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The Schedule III of the Companies Act 2013 describes instructions for presenting financial statements of the company as per “Accounting Standards (AS) as...
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...
RBI’s Deputy Governor N.S Vishwanathan said that there is adequate liquidity facility in the system to meet NBFCs needs for borrowings Reserve Bank of In...
The Finance Minister of India has directed commercial banks to hold a meet for NBFCs to credit loans to NBFCs. The step has been taken to increase credit d...
Non-Banking Financial Companies are registered under the Companies Act and are governed by the RBI[1]. The activities of the NBFCs are similar to that of a...
The Government has removed the Debenture Redemption Reserve, which was required before for Non-Banking Financial Companies {NBFCs}, Housing Finance Compani...
Reserve Bank of India by exercising its power conferred under section 45k, 45L and 45M of the RBI Act, 1934 issued a master direction to monitor the fraud...
The Non-Banking Financial Companies (NBFCs) adopted the Indian Accounting Standard (Ind AS) for the first time with the beginning of the accounting year 20...
India's digital payment system is growing rapidly. Now, many businesses are getting involved in...
AI is becoming an important part of banking, payments, securities markets, and financial servic...
The RBI has brought a change in the concentration of risk norms for NBFCs involved in infrastru...
The Securities and Exchange Board of India (SEBI) has recently proposed some important changes...
FIU-IND, or Financial Intelligence Unit – India, is an important financial intelligence agenc...
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