NBFC

Sign up To Get Latest Articles Direct To Your Inbox.

The Knowledge Corner
Process of NBFC Merger as per Companies Act 2013
Karan Singh
| Updated: Sep 09, 2021 | Category: NBFC

Process of NBFC Merger as per Companies Act 2013

NBFCs or Non-Banking Financial Companies are financial companies that provide all the financial-related services. NBFCs are registered under the Companies Act 2013. Non-Banking Financial Companies also provide asset financing support,...

MORE
NBFCs utilize Voice AI to formulate Differentiated Customer Experiences
Karan Singh
| Updated: Sep 03, 2021 | Category: NBFC

How can NBFCs utilize Voice AI to formulate Differentiated Customer Experiences?

Currently, NBFCs (Non-Banking Financial Companies) play an essential role in financial inclusion by prolonging credit to underserved retail, small businesses, and customers in India. This industry has observed vast growth...

MORE
What are the Functions of NBFCs in India
Karan Singh
| Updated: Aug 17, 2021 | Category: NBFC

What are the Functions of NBFCs in India? – An Overview

With the increasing functions of NBFCs in the Indian Economy, the RBI (Reserve Bank of India) announced the notification Master Direction – IT (Information Technology) Structure for the Non-Banking Financial...

MORE
RBI Presents NBFCs Dividend Distribution Guidelines
Karan Singh
| Updated: Aug 04, 2021 | Category: NBFC, RBI Advisory

RBI Presents NBFCs Dividend Distribution Guidelines

The RBI (Reserve Bank of India) issued guidelines on NBFCs Dividend Distribution to introduce greater consistency and transparency in practice. The guidelines shall be successful for declaration of dividend from...

MORE
Regulations governing NBFCs in India: An Overview
Karan Singh
| Updated: Jul 26, 2021 | Category: NBFC

Regulations governing NBFCs in India: An Overview

NBFC (Non-Banking Financial Company) is a financial company that offers financial and banking services, and it is regulated by the RBI (Reserve Bank of India) within the structure of the...

MORE
RBI Notification for Appointment of Statutory Auditors of NBFCs & Banks
Karan Singh
| Updated: Jul 19, 2021 | Category: NBFC, RBI Advisory

RBI Notification for Appointment of Statutory Auditors of NBFCs & Banks

The Reserve Bank of India has recently announced the notification for the appointment of statutory auditors of NBFCs and banks. The guidelines for the selection of statutory auditors of commercial...

MORE
RBI Provides the Risk Based Internal Audit Rules to HFCs
Karan Singh
| Updated: Jul 07, 2021 | Category: NBFC

RBI Provides the Risk Based Internal Audit Rules to HFCs

The Reserve Bank of India has issued a notification concerning the extension of risk based Internal Audit Rules to all non-deposit taking and deposit-taking Housing Finance Companies with assets not...

MORE
The RBI States Maximum Dividend Payout Ratio for NBFCs - An Overview
Karan Singh
| Updated: Jul 05, 2021 | Category: NBFC, RBI Advisory

The RBI States Maximum Dividend Payout Ratio for NBFCs – An Overview

The RBI (Reserve Bank of India) released guidelines that state the criteria for NBFCs to declare dividends. The RBI (Reserve Bank of India) claimed that the new rules are framed...

MORE
MFI as NBFC
Karan Singh
| Updated: Jun 28, 2021 | Category: NBFC

MFI as NBFC: How to Establish a Micro Finance Institution as NBFC?

A Micro Finance Institution can be established as an NBFC (Non-Banking Financial Company). There are certain necessities that should be fulfilled for setting up the MFIs as NBFC. There are...

MORE
FATF Non-compliant Jurisdictions
Karan Singh
| Updated: Jun 16, 2021 | Category: NBFC

RBI Strengthens Investment Regulations in NBFC from FATF Non-compliant Jurisdictions

Currently, the RBI (Reserve Bank of India) issues a notification to impose restrictions on investments in NBFCs (Non-Banking Financial Companies) by investors from the FATF non-compliant jurisdictions. Such restrictions were...

MORE
Hi! My name is Akanksha! Let's talk.