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NBFC

Learning » NBFC

Mar 28 2020

Check List for an NBFC Business Model

A business plan is a document that describes the nature of the business, the objective/ goals of the business and marketing strategies which will be follow...

Mar 26 2020

Priority Sector On-Lending by NBFC

The Reserve Bank of India issued a notification on 23rd March 2020 regarding the Priority Sector on-Lending by NBFC.  This circular will cover the ext...

Mar 19 2020

Payment Gateway License in India

All of us must have experienced the ease and flexibility of online shopping in India. Moreover, the bill payments, mobile recharge, DTH recharge etc, are t...

Mar 16 2020

Guidelines for Ind AS Implementation by NBFC’s, ARC...

The Reserve Bank of India rolled out regulatory guidelines for implementing Indian Accounting Standards (Ind AS) by non-banking financial companies (NBFCs)...

Mar 08 2020

NBFC: Things to know before Incorporating this Financia...

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...

Mar 05 2020

Eligibility Criteria for Debt Recovery Reduced for NBFC...

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...

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Feb 29 2020

NBFC can now go for insolvency resolution process under...

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

Feb 13 2020

Companies (Accounts) Amendment Rules 2020- Filing of Fi...

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

Feb 06 2020

NBFC License Is the New Goal of Fintech Startups

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

Feb 04 2020

Impact of Budget 2020 on NBFCs

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

Feb 01 2020

MCA extends the last date for filing of AOC-4 NBFC

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...

Jan 31 2020

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

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...

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