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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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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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Branches & appointment of agents by NBFC to collec...

Appointment of Agents

An organisation that offers financial services but does not hold a full banking licence is known as an NBFC (Non-Banking Financial Company). They provide s...

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Nomination rules under Section 45QB of the RBI Act

Section 45QB

Many investors use fixed deposits as their primary investment vehicle. Investors with a high-risk tolerance use fixed deposit plans to build a steady portf...

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Closure of branch by non-banking financial company (NBF...

Closure of branch

The Reserve Bank of India (RBI) is crucial in regulating NBFC, including branch openings and closings. While NBFCs are free to decide when to close their b...

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Restriction on acceptance of public deposits by NBFC...

Restriction on acceptance of public deposits by NBFC

In India, Non-Banking Financial Companies are subject to certain restrictions from taking public deposits. The RBI[1] (Reserve Bank of India) controls and...

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Fit and Proper Criteria for NBFCs

Fit and Proper

A nation is being built by the non-banking finance company through the development of wealth, the creation of jobs, the arrangement of working capital, and...

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Returns by NBFC Having Overseas Investment

Returns by NBFC Having Overseas Investment

The RBI has issued Non-Banking Financial Company Returns (Reserve Bank) Directions, 2016. An authorised representative of the NBFC, who will be officially...

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