NBFC

NBFC is the acronym form for the Non-Banking Financial Company. It is also one of the types of business structure which is an approved financial institutio...

The Ministry of Corporate Affairs (MCA) in its notification dated 24th February 2020 has notified that the eligibility limit for NBFC’s having assets wor...

Section 3(7) of the IBC 2016, (Code), has excluded the financial service providers (FSPs), which concludes that the corporate insolvency resolution process...

The Ministry of Corporate Affairs or MCA on 30th January 2020 published Companies (Accounts) Amendment Rules, 2020. These new rules amend the already exist...

OKCredit, Khatabook, BharatPe all are fast-growing Fintech startups. All these Fintech companies in India are applying to get their own NBFC license. Peopl...

Non-Banking Financial Companies or NBFC plays a vital role in India’s financial system. However, the Government has proposed to provide credit Guarantee...

The last date for filing of AOC-4 NBFC (Ind AS) and AOC-4 CFS NBFC (Ind AS) has been extended to 31st March, 2020 The Ministry of Corporate Affairs (MCA) h...

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

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

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

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...

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...