Takeover of an NBFC The takeover of an NBFC is a strategic business move that requires considerable money and adherence to myriad compliances. Ever-tightening RBI norms have made life difficult for most NBFCs, often leading to temporary or permanent halts…
NBFC Registration Process Non-Banking Financial Company falls under the category of private lenders catering to activities akin to traditional banks but with a limited scope. They cannot accept deposits and savings, issue cheques drawn on themselves, and yield credit guarantee…
NBFC License Canceled by RBI From licensing to operations, the Reserve Bank of India (RBI) regulates various aspects of Non-Banking Financial Companies (NBFCs) across India. The comprehensive supervision enhances their transparency and keeps them on track from a legal standpoint.…
Prudential Norms for NBFC The dynamic nature, endless compliances, and stiff competition make it hard for most NBFCs to operate seamlessly for long. Since these firms experience myriad and delicate transactions, they are bound to abide by RBI’s stringent norms…
NBFC Regulations NBFCs have long been supporting the financial sector by augmenting credit accessibility and financial inclusivity. Their contribution to thriving the corporate and financial landscape is unprecedented and invaluable. Similar to traditional banks, NBFCs offer various services with few…
NBFC Compliance Checklist NBFCs are the key pillars of the financial sector, elevating financial inclusivity for those experiencing capital or credit issues. The advent of NBFCs has harmonized the financial sector and broadened credit accessibility, spanning almost all kinds of…
NBFC license in India How to get NBFC license in India– A Non-Banking Financial Company (NBFC) offers various financial services such as loans and advances facilitation, stock acquisition, hire-purchase, insurance, etc. Despite being akin to traditional banks in many aspects,…
