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NBFC

A Brief Overview on PMLA Policy for NBFC

dateOct 06, 2020
timeReading Time: 4 Minutes

Prevention of Money Laundering Act, 2002 is an Act that was enacted during the NDA governance for the confiscation...

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NBFC

Ombudsman Scheme for NBFCs – A Complete Overview

dateOct 05, 2020
timeReading Time: 4 Minutes

Ombudsman Scheme was introduced by the Reserve Bank of India on 4-April-2019 to curb the complexities related to th...

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Micro Finance CompanyNBFC

Significant Differences between NBFC and Micro Finance Companies

dateSep 29, 2020
timeReading Time: 4 Minutes

In the past few years, the banking structure of the country has improved a lot. But there is still a room of improv...

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NBFC

Regulations governing NBFCs in India: A Complete Overview

dateSep 26, 2020
timeReading Time: 4 Minutes

NBFC is an organization that provides banking and financial services and it is governed Reserve Bank of India withi...

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Music License
NBFC

What are the Key Differences between NBFCs and Banks?

dateSep 03, 2020
timeReading Time: 3 Minutes

Banks and Non-Banking Financial Companies (NBFCs) are a vital part of any financial system. NBFCs are the privately...

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NBFC

Glance of Audit Report Format for NBFC

dateAug 31, 2020
timeReading Time: 4 Minutes

The audit report is prepared by the in-house auditors of the company. The audit report reflects the financial prowe...

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NBFC

Things you must know about NBFC License Cancellation

dateAug 27, 2020
timeReading Time: 4 Minutes

The number of NBFC across India is reducing drastically, mainly due to the revised criteria for the net owned funds...

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NBFC

When to Surrender NBFC Registration and its effects

dateAug 03, 2020
timeReading Time: 4 Minutes

At end-March 2017, there were 11,522 NBFCs registered with the Reserve Bank, of which 178 were NBFCs-D, and 220 wer...

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NBFC

Section 269SS and 269T applicable to NBFC: RBI

dateJul 04, 2020
timeReading Time: 3 Minutes

On March 9, 2017, RBI announced the inclusion of the section 69SS and 269T to NBFCs. These sections were incorporat...

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NBFC

Guide on Small Finance Bank license

dateJul 01, 2020
timeReading Time: 4 Minutes

Small finance banks primarily set up to support the under-privileged section of the economy, which often fails to a...

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Goods and Service TaxNBFC

Unfurling the Impact of GST on Banks and NBFCs

dateJun 27, 2020
timeReading Time: 5 Minutes

There is a noticeable impact of GST on Banks and NBFCs. Not only these sectors but also GST effects are visible in...

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NBFC

Buying and Selling of NBFCs in India: A Complete overview

dateJun 27, 2020
timeReading Time: 4 Minutes

In financial terms, the buying of NBFC seldom refers to the acquisition of a corporate, whether by approval, wherei...

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NBFC

A Complete Overview on Participation of NBFCs in Insurance Business

dateJun 26, 2020
timeReading Time: 4 Minutes

It's a well-known fact that RBI has rendered their permission to NBFCs to diversify its footprint in the insurance...

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NBFC

Prerequisites of NBFC Registration: A Comprehensive Overview

dateJun 25, 2020
timeReading Time: 7 Minutes

Non-Banking Financial Institutes, aka NBFCs, are the anchor of the financial sector, accountable for the 12.5% rise...

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