NBFC

Non-Banking Financial Company (Commonly abbreviated as NBFC) is a company registered under the Companies Act, 2013, who is engaged in the business of adv...

The Supreme Court of India recently stated that state enactments such as Kerala Money Lenders Act, 1958 and Gujarat Money Lenders Act, 2011 shall have no a...

Introduction   The importance of Non-banking finance companies (NBFCs) in a developing economy like India cannot be ignored. NBFCs play a crucial...

India’s central bank (RBI) has released guidelines on 19th April, 2022 with respect to the Scale based regulations for the Non-Banking Financial Companie...

On 19th April, 2022 the Reserve Bank of India notified about certain regulatory changes for NBFCs by amending the circular that it had issued in October 20...

The central bank has released four separate circulars viz. Large exposures framework for NBFCs- Upper Layer (NBFC-UL), scale based regulations for capital...

Introduction Every nation follows its own set of policies and standards for accounting. However, because of globalization in the previous few decades when...

Last year the RBI launched the account aggregator system in India as part of a move aimed at digital transformation in financial services. It provides grea...

Till date Non-Banking Financing Companies (NBFCs) have the permission of only issuing co-branded credit cards. According to some reports, RBI may allow NBF...

The Reserve Bank of India (RBI) on 17th of January, 2022 came out with regulations on Registration of Factors (Reserve Bank) Regulation, 2022. These regula...

Non-Banking Financial Companies have taken major strides in terms of their scale and diversity of operations. Now they play a crucial role in the promotion...

Banks must follow the internal capital adequacy assessment process in order to perform risk assessment. The RBI has placed the ICAAP requirement for middle...