Many people in India lack access to banking, making it difficult for them to accumulate emergency savings and settle obligations. Low-income households and small businesses that ran out of credit completely over the past few months due to the pandemic are included in the underbanked segment. Then there are start-up companies and small and medium-sized…
View detailsINTRODUTION: Foreign exchange management act is formed to regulate the foreign exchange in India. It is a set of regulations that empowers the Reserve Bank of India to pass regulations and enables the Government of India to pass rules relating to foreign exchange in tune with the foreign trade policy of India. WHAT IS…
View detailsForeign trade involves the import and export of goods. Imports, exports, and the foreign trade balance are all included in the term “foreign trade,” which is stated differently for commodities and services. As abstracts of products and services, the total imports, exports, and balance of international trade are presented. As a result, money from the…
View detailsExports are products and services that a nation manufactures at home and sells to clients or corporations abroad. As a result, the nation selling the products and services sees an increase in revenue. Businesses may decide to export their goods and services to another nation since doing so enables them to: Increase Revenue Participate in…
View detailsIntroduction A special economic zone (SEZ) is a portion of a nation that has distinct economic rules than other parts of the same nation. Foreign direct investment is often encouraged by and attracted by the SEZ economic policies (FDI). Any expenditure made by a company or person into commercial interests situated in another nation is…
View detailsA bank shell branch that is situated in another global financial hub is known as an offshore banking unit (OBU). Let’s say, that example a London-based bank has a Delhi branch. When offshore banking units take deposits from foreign banks and other OBUs, they lend money on the Eurocurrency market. Money kept in banks that…
View detailsINTER STATE TRADE AND COMMERCE Introduction Significance of Inter-State Trade and Commerce: An “thruway business” is any trade, business, transportation, or correspondence between a couple of States or between any new country and one State, or between any State and its own locale or new ships. A clear discussion of between state trade and exchange…
View detailsIntroduction On July 1st, 1882, the Transfer of Property Act went into effect. The country’s property transfers are governed by this law. Regarding the components and terms of a transfer, it provides particular provisions. This act’s main goal is to clarify and update the legislation governing the transfer of property via the actions of parties…
View detailsIntroduction The Transfer of Property Act went into effect on July 1st, 1882. In line with the rules controlling its descent upon death, it regulates the laws regulating the transfer of property amongst persons who are still alive. It also completes the real estate section of the code of contract law. This Act does not…
View detailsMerchant Banker “Any person who is engaged in the business of issue management either by making arrangements regarding selling, buying or subscribing to securities as manager-consultant, advisor or rendering corporate advisory services in relation to such issue management” -SEBI Merchant Bankers rules 1992 Scope of merchant bankers: FI would require the services of Merchant bankers…
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