Working Capital Finance Working Capital Finance Definition Working Capital Finance refers to funding provided to businesses for managing their day-to-day operational expenses such as payment of wages, raw materials, electricity bills, rent, etc. It ensures that a company can maintain its liquidity and continue operations smoothly. Types of Working Capital Finance Cash Credit (CC): A […]
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Housing Loan Guidelines – Construction & Purchase Housing Loan Guidelines: Construction & Purchase of Dwelling Units Permissible Purposes for Home Loans Purchase or construction of a residential dwelling unit for self or family. Repair or renovation of damaged or old residential units. Purchase or construction of a second house for self-occupation or family use. Purchase
Indian Payment Systems Overview Indian Payment Systems Overview Prepaid Payment Instruments (PPIs) PPIs are instruments that store monetary value and can be used to purchase goods, services, or transfer funds. These are regulated by the Reserve Bank of India (RBI) under the Payment and Settlement Systems Act, 2007. Types of PPIs: Small PPIs: Issued with
Types of Charges under Companies Act, 2013 Types of Charges under Companies Act, 2013 Under Section 2(16) of the Companies Act, 2013, a charge is defined as “an interest or lien created on the property or assets of a company or any of its undertakings or both as security, and includes a mortgage.” Charges are