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NBFC

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Aug 10 2019

Mudra scheme for NBFCs – Special Refinance window...

The entire banking sector has been under severe liquidity stress, following the IL&FS bankruptcy along with many leading players like DHFL[1] reporting...

Aug 04 2019

RBI Requirements in Case of NBFC Takeover

NBFC takeover is one of the ways, how anyone starts a business in the NBFC sector. The other way is to incorporate a new Non-Banking Financial Company. The...

Aug 03 2019

NBFC Concerns: What are the Major Concerns of NBFC Sect...

NBFC sector faces various issues and challenges in their functioning. There are some major concerns of the NBFC Sector such as; the NBFC has to register it...

Aug 03 2019

NBFC Update- Ban of Foreclosure charges from Individual...

The Reserve Bank of India releases new guidelines related to NBFCs. The apex bank restricted NBFCs from charging foreclosure or pre-payment penalties from...

Aug 02 2019

New External Commercial Borrowings Norms for NBFC Fundi...

In a recent development, the RBI issued new guidelines for External Commercial Borrowings (ECB) in NBFC funding. The new norms are a favorable move for the...

Aug 02 2019

RBI Guidelines for Fair Practice Code of NBFCs

Fair Practice Code of one industry is different from that of another. It states that the sector is working according to the guidelines of the prescribed re...

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Jul 31 2019

New Trend in NBFC Business Model, Challenges and a Scal...

Fintech Based business model is the future of NBFC – a Scalable Business model The Indian economy has been very positive towards the fintech business. Th...

Jul 26 2019

Amendment in RBI Act: What is there for NBFCs?

Recently, amendments in the RBI Act were done in the Finance {No.2} Bill, 2019. It was passed by Lok Sabha on 18th July 2019. The Finance {No.2} Bill, 2019...

Jul 20 2019

Complete Story Behind Non Banking Financial Institution...

For the rapidly growing Indian economy, Non-Banking Financial Institutions (NBFC) is playing a vital role in the economic development of the country. NBFC...

Jul 18 2019

SIDBI Launched Pilot Scheme for FinTech NBFCs to Promot...

FinTech NBFCs are companies that make use of the latest technologies to provide Digital Lending. SIDBI launched a scheme to promote digital lending. The Sm...

Jul 17 2019

Foreign Investments Criteria for NBFCs: An Overview...

Companies and NBFCs make foreign investments by taking loans, Foreign Direct Investment etc. In this blog we are going to learn about what types of foreign...

Jul 15 2019

The Concept of Chit Fund Company and its Registration P...

Chit fund is a popular option for saving by contributing money in India. It is an unorganized money market industry which runs a chit company and provides...

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