Loan

ESI Return

23rd May 2019

ESI Return Employees’ State Insurance (ESI) is self-financing social security and health insurance scheme for the Indian Workers, which is an autonomous corporation governed by Ministry of Labour and Employment. This Fund of ESI is managed by Employee State Insurance Corporation (ESIC) and its rules regulations. All entities registered under ESI registration must file ESI […]

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Setting up of Co-operative Banks

20th May 2019

A co-operative banks are the financial entities that belongs to its members, who are both owners and customers of their bank. Cooperative banks are often created by people belonging to the same local or professional community who share a common interest. Cooperative banks generally provide their members with a wide range of banking and financial […]

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Prepaid Wallet Business

20th May 2019

Prepaid Wallet Business Prepaid Payment Instruments, also known as PPIs, are the payment instruments which facilitates the goods and services transactions conducted by the consumer, including financial services, remittance facilities etc., against the value stored on such instruments in prepaid wallet business. The PPIs have emerged as a smart and convenient method of initiating cashless […]

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Payment Finance Bank

20th May 2019

Payments Banks Reserve Bank of India (RBI) granted ‘in-principle’ approval to 11 payments banks in August 2015. By the end of 2016, three had already dropped and timelines for others were hazy, creating doubts on the success of this seemingly progressive experiment of RBI. The year 2017 began with a good omen, though. Airtel payments […]

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Peer to Peer (P2P) Lending Business

20th May 2019

Peer-to-peer (P2P) lending Business enables individuals to obtain loans directly from other individuals, cutting out the financial institution as the middleman. Websites that facilitate peer-to-peer lending have greatly increased its adoption as an alternative method of financing. P2P lending is also known as social lending or crowdlending. It has only existed since 2005, but the […]

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