In India, the number of Non-Banking Financial Companies is decreasing radically, mainly due to the amended criteria for the net owned funds. The rate of cancellation has been escalated appreciably...
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In terms of finances, the buying of NBFC is often called business entity takeover, whether by approval, wherein the seller entity is ready to sell its assets to the company...
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The Peer-to-Peer is a digital platform that focuses on filling the gap between individuals who can lend & those who are looking for credit without collateral. The foremost transition of...
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In the P2P platforms, individuals both borrow and lend from each other. Generally, borrowers who are unable to attain funding from a financial institute mostly due to insufficient credit score...
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On April 04, 2019, Ombudsman Scheme was introduced by the Reserve Bank of India to restrain the complexities regarding grievance redressal mechanism for particular services provided by the Non-Banking Financial...
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Corporate Governance mentions to a set of principles, system, and process by which an organisation is ruled. It supports guidelines as to how an organisation can be directed to meet...
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The full form of Fintech is Financial Technology, which involves traditional finance business through the P2P Model, asset management, crowdfunding, and mobile payments loan. Precisely, such companies don’t fit with...
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Possessing a house is one of the most crucial decisions because it requires a lot of money, including years of savings. Buying a new property is a type of investment...
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It is an extremely recognised fact that the Reserve Bank of India has provided their permission to NBFCs (Non-Banking Financial Companies) to expand its footstep in the insurance-related business. Non-Banking...
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In this article, we are going to focus on different provisions concerning NBFC and Housing Finance Company, its filing process, amendments, and exemptions. Companies Act 2013; Section 186 primarily highlights...
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