NBFC widens the scope of entities which can engage in factoring business via Factoring Amendment Bill 2021

Tanuj Chandra Saxenaa , Last updated: 25 August 2021  
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Factoring business Factoring business is a business where an entity acquires the receivables of another entity for an amount. Note that credit facilities provided by a bank against the security of receivables isnot considered factoring business. Factor can be a bank, a registered non-banki

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Published by

Tanuj Chandra Saxenaa
(Company Secretary)
Category Others   Report

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