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NBFC

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Jul 25 2017

Nidhi Company vs NBFCs

Section 406 of the Companies Act 2013 govern Nidhi Companies & RBI Act govern NBFC. In this article, we will compare Nidhi Company vs NBFC. It belongs...

Jul 15 2017

NBFCs in Insurance Business

The Non-Banking Financial Companies (NBFCs) are considered almost similar to the conventional banks except a few differences which make them their counterp...

Jun 26 2017

How to Change in Management of NBFCs

It is very common for any Non-Banking Financial Company (NBFC) to change its management or to experience such change on account of resignation, death, reti...

Jun 23 2017

Is Alternative Credit Scoring Method Is Really A Smart...

Alternative credit scoring refers to an electronic collection of data from the payment behavior of the consumer, associated with regular expenses such as m...

Jun 23 2017

Great Move by RBI Now – Systemically Important NB...

RBI has allowed an NBFC with assets size more than 500 Cr to be classified as QIB, this step of RBI has been welcomed by most of the Early-stage Non......

Jun 22 2017

Revised Regulatory Norms for NBFCs

NBFCs have emerged as one of the systemically important components of the financial system showing consistent year-on-year growth. They play a critical rol...

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Jun 22 2017

NBFCs in India and their Future

The NBFCs in India have gone through a remarkable evolution over the past few years. They are recognized as one of the critically important components of t...

May 30 2017

Minimum Capital Requirement of NBFCs

The NBFCs (Non-Banking Financial Companies) have come a long way in terms of their operation, size, technology and financial products. The first and foremo...

May 26 2017

Procedure for Incorporation of NBFC Under Companies Act...

NBFC is an acronym used for Non-Banking Financial Company incorporated under the Companies Act, 2013 and managed by RBI. The functions of an NBFC are mostl...

Effect of Demonetisation on NBFCs and MFIs

In many countries such as the US and the UK, large credit rating agencies such as  Equifax, Experience, and the Trans Union allow credit scores to be...

May 24 2017

How to Get NBFC License from RBI in India

Non-Banking Financial Companies (NBFCs) play an important role in financial inclusion and nation-building by joining hands with the banking sector for prov...

May 24 2017

Documents Required for NBFC Registration in India

Non-Banking Financial Companies (NBFCs) are emerging as a promising sector engaged in providing loans and advances to primarily retail customers and remote...

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