FAQs on NBFC

FAQs on 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+00:00September 6th, 2018|NBFC|

NBFC Vs Nidhi Company Vs Micro-Finance

What is NBFC

An NBFC is defined as the business of loans and advances or acquisition of shares, stocks, debentures, bonds as well as securities whether issued by the government or local authority but excluding such institutions whose principal business is related to agricultural activities, industrial activity or purchase or sale […]

By |2021-07-02T07:21:33+00:00August 31st, 2018|NBFC|

Prerequisites of NBFC Registration

Introduction to NBFCs

Non-Banking Financial Institutes or NBFCs are one of the major contributors to the 12.5% rise in GDP from the finance sector. NBFC registration procedures have been made very simplistic and easy to perform. Before we delve into the details, however, let’s briefly describe what NBFCs are NBFC […]

By |2021-06-29T12:58:46+00:00August 30th, 2018|NBFC|

RBI hitting on Government owned NBFCs – Withdrawing Exemptions

Overview

With the regulation governing Non-Banking Financial Companies, the RBI has always been ahead to play an important role in declaring compliances to the government-owned companies as well as non-government companies. In this article, we will let you know what initiatives the RBI has taken for the government NBFCs with respect to compliance as […]

By |2021-07-02T07:35:13+00:00August 30th, 2018|NBFC|
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