What are the External Commercial Borrowings Forms for NBFCs that have been updated?

The RBI recently published new criteria for NBFC funding through External Commercial Borrowings (ECB). The new rules are a win for the NBFC sector, which is struggling to raise capital from the domestic market. New parameters for NBFC funding through external commercial borrowings were recently released by the RBI (ECB). The new guidelines are a triumph […]

By |2021-06-22T08:02:27+05:30June 22nd, 2021|NBFC|

Difference between NBFC and Microfinance Companies

Non-Banking Financial Company Vs Micro Finance Institution

In India, Banks have some certain limitations because they are not able to open branches in remote and inaccessible places as India is geographically large country. Due to this, NBFCs and MFIs are being operated in rural parts of the country to meet banking requirements of the people. […]

By |2021-07-02T06:04:24+05:30September 18th, 2018|NBFC|

Changes in Indian Accounting Standard for NBFCs


Now it has been declared that Indian Accounting Standard(Ind AS) is mandatory for certain Non-banking Financial companies effective 1 April 2018 with the first quarter reporting out for some. But the transition to Ind AS for NBFCs might get postponed. This accounting change is expected to have a profound impact on the business of NBFCs. […]

By |2021-07-02T06:00:56+05:30September 13th, 2018|NBFC|



NBFCs or Non-Banking Financial Companies are a major contributor to the 12.5% GDP rise in India. In addition to this, NBFCs have a projected growth of a staggering 19-21% in the financial year 2018-19. So it’s pretty clear that NBFCs are a major part of India’s economy. […]

By |2018-10-25T08:03:36+05:30September 6th, 2018|NBFC|
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