#rbi approved

[myblog6791]

Personal Loan

Quick and Fast Loan Approval at SuryaLoan

There a lot of apps and website available for loan you can get loan through a RBI approved NBFC’S and compare interest rate and tenure and also read there terms and conditions. You can also use Loan calculator for EMI calculation for calculation of Monthly EMI. You can apply on SuryaLoan for Quick and Fast Loan Approval.

[tfatrading]

Navigating the stock market can be daunting, especially with the plethora of trading apps available today. As we move into 2024, understanding which stock trading app is best suited for your investment style is crucial for maximizing your financial potential. In this comprehensive guide, we will explore the best stock trading apps in India, their features, comparisons, and practical tips to help you make an informed choice.

[loantap]

RBI Approved Online Loan Apps List: Compare and Choose Wisely

Explore verified RBI-approved online loan apps list to ensure safe and trustworthy borrowing experiences.

[anumatiaa]

Anumati: Premier RBI-Approved Account Aggregator in India

Anumati, an RBI-certified account aggregator, enhances financial inclusion with top-tier bank account aggregation software. Streamline your finances today.

[forexlive22]

Forex4Money Best Indian Forex Broker for Forex Trading.

Forex4Money is the best Indian forex broker. We offer our clients the opportunity to invest in the foreign exchange and commodities markets through online platforms. We aim to establish long-term relationships with our clients based on our corporate values of trust and performance.

[blackacre13]

hello！i love all of your fics so much!!! and can you please do another part of the teacher and student au? it is so great!

Part 37 is below; here’s part 38!

Debbie had even said that she would ask Lou to marry her.

It had been hypothetical, sure, but it had made Lou’s heart flutter and her stomach swirl in ways she’d never felt before. And even though it had only been a few days and she felt a bit preposterous, she couldn’t stop imagining how she would have asked if the moment were real. If Debbie would be the one to ask. If it would be her. If any of it could ever happen. It seemed so unimaginable that something that perfect and otherworldly could be real.

But it seemed real. Watching Tammy and Debbie laughing, and swapping stories about Lou as they poured out more wine. Debbie giving Tammy recommendations about professors to work with for job placements. Debbie’s arm around Lou’s shoulder. Debbie’s whisper that she had dessert in the fridge for Tammy but that Lou’s was in the bedroom and would have to wait.

It was everything she had wanted. And she’d fight like hell to protect it. Come hell or Claude Becker.

As it turned out, it wouldn’t take very long for him to rear his ugly jealousy and make life a living hell for them both.

“Can I talk to you for a second?” Amita asked in a hushed tone, looping her arm through Lou’s before she could answer the question or even utter a hello, scooping her away from the dining hall table and ushering her through the side exit into the grass outside.

“I take it you’re not here for lunch?” The blonde asked, raising an eyebrow.

“Lou,” she exhaled, looking serious. “Come on. This is big.”

“Mita, what’s going on? Everything has been great so far with lesson plan approval. You like my stuff. Debbie likes it. My other grades are fine. I’m ready for the position. I’ve talked to some other TAs for advice and—“

“Are you sleeping with Debbie?” Amita asked quietly, her eyes studying Lou’s almost worriedly.

“I—I—“ Lou knew she was supposed to outright deny it. They’d rehearsed this. They had a plan. If anyone asked, the answer was simple. She was dating Tammy. Debbie was dating someone as well. But she hadn’t planned on someone flat out asking whether she was sleeping with Debbie. Especially not like this. “Mita,” she chuckled, shaking her head as she dropped eye contact. She couldn’t face her and lie. They both knew it.

“Lou, how long have you two been sleeping together?” Amita asked gently.

“Come on,” Lou sighed, kicking at the grass. “She’s my professor. I’m her assistant. I mean you know better than anyone that I could never—“

“I’ve seen the way she looks at you,” the other woman smiled sadly. “There’s no hiding it.”

She looked stressed. Defeated. Surely she wasn’t—no, she couldn’t—was she upset? Or was she…

“I’m not jealous,” Amita rolled her eyes. “Please.”

Lou wanted to throw up. She didn’t want to believe it, but a twisted little part of her had the sudden fear that rbis wasn’t some rare, red string of fate, once in a lifetime moment. That this was a habit of Debbie’s. Hadn’t Claude complained that she’d never had a male teaching assistant? And Amita had said every assistant called her Debbie and not Dr. Ocean. And maybe—she was disgusted with herself for even thinking it. And she didn’t even want the thought to be in her brain, let alone make its way to her tongue, but it was falling out without her control.

“Did you—did you ever?”

“God, no!” Amita hissed, her eyes wide, but she was grinning. “So that’s what trip you just went on in your head that had me thinking you were about to puke on my shoes. Whatever little Debbie Ocean always sleeps with her students sort of sick fantasy just went through your mind? That’s not real. And I’m serious. The way she looks at you and talks about you—it’s—it’s more than sex isn’t it? I mean—you know what? That’s none of my business. And really, whatever it is. Casual. Romantic. Forever. Fuck it. That’s not my point. You both need my help.”

“What the hell is going on? And how did you even—never mind,” Lou exhaled. She was itching to get to Debbie. Something didn’t feel right. And it wasn’t Amita. It was the fact that it felt like Amita was dragging her casket through the campus and it wouldn’t be long until Lou or Debbie or their relationship was laying in it.

“He knows,” Amita whispered.

Lou didn’t have to ask who he was. Fucking prick.

“How the hell would he—“

“I don’t think he really does,” Amita shook her head. “But whatever non existent worry was going through your mind about me and whoever else in the past—I think he’s building a case. And no, it’s never been true. And we both know Debbie. She would never. She’s not one to use her position as some sort of bargaining tool or inappropriate bribe. But it just so happens that just as he’s at the height of his suspicions and the height of his rage and Debbie is egging him on, hoping they take department from him—“

“She’s also dating me,” Lou muttered, cursing under her breath. “Which means for the first time, she is sleeping with one of her students. And if he thinks there’s one that’s true…”

“He’s about to start a fucking witch-hunt.”

[myblog6791]

It is possible to get the financial freedom through loan? How to use your loan amount smartly

Freedom for Financial Flexibility

Resources Purchase

Freedom can be used to purchase resources that are essential for daily living and long-term growth. By allocating funds wisely, you can secure assets that appreciate over time. For example, investing in a high-quality education or professional training can enhance your earning potential. Similarly, purchasing real estate in an up-and-coming neighborhood can provide both a place to live and a significant investment for the future.

Reducing Liabilities

Using your freedom to reduce liabilities involves paying off debts and avoiding unnecessary expenditures. By prioritizing debt repayment, you can save on interest payments and improve your credit score. This includes not only paying off credit card balances but also refinancing high-interest loans to more manageable terms. Additionally, adopting a frugal lifestyle by cutting down on non-essential expenses can help maintain financial stability.

Growing Wealth

Freedom allows you to take calculated risks to grow your wealth. This could mean investing in stocks, bonds, or other securities that offer potential for high returns. Diversifying your investments across different asset classes and sectors can reduce risk and increase the likelihood of substantial gains. Moreover, starting or investing in a small business can provide a steady income stream and significant long-term growth opportunities.

Meeting Needs in Difficult Times:

Having financial freedom means being prepared for unexpected challenges. An emergency fund can cover unexpected expenses like medical bills, car repairs, or job loss. This ensures that you don’t have to rely on high-interest loans or credit cards during tough times. Building a robust financial cushion provides peace of mind and stability, allowing you to navigate crises without compromising your long-term financial goals.

Smart Uses of Financial Freedom

Education

Investing in education is one of the smartest ways to use financial freedom. By funding your own or your children’s education, you can unlock opportunities for higher-paying jobs and career advancement. This includes:

Higher Education: Pursuing degrees that align with market demands, such as STEM fields, business, or healthcare, can lead to lucrative careers.

Professional Certifications: Obtaining certifications in specialized areas can increase your skillset and marketability.

Continuous Learning: Participating in workshops, seminars, and online courses can keep you updated with industry trends and skills.

Marriage

Using financial freedom for marriage involves planning and funding a significant life event thoughtfully. This can include:

Budgeting: Setting a realistic budget for wedding expenses to avoid financial strain.

Investing in Experiences: Prioritizing meaningful experiences, such as a memorable honeymoon, over extravagant but fleeting wedding details.

Long-term Planning: Allocating funds for future joint investments, such as buying a home or starting a family, ensures a stable financial foundation.

Debt Payment

Paying off debt is a strategic use of financial freedom that can lead to long-term financial health. This involves:

Prioritizing High-Interest Debt: Focus on paying off high-interest debts first, such as credit card balances, to reduce the total amount paid in interest.

Debt Consolidation: Combining multiple debts into a single loan with a lower interest rate can simplify payments and save money.

Creating a Payment Plan: Setting up a structured payment plan helps in systematically reducing debt while maintaining financial stability.

Travelling

Traveling can be a rewarding way to use financial freedom, offering both relaxation and personal growth. Smart approaches include:

Budget Travel: Planning trips during off-peak seasons, using travel rewards, and choosing cost-effective accommodations can stretch your travel budget further.

Cultural Investment: Traveling to culturally rich destinations can provide educational experiences and broaden your worldview.

Health and Well-being: Investing in travel for wellness retreats or nature adventures can improve mental and physical health, contributing to overall well-being.

Investment

Investing wisely is crucial for growing wealth and ensuring financial security. Considerations include:

Diversification: Spreading investments across various asset classes such as stocks, bonds, real estate, and mutual funds to mitigate risks.

Long-term Perspective: Focusing on long-term growth rather than short-term gains can provide more substantial returns over time.

Regular Contributions: Consistently contributing to investment accounts, such as retirement funds, ensures steady growth and takes advantage of compounding interest.

By using financial freedom smartly in these areas, you can enhance your quality of life, secure your future, and achieve personal and financial goals.

[stashfinapp]

Personal Loan | Stashfin

Stashfin is a personal loan app that offers credit lines ranging from ₹1,000 to ₹5,00,000 straight to your bank account¹. It is powered by Akara Capital Advisors, an NBFC duly registered with the Reserve Bank of India (RBI)². Some of its features include minimum documentation, instant approval, quick disbursal, flexible payment terms with convenient EMIs, transparent pricing with no hidden fees and a completely secure process¹. You can download the Stashfin App and register to apply for a personal loan.

[tfatrading]

Forex trading in India has gained immense popularity in recent years, with many investors looking to capitalize on currency fluctuations. However, as the market expands, the risks associated with unregulated platforms also grow. The Reserve Bank of India (RBI) has recently issued warnings regarding certain forex trading platforms, advising traders to stay away from them. This article will explore why you should be cautious about these platforms, how to choose a reliable forex broker, and answer some frequently asked questions related to forex trading in India.

[loantap]

RBI Approved Loan Apps: Quick, Safe, and Transparent Lending Options

Get Quick Approvals with RBI-approved loan apps. Secure, transparent, and designed for your financial peace of mind.

[news365timesindia]

[ad_1] Paromita Das GG News Bureau New Delhi, 28th Dec. A Reversal of Opinions: Raghuram Rajan, the former Governor of the Reserve Bank of India (RBI), has been a vocal critic of the Modi government during his tenure at the central bank. His frequent disagreements with the government, particularly over monetary policies and handling of the economy, earned him the tag of being a “darling of the opposition.” However, in a surprising turn of events, Rajan recently lauded the Modi administration for its effective management of Non-Performing Assets (NPAs), a key challenge for the Bharatiya banking system. This unexpected praise comes after years of sharp criticisms and is worthy of scrutiny, considering Rajan’s pivotal role in the banking reforms during his tenure at RBI. Understanding the NPA Crisis: The Historical Context: To comprehend the significance of Rajan’s recent remarks, it is essential to revisit the context of Bharat’s NPA crisis. NPAs are loans that have gone unpaid for an extended period, and their rise in the Bharatiya banking system has been a long-standing issue, primarily beginning after the global financial crisis of 2008. Rajan noted that projects funded by banks before the crisis started facing significant setbacks post-2008 due to factors such as corruption, delays in permits, and mismanagement. These factors caused a steep rise in NPAs, especially in public sector banks. Rajan’s 2015 Asset Quality Review (AQR) was a watershed moment in addressing this crisis. The AQR helped to clean up the balance sheets of banks by ensuring that bad loans were promptly identified, with the necessary provisioning made. According to Rajan, this was crucial for alleviating the growing financial insecurity surrounding public sector banks. He recalled how he took his proposal for an AQR and the end of the moratorium on bad loans to Arun Jaitley, the then Finance Minister, who approved it without hesitation. This marked a turning point in the fight against NPAs. The Modi Government’s Response, A Shift in NPA Management: Rajan’s praise for the Modi government’s handling of NPAs aligns with recent updates from Finance Minister Nirmala Sitharaman. According to her, between 2014 and 2023, the government’s initiatives helped recover more than ₹10 lakh crores from bad loans. The gross NPA ratio fell to a 12-year low of 2.8 percent by the end of the fiscal year 2024. These figures are a direct reflection of the government’s ongoing efforts to manage bad loans and prevent further escalation of the NPA crisis. Rajan acknowledges that the implementation of AQR was a pivotal step. However, the Modi government’s broader policy initiatives played a crucial role in reducing NPAs over time. One of the most significant steps was the introduction of the Insolvency and Bankruptcy Code (IBC) in 2016. This law gave authorities the power to take control of defaulting companies from their promoters, thereby protecting the interests of creditors. Additionally, wilful defaulters were barred from participating in the resolution process, ensuring that there would be greater accountability. Additional Measures to Tackle NPAs: Alongside the IBC, the government took several other steps to address the NPA issue. One such measure was the amendment to the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI Act) of 2002, allowing banks to auction the assets of defaulters. This was complemented by the establishment of the National Asset Reconstruction Company Limited (NARCL) to resolve stressed assets over ₹500 crore. The government also provided a ₹30,600 crore guarantee to back NARCL’s receipts, further enhancing the efficiency of the recovery process. Public sector banks were also restructured through the establishment of Stressed Asset Management Verticals, such as the one in the State Bank of India (SBI), to manage and recover loans more effectively. These verticals allowed banks to monitor loans more closely, ensuring that any potential defaults were caught early.

Moreover, the RBI implemented a system of Early Warning Signals (EWS) to trigger timely remedial actions for loans at risk of default. A Positive Outlook: Rajan’s Acknowledgment: Raghuram Rajan’s acknowledgment of the Modi government’s success in reducing NPAs is notable, especially considering his earlier critiques. He conceded that the government’s approach, including the AQR, the IBC, and other reforms, helped set the stage for the reduction in bad loans. As he put it, “Eventually the situation is back on track,” signifying a recovery after years of financial distress. Rajan’s perspective carries weight given his experience and expertise in managing the Bharatiya economy, and his remarks add credibility to the government’s claims of progress. Conclusion: The Long Road Ahead: While the reduction in NPAs under the Modi government is a significant achievement, experts agree that the work is far from over. The underlying issues that contribute to the creation of bad loans—such as poor project planning, delays in clearances, and systemic corruption���continue to be challenges for Bharat’s banking sector. Therefore, while Rajan’s praise is deserved, it also highlights the complexity of tackling NPAs and the need for continued vigilance. The government’s strategy of combining regulatory reforms, legal frameworks, and institutional restructuring has certainly yielded results. Yet, with Bharat’s banking sector still grappling with certain vulnerabilities, it is essential to keep refining these measures. Raghuram Rajan’s shift in stance reflects a recognition of these efforts, providing a balanced view of the Modi government’s handling of one of the most significant financial challenges in Bharat’s economic history.   The post Raghuram Rajan’s Remark on Modi Government’s NPA Management: A Shift in Perspective appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link

[news365times]

[ad_1] Paromita Das GG News Bureau New Delhi, 28th Dec. A Reversal of Opinions: Raghuram Rajan, the former Governor of the Reserve Bank of India (RBI), has been a vocal critic of the Modi government during his tenure at the central bank. His frequent disagreements with the government, particularly over monetary policies and handling of the economy, earned him the tag of being a “darling of the opposition.” However, in a surprising turn of events, Rajan recently lauded the Modi administration for its effective management of Non-Performing Assets (NPAs), a key challenge for the Bharatiya banking system. This unexpected praise comes after years of sharp criticisms and is worthy of scrutiny, considering Rajan’s pivotal role in the banking reforms during his tenure at RBI. Understanding the NPA Crisis: The Historical Context: To comprehend the significance of Rajan’s recent remarks, it is essential to revisit the context of Bharat’s NPA crisis. NPAs are loans that have gone unpaid for an extended period, and their rise in the Bharatiya banking system has been a long-standing issue, primarily beginning after the global financial crisis of 2008. Rajan noted that projects funded by banks before the crisis started facing significant setbacks post-2008 due to factors such as corruption, delays in permits, and mismanagement. These factors caused a steep rise in NPAs, especially in public sector banks. Rajan’s 2015 Asset Quality Review (AQR) was a watershed moment in addressing this crisis. The AQR helped to clean up the balance sheets of banks by ensuring that bad loans were promptly identified, with the necessary provisioning made. According to Rajan, this was crucial for alleviating the growing financial insecurity surrounding public sector banks. He recalled how he took his proposal for an AQR and the end of the moratorium on bad loans to Arun Jaitley, the then Finance Minister, who approved it without hesitation. This marked a turning point in the fight against NPAs. The Modi Government’s Response, A Shift in NPA Management: Rajan’s praise for the Modi government’s handling of NPAs aligns with recent updates from Finance Minister Nirmala Sitharaman. According to her, between 2014 and 2023, the government’s initiatives helped recover more than ₹10 lakh crores from bad loans. The gross NPA ratio fell to a 12-year low of 2.8 percent by the end of the fiscal year 2024. These figures are a direct reflection of the government’s ongoing efforts to manage bad loans and prevent further escalation of the NPA crisis. Rajan acknowledges that the implementation of AQR was a pivotal step. However, the Modi government’s broader policy initiatives played a crucial role in reducing NPAs over time. One of the most significant steps was the introduction of the Insolvency and Bankruptcy Code (IBC) in 2016. This law gave authorities the power to take control of defaulting companies from their promoters, thereby protecting the interests of creditors. Additionally, wilful defaulters were barred from participating in the resolution process, ensuring that there would be greater accountability. Additional Measures to Tackle NPAs: Alongside the IBC, the government took several other steps to address the NPA issue. One such measure was the amendment to the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI Act) of 2002, allowing banks to auction the assets of defaulters. This was complemented by the establishment of the National Asset Reconstruction Company Limited (NARCL) to resolve stressed assets over ₹500 crore. The government also provided a ₹30,600 crore guarantee to back NARCL’s receipts, further enhancing the efficiency of the recovery process. Public sector banks were also restructured through the establishment of Stressed Asset Management Verticals, such as the one in the State Bank of India (SBI), to manage and recover loans more effectively. These verticals allowed banks to monitor loans more closely, ensuring that any potential defaults were caught early.

Moreover, the RBI implemented a system of Early Warning Signals (EWS) to trigger timely remedial actions for loans at risk of default. A Positive Outlook: Rajan’s Acknowledgment: Raghuram Rajan’s acknowledgment of the Modi government’s success in reducing NPAs is notable, especially considering his earlier critiques. He conceded that the government’s approach, including the AQR, the IBC, and other reforms, helped set the stage for the reduction in bad loans. As he put it, “Eventually the situation is back on track,” signifying a recovery after years of financial distress. Rajan’s perspective carries weight given his experience and expertise in managing the Bharatiya economy, and his remarks add credibility to the government’s claims of progress. Conclusion: The Long Road Ahead: While the reduction in NPAs under the Modi government is a significant achievement, experts agree that the work is far from over. The underlying issues that contribute to the creation of bad loans—such as poor project planning, delays in clearances, and systemic corruption—continue to be challenges for Bharat’s banking sector. Therefore, while Rajan’s praise is deserved, it also highlights the complexity of tackling NPAs and the need for continued vigilance. The government’s strategy of combining regulatory reforms, legal frameworks, and institutional restructuring has certainly yielded results. Yet, with Bharat’s banking sector still grappling with certain vulnerabilities, it is essential to keep refining these measures. Raghuram Rajan’s shift in stance reflects a recognition of these efforts, providing a balanced view of the Modi government’s handling of one of the most significant financial challenges in Bharat’s economic history.   The post Raghuram Rajan’s Remark on Modi Government’s NPA Management: A Shift in Perspective appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link

[groomtax]

Foreign Subsidiary Company Registration in India: A Quick and Easy Guide for Investors

Foreign companies, as such, find India an attractive destination for the expansion of their business. One of the best modes through which foreign companies enter the Indian market is through a foreign subsidiary company. But, for this, the process of foreign company incorporation in India and tax implications is very important. In this article, we will discuss step by step foreign subsidiary company registration in India and help understand how Groom Tax will help the foreign investor tackle the complex regulatory environment of India.

What is a Foreign Subsidiary Company in India?

A foreign subsidiary company in India is basically a company where a foreign parent company holds more than 50% of the shares or voting power. This would be considered as a different legal entity under Indian law and is allowed to operate business activities in the country, subject to compliance with local regulations and Foreign Direct Investment policies.

Key Steps for Foreign Subsidiary Company Registration in India

1.         Choose the Business Structure

The first step in foreign company registration in India is deciding the structure of your subsidiary. Most foreign companies opt for a Private Limited Company due to its limited liability, flexibility, and easier management. A Public Limited Company is another option for companies that plan to raise public funds.

2.         Obtain a Digital Signature Certificate (DSC)

A Digital Signature Certificate (DSC) is required for submitting documents electronically. This is mandatory for both the foreign directors and authorized signatories.

3.         Obtain Director Identification Number (DIN)

All directors of the subsidiary must obtain a Director Identification Number (DIN). This unique identification number is issued by the Ministry of Corporate Affairs (MCA).

4.         Name Reservation

A unique name for your foreign subsidiary company must be chosen and approved by the MCA. The name should not be identical or similar to any existing company name. You can apply for name approval through the Reserve Unique Name (RUN) application.

5. Prepare and File the Incorporation Documents

The second step is to prepare the Memorandum of Association (MOA) and Articles of Association (AOA). These documents will define the objectives, powers, and internal management of the company. After preparation of the documents, present them before the MCA for registration.

6. PAN and GST Registration Application

Your foreign subsidiary company would need a Permanent Account Number for the purpose of taxation. If your company's turnover is beyond the prescribed threshold, then you would be liable to register for Goods and Services Tax.

7.         Registration with RBI

Foreign investments in India are governed by the FEMA and the FDI policy. The RBI monitors foreign investments, and the foreign parent company has to comply with all the relevant regulations.

Groom Tax: Streamlining the Process for Foreign Investors

There are, however, certain risks associated with setting up a foreign subsidiary company in India, such as the huge market and skilled labor available in India. In this scenario, Groom Tax would be of use.

Groom Tax provides all services to foreign investors who intend to incorporate a company in India. From foreign company incorporation in India to expert guidance for foreign subsidiary company registration in India, Groom Tax ensures that investors comply with all local tax laws and regulations.

Groom Tax also assists foreign companies in tax planning and compliance. For international companies, India's taxation system, including corporate taxes, transfer pricing regulations, and GST, is hard to understand. Groom Tax's consultants have a lot of experience in guiding international companies on how to manage tax obligations, minimize liabilities, and take advantage of available incentives.

Benefits of Foreign Subsidiary Registration in India

1. Market in India: India is the market that provides a massive number of consumers, which comprises of the middle class that keeps growing and also increases in terms of internet penetration rapidly.

2. Liability: The foreign parent company's liability is just restricted to its investment in the subsidiary, thus lowering financial risks.

3. Tax Incentives: There are several tax benefits available for foreign investors under India, especially for those involved in manufacturing and technology sectors.

4. Operations: Foreign parent companies retain control over all operations in the Indian subsidiary.

Registering a foreign subsidiary company in India is a very promising approach for international companies who intend to enter the Indian market. However, for the effective incorporation of such companies, one must know about regulatory, legal, and tax requirements. Groom Tax is committed to helping foreign investors navigate through all processes for foreign company incorporation in India and foreign subsidiary company registration in India to ensure proper compliance and tax requirement in an efficient manner.

To learn more, please visit Groom Tax to discover how we may help you enter into India as smoothly as possible. Content Reference Link- https://www.groomtax.com/blog/foreign-subsidiary-company-registration-in-india-a-quick-and-easy-guide-for-investors/