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NBFC

Checklist for Takeover of NBFC

Takeover of NBFC

The term NBFC stands for Non-Banking Financial Company which is registered under the Companies Act 1956/2013. The main business activity of NBFCs includes...

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NBFC

NBFC Checklist: Documents Required for NBFC Registratio...

Documents Required for NBFC Registration

NBFCs Registration is in huge demand post demonetization in India. RBI (Reserve bank of India)[1]  also understands the funding gap in the Indian Eco-syst...

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NBFC Nidhi Company

A Brief Comparison on Nidhi Company vs NBFCs

A Brief Comparison on Nidhi Company vs NBFCs

Section 406 of the Companies Act 2013 governs Nidhi Companies & RBI Act govern NBFC. In this article, we will compare Nidhi Company vs NBFC. They belon...

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NBFC

NBFCs in Insurance Business

NBFCs in Insurance

The Non-Banking Financial Companies (NBFCs) are considered almost similar to the conventional banks except a few differences which make them their counterp...

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NBFC

How to Change the Management of NBFCs?

Change in Management of NBFCs

It is very common for any Non-Banking Financial Company (NBFC) to change its management or to experience such change on account of resignation, death, reti...

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NBFC

Is Alternative Credit Scoring Method a Smart Move In In...

Alternative Credit Scoring

Alternative credit scoring refers to an electronic collection of data from the payment behavior of the consumer, associated with regular expenses such as m...

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NBFC

Systemically Important NBFCs to Be Classified As QIB...

systemically important NBFCs

RBI has allowed an NBFC with assets size more than 500 Cr to be classified as QIB (Qualified Institutional Buyers), this step of RBI has been welcomed by m...

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NBFC

NBFCs in India and their Future

NBFCs in India

The NBFCs in India have gone through a remarkable evolution over the past few years. They are recognized as one of the critically important components of t...

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