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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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NBFC

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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NBFC

XBRL Returns for NBFCs

XBRL Returns for NBFC

NBFC has been imposed by RBI with the mandatory filing of returns in XBRL mode from financial 2019-20 onwards. A financial institution is categorized as an...

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NBFC

Raising money through private placement of NCDs by appl...

Raising money through private placement of NCDs by applicable NBFCs

NBFC must comply with both the RBI and the Companies Act 2013 requirements to operate. Even though both regulators work best together when possible, this i...

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NBFC

Guidelines for Relief Measures in the Areas Affected by...

Guidelines for Relief Measures in the Areas Affected by Natural Calamities by NBFCs

The Reserve Bank has issued guidelines to banks regarding matters relating to relief measures to be provided in areas affected by natural calamities. It ha...

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NBFC

Managing Risks and Code of Conduct in Outsourcing of Fi...

Managing Risks and Code of Conduct in Outsourcing of Financial Services by NBFCs

The Reserve Bank of India, acting in accordance with the authority granted to it by Section 45 L of the Reserve Bank of India Act, 1934, and to establish t...

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NBFC

Organization Structure of Small NBFCs

Organization Structure of Small NBFCs

Non-Banking Financial Organisations play a critical role in offering a variety of financial services to various of financial services to various categories...

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NBFC

Revised Regulatory Norms for NBFCs

NBFC Regulatory Framework

A Non-Banking Financial Company (NBFC) is registered under the company law and governed by the RBI. It is mainly engaged in those businesses to provide adv...

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