NBFC

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NBFC Nidhi Company

Conversion of a Nidhi Company into a Full-Fledged NBFC...

Convert Nidhi Company into a Full-Fledged NBFC Company

The article speaks about the conversion process from a Nidhi company into a full fledged NBFC Company. Nidhi Company carries out business of lending and bo...

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NBFC

NBFC Registration

NBFC Registration

NBFC registration is for those banking services obtained by complying with the Companies Act, 2013 provisions and RBI Act, 1934. However, a company, after...

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NBFC

Main Characteristics of an Ideal NBFC Software

Characteristics of Ideal NBFC Software

With high competition in the loan market in India and where borrowing cost is very high, there is a need for the development of a software which makes the...

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NBFC

How NBFC is different from Nidhi and Micro Finance Comp...

Difference between NBFC, Nidhi & Micro Finance Company

NBFC is a company registered under the Companies Act, 2013. NBFC is regulated by the Reserve Bank of India (RBI).  It is defined under RBI in Section...

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NBFC

Prerequisites of NBFC Registration

Prerequisites of NBFC Registration

NBFCs have a crucial role to play in the Indian GDP. Therefore their registration process is made simpler. The company that wishes to register NBFC can app...

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NBFC

How are NBFCs different from Banks

How are NBFCs different from Banks

A lot of individuals would come across the word NBFC.  Hearing this, they would think that all finance companies established would carry out activitie...

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NBFC

Prior Approval for NBFC’s Merger/Amalgamation from R...

Amalgamation from RBI

Reserve bank of India(RBI) being a Regulatory body for NBFC operating across India Came up with a requirement to curb the takeovers of the these Financials...

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NBFC

Surrendering the NBFC license: Reasons and procedure...

NBFC license

The term NBFC stands for Non-Banking Financial Company which has great significance in India. It fulfills the role of providing sound financial funding in...

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