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The team at iFactor is knowledgeable, responsive, and genuinely cares about our success. We are grateful for their partnership and will continue to work with them for all our financial needs..
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Featured News
New framework to standardise interest rate rules on the anvil, says RBI
The Reserve Bank of India plans to standardize interest rate rules for all regulated entities. This new principle-based framework aims to increase transparency and ensure uniformity across lending. The proposed changes are unlikely to affect EMIs or bring NBFCs into the external benchmark regime. Governor Sanjay Malhotra stated this move will improve consumer protection and rationalise existing norms.
Govt mandates exporter registration for FDI-backed ecommerce inventory exports
Foreign-invested ecommerce firms must register as exporter-on-record for export inventory. These companies can only procure and stock goods against confirmed export orders. Speculative stockpiling for future outbound shipping will not be allowed by the government. Indian sellers can access overseas markets by delegating export tasks to the exporter-on-record. This framework aims to boost India's export capabilities and ensure timely payments.
