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NBFC

Payment of interest on overdue public deposits by NBFC...

Payment of interest on overdue public deposits by NBFC

The Reserve Bank of India regulates Non-banking Financial Companies in accordance with the RBI Act of 1934. Investing in a fixed deposit with NBFC is a goo...

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NBFC

Intimation of maturity of deposits to depositors by NBF...

Intimation of maturity of deposits to depositors by NBFC

The Reserve Bank of India (the Bank) issued Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2016, after determinin...

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NBFC

Constitution of Committees of the Board by NBFC

Constitution of Committees of the Board by NBFC

Compared to other organisations, the corporate governance of Non-Banking Financial Companies is distinct and special. It is a result of the NBFC's actions...

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NBFC

Requirement of maintenance of liquid assets by NBFC -D...

NBFC

One of the major driving forces for the development of the Indian economy is NBFC. Due to its customer-focused business practices, this industry has experi...

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NBFC

Branches & appointment of agents by NBFC to collec...

Appointment of Agents

An organisation that offers financial services but does not hold a full banking licence is known as an NBFC (Non-Banking Financial Company). They provide s...

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NBFC

Nomination rules under Section 45QB of the RBI Act

Section 45QB

Many investors use fixed deposits as their primary investment vehicle. Investors with a high-risk tolerance use fixed deposit plans to build a steady portf...

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NBFC

Closure of branch by non-banking financial company (NBF...

Closure of branch

The Reserve Bank of India (RBI) is crucial in regulating NBFC, including branch openings and closings. While NBFCs are free to decide when to close their b...

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NBFC

Restriction on acceptance of public deposits by NBFC...

Restriction on acceptance of public deposits by NBFC

In India, Non-Banking Financial Companies are subject to certain restrictions from taking public deposits. The RBI[1] (Reserve Bank of India) controls and...

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