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The Knowledge Corner
Conversion of Nidhi Company to NBFC
| Updated: Jan 19, 2021 | Category: NBFC, Nidhi Company

Conversion of Nidhi Company to NBFC: A Complete Guide

In India, the concept of Nidhi Company is emerging as a popular trend, as it the cheapest way to incorporate an NBFC or Non Banking Financial Company. It shall be...

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Operational and Credit Policy Norms for NBFCs
| Updated: Jan 19, 2021 | Category: NBFC

Operational and Credit Policy Norms for NBFCs: A Complete Guide

In India, the concept of NBFC has made its presence six decades back, i.e., around 1960, and since then this lending structure is playing a significant role in serving the...

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Implementation Of Indian Accounting Standards
| Updated: Jan 08, 2021 | Category: NBFC, RBI Advisory

RBI Issues Guidelines For Implementation Of Indian Accounting Standards By NBFCs

In order to promote and encourage high quality and constant implementation of the Indian Accounting Standards or AS, as well as to facilitate comparison and improved supervision, the RBI (Reserve...

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Cancellation or Surrender of NBFC Registration
| Updated: Jan 07, 2021 | Category: NBFC

Cancellation or Surrender of NBFC Registration: A Complete Guide

In India, NBFC or Non Banking Financial Company works at a crucial position as it not only offer loans and assistance to weaker sections but provides sound financial growth to...

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Regulations for NBFCs
| Updated: Jan 07, 2021 | Category: NBFC

A Complete Overview of Regulations for NBFCs

A Non- Banking Financial Company (NBFC) is a financial institution engaged in the business of loans and advances, acquisition of stocks, shares, debentures, bonds, securities issued by the government or...

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NBFC Compliance under FEMA
| Updated: Dec 21, 2020 | Category: NBFC

A Complete Summary of NBFC Compliance under FEMA

Non- Banking Financial Company (NBFC) is a company registered under the Companies Act, 2013. NBFC is involved in the business of loans and advances, acquisition of stocks, shares, debentures, securities...

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