NBFC

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Depositor’s remedy in case of defaults in repayme...

non-banking financial company

A Non-Banking Financial Company(NBFC) is a company registered under the Companies Act of 1956 that engages in the business of loans and advances, the purch...

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NBFC

Safe custody of liquid assets and collection of interes...

liquid assets

As a regulatory requirement, an NBFC's operations must include the safe custody of liquid assets and the collection of interest on securities with a Statut...

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NBFC

Provisions for a penalty on ARC for non-compliance

ARC

Financial Institutions called Asset Reconstruction Companies ("ARCs") reconstruct and securitise bad assets held by banks and other financial institutions....

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NBFC

Advertisement and Statement in lieu of Advertisement by...

Advertisement and Statement in lieu of Advertisement by the NBFC Soliciting Public Deposit

The Reserve Bank of India regulates Non-Banking Financial Companies in India, and they are subject to specific regulations and guidelines regarding adverti...

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NBFC

Payment of interest on overdue public deposits by NBFC...

Payment of interest on overdue public deposits by NBFC

The Reserve Bank of India regulates Non-banking Financial Companies in accordance with the RBI Act of 1934. Investing in a fixed deposit with NBFC is a goo...

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NBFC

Intimation of maturity of deposits to depositors by NBF...

Intimation of maturity of deposits to depositors by NBFC

The Reserve Bank of India (the Bank) issued Non-Banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2016, after determinin...

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NBFC

Constitution of Committees of the Board by NBFC

Constitution of Committees of the Board by NBFC

Compared to other organisations, the corporate governance of Non-Banking Financial Companies is distinct and special. It is a result of the NBFC's actions...

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NBFC

Requirement of maintenance of liquid assets by NBFC -D...

NBFC

One of the major driving forces for the development of the Indian economy is NBFC. Due to its customer-focused business practices, this industry has experi...

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