Permissible activities

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....mpliance with such terms and conditions or guidelines as may be specified by the Authority: (i) Permitted Specialised Activities (a) Credit enhancement; (b) Factoring and forfaiting of receivables; (c) any other specialised activity as may be permitted by the Authority. (ii) Permitted Core Activities (a) Lend in the form of loans, commitments a....

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....Merchant Banking; (b) Authorised person; (c) Registrar and Share Transfer Agent; (d) Trusteeship Services; (e) Investment Advisory Services; (f) Portfolio Management Services; (g) Distribution of mutual fund units; (h) Distribution of insurance products; (i) Function as trading and clearing members or professional clearing mem....

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....-core activities, shall fulfil the following conditions: (a) It shall carry out each such activity through separately identifiable department (SID); (b) It shall ensure a fire wall between various non-core activities so that no conflict of interest situation arises; (c) It shall formulate Board approved grievance redressal and customer compensation policy to deal with su....