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  2. Non-bank financial institution - Wikipedia

    en.wikipedia.org/wiki/Non-bank_financial_institution

    Based on their liability structure, NBFCs have been divided into two categories. Category ‘A’ companies (NBFCs-D) accept public deposits; Category ‘B’ companies do not accept public deposits Category ‘B’ companies with under a billion euros (NBFCs-ND) Category ‘B’ companies with over €1B (systemically important, NBFCs-ND-SI)

  3. NBFC and MFI in India - Wikipedia

    en.wikipedia.org/wiki/NBFC_and_MFI_in_India

    The asset size for NBFCs in the base layer has been increased from INR 500 crores (~US$66.45 MM) to INR1000 crores (~US$132.90 MM) Middle layer – This layer covers systematically important non-deposit taking NBFC and deposit taking NBFC having an asset size of more than INR1000 crores (~US$132.90 MM). It also covers NBFC-HFCs, NBFC-IFCs, IDF ...

  4. Payments bank - Wikipedia

    en.wikipedia.org/wiki/Payments_bank

    The bank should be fully networked from the beginning. The bank can accept utility bills. It cannot form subsidiaries to undertake non-banking activities. Initially, the deposits will be capped at ₹100,000 per customer, but it may be raised by the RBI based on the performance of the bank. Payment Banks are not permitted to lend to any person ...

  5. Nearly 5 million taxpayers to get money back from the IRS ...

    www.aol.com/news/5-million-taxpayers-money-back...

    The IRS is giving nearly 5 million people and businesses $1 billion in penalty relief after the agency suspended overdue tax bill reminders. The revenue service announced Tuesday it would give ...

  6. Taxes: IRS waives penalty for taxpayers with tax bills from ...

    www.aol.com/finance/taxes-irs-waives-penalty...

    What to know about the failure-to-pay waiver provision. The penalty relief is automatic for taxpayers who owe back taxes, though it’s limited to tax bills of $100,000 or less, Rob Seltzer, a ...

  7. How Do IRS Payment Plans Work? - AOL

    www.aol.com/finance/irs-payment-plans-211621085.html

    If you have a big tax bill that you cannot pay right away, applying for a payment plan with the IRS might be the solution you need. Of course, a payment plan can still put a strain on your finances.

  8. Payment and settlement systems in India - Wikipedia

    en.wikipedia.org/wiki/Payment_and_settlement...

    The Unified Payment Interface (UPI) can be thought of like an email ID for your money. It will be a unique identifier that your bank uses to transfer money and make payments using the IMPS (Immediate Payments Service). IMPS is faster than NEFT and lets you transfer money immediately and unlike NEFT, it works 24/7.

  9. Here's what can be done about debanking, the un-American ...

    www.aol.com/news/heres-done-debanking-un...

    Banks they had been using could no longer process their payrolls or even accept deposits. Many employees of even well-established crypto companies were personally debanked. Some could not get a ...

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