NBFC

Narendra Kumar

25 Sep, 2020

Every Company has a principal place of business known as the registered office. A registered office is the official address of a company to which all offic...

Narendra Kumar

25 Sep, 2020

For the declaration of dividend by NBFC, it is mandatory to transfer 20% of PAT to a reserve fund. What is Dividend by NBFC? The dividend is the payment en...

Narendra Kumar

25 Sep, 2020

What is the meaning of NBFCs\Bank? Banks are a type of financial institutions which make loans as well as accept deposits from the public. Mainly two types...

Narendra Kumar

03 Dec, 2020

The process of change in the object clause of NBFC is almost similar to the normal private limited company or limited company, but also require the approva...

Narendra Kumar

02 Dec, 2020

India has witnessed a significant interest in foreign Funding in NBFC Sector of India post 1991.Conventionally, India had a bank-dominated financial servic...

Narendra Kumar

02 Dec, 2020

NBFC in India has witnessed huge growth in Indian Market. Considering growth factor and expanding business globally, NBFCs have started looking to set up s...

Narendra Kumar

02 Dec, 2020

RBI is putting strict regulations on NBFCs. Since NBFC deals with financial activities it is essential to ensure the fit and proper character of the manage...

Narendra Kumar

30 Nov, 2020

AS per Companies Act deposit is defined as under:“deposit” comprises of any kind of receipt of money by way of deposit or loan or in any other form by...