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NBFC Incorporation Process in India

NBFC Incorporation Process in India

NBFC can have the power to raise funds from the public, directly or indirectly. NBFC's incorporation process in India has provided a free hand in lending t...

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Appeal against the cancellation of NBFC Registration...

Appeal against the cancellation of NBFC Registration

There are always certain conditions mandatorily fulfilled by the companies liable for carrying out the NBFC activities. At any point in time, if the RBI no...

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NBFC

How do you start a microfinance business in India?

How do you start a microfinance business in India

The traces of microfinance business in India will let us go back to 1974. The credit goes to the Self-employed Women’s Association (SEWA) established in...

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NBFC

NBFC Regulation and its Formation

NBFC Regulation and its Formation

In the dynamic panorama of the economic zone, the emergence of Non-Banking Financial companies has played an important function in reshaping the convention...

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NBFC

List of Disclosure in Annual Report for NBFCs- As per R...

List of Disclosure in Annual Report for NBFCs- As per RBI

NBFC must disclose all the facts in case of the auction to RBI in its annual reports, including- adherence to specific conditions for the auction and detai...

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NBFC

Non-banking Financial Company (NBFC) and their evolutio...

Non-banking Financial Company (NBFC) and their evolution in the present financial market

Non-banking financial company is a financial institution, or a company registered under the Companies Act 2013. Unlike a traditional bank, it provides bank...

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NBFC

Compliances for Upper Layer

Compliances for Upper Layer

The Upper Layer shall comprise the NBFCs, which the Reserve Bank identifies explicitly as necessary to increase the compliance requirement based on a set o...

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The Future of NBFC Account Aggregators in India

The Future of NBFC Account Aggregators in India

In recent years, RBI disclosed and displayed publically that the NBFC-AA (Account Aggregator) network is a financial data-sharing system that has revolutio...

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