement between a holding company and its subsidiary in India. Learn how it fos...
Finance : In this blog post we will cover two tools that can streamline this journey: Business Loan EMI Calculators and the Aadhar Card. Let...
Finance : When it comes to fueling your business growth or overcoming financial challenges, securing a business loan can be a strategic move...
Corporate Law : Securing a business loan can often feel overwhelming and intricate. Obtaining a business loan involves a thorough evaluation of th...
Finance : An instant personal loan is a popular way that many use to bridge financial gaps, be it during weddings, medical emergencies or mo...
CA, CS, CMA : To, Address City, Maharashtra, 422001. Subject : First Reminder for Late Payment Dear Sir/Maam, It has come to our attention that ...
Finance : To be printed in stamp paper of Rs.______________ (based on the respective Stamp Act applicable) LOAN AGREEMENT LOAN AGREEMENT B...
Finance : Interest on Education Loans All Scheduled Commercial Banks provide Education Loan to students. IBA has formulated and circulated t...
Finance : Students whose parental income is less than Rs. 4.5 lakhs per annum and are enrolled in recognized technical & professional course...
Fema / RBI : Even as India has been cited as an example of prudential banking norms, the Reserve Bank of India (RBI) today said some lenders ar...
Corporate Law : In present facts of the case, the Revision Petition (RP) has been filed by the Petitioner against Respondents under section 21 (b)...
Corporate Law : Kiran David Vs Assistant General Manager State Bank of India (Kerala High Court) The petitioners are aggrieved by the denial of ed...
Fema / RBI : The contentions of the RBI that the dispute is between the Petitioner and Respondents is not acceptable since the dispute arises o...
Finance : In the present case, the education loan application had been declined on the ground that the CIBIL report of the petitioner's fath...
Income Tax : The provisions of Explanation to section 73 do not distinguish between the transaction of trading in shares on actual delivery or ...
Fema / RBI : In terms of paragraphs 2.1.1 and 2.1.2 of Section I of the guidelines on lending to priority sector enclosed to circular RPCD.No.R...
Every company experiences its ups and downs. During productive times, there are enough funds to see smooth sailing. However, when the market sees a downfall, you might have to look for other sources to fund the short-term financial crunch. In such a situation, a short-term business loan could help you manage and grow your business. […]
When you are going through a cash crunch, then a short-term personal loan can often be a life-saver. In fact, people take loans for all kinds of purposes- international trips, purchase of two-wheelers, and even marriages. However, are there some situations in which you should steer clear of getting a loan?
The RBI or Reserve Bank of India controls monetary policies to regulate credit, banking and inflation in the country. In order to ensure a balanced supply of money, the RBI oversees the functions of financial institutions affecting the mandate on which you get loans and make investments. The rates decided by the RBI, including SLR, […]
Income tax reimbursement on a Personal Loan? Under certain circumstances, you can actually get tax benefits on Personal Loans. Read on to find out how.
Manish Khera is a renowned entrepreneur, investor and a banker having more than two decades of rich experience in the finance domain. He has vast knowledge in micro-payments and microfinance and has been one of the key facilitators of financial Inclusion in the country across socio-economic segments. He has held several leadership roles such as […]
Are you dreaming of owning a new car? Or perhaps you are in need of some extra money for your wedding? A personal loan is the exact solution to meet all your financial needs.
CDR Cover following cases – Multiple Banking accounts/Consortium Banking of Corporate Borrower engaged in type of activity with o/s fund based & non fund based limit of Rs 10 crores & above by banks and institutions. Initiative to resolve the case under CDR by at least 75% of creditors in value & 60% of creditors in quantity.
If you’re getting married, you’re affirming your relationship with a legal union. This legality secures the bond between two people beyond whatever spiritual or emotional union they’re undertaking – it’s also joining them at the wallet. If you’re planning on getting married, you should have a discussion about finances. If you’ve already gotten married, you […]
Section 188 of the Companies Act, 2013 has been inserted in place of section 297 of the Companies Act, 1956. In previous law, it was mandatory to take Central Government approval for any transactions which was covered under section 297 of the Companies Act, 1956 where the paid up capital of the company was more than Rs. 1 cr.
Students whose parental income is less than Rs. 4.5 lakhs per annum and are enrolled in recognized technical & professional courses, after class twelfth, in India are eligible under the scheme. Educational loans of such students disbursed from 1st April 2009, irrespective of date of sanction are eligible for interest subsidy.
