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NBFC

Insolvency and Bankruptcy Code now covers NBFCs and oth...

Insolvency and Bankruptcy Code

Before the Insolvency and Bankruptcy Code, 2016 (IBC)[1] came into effect; there was no special law to regulate Insolvency and Bankruptcy in India. There w...

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NBFC

Requisite for the Conversion of NBFC into Banks

Conversion of NBFC into Bank

Non-Banking Financial Companies (NBFCs) are the financial institutions regulated by the Reserve Bank of India to provide credit facilities. Usually, NBFCs...

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NBFC

Notable Features of NBFC Software

NBFC Software Features

The NBFC sector in India has witnessed exponential growth over the years. Non-Banking Financial Companies (NBFCs) are financial entities that provide finan...

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NBFC RBI Regulations

Lending Rules for NBFCs Under Reserve Bank of India...

Lending rules for nbfc

Reserve Bank of India is playing a regulatory role in the NBFC sector. NBFC can neither run their business without getting the License from the RBI nor con...

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NBFC

Statutory Audit Checklist for NBFCs – Complete Ov...

Statutory Audit Checklist for NBFCs

The rapid growth of NBFCs, especially during the nineties, has led to a gradual blurring of the fine line between banks and NBFCs. Non-Banking Financial Co...

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NBFC

Audit Report Format for NBFC

Audit-Report-Format-for-NBFC

The audit report of the company is a key deliverable which shows the end results of the entire audit process. The decisions and plans of the Investors, Len...

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NBFC

Ind AS Presentation Format for NBFCs

Ind AS Presentation Format for NBFCs

The Schedule III of the Companies Act 2013 describes instructions for presenting financial statements of the company as per “Accounting Standards (AS) as...

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NBFC

Guidelines on Liquidity Risk Management Framework for N...

Income recognition norms for NPAs

The set of liquidity risk management criteria listed below must be followed by all non-deposit-taking NBFCs with assets of ₹100 crore or more, systemical...

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