NBFC

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NBFC

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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NBFC

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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NBFC

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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NBFC

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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NBFC

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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NBFC

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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NBFC

Compliant with NCLT for non-payment of deposits by NBFC...

Compliant with NCLT for non-payment of deposits by NBFC

The Company Law Board handled the authorities and responsibilities of the Companies before creating the National Company Law Tribunal (NCLT) and National C...

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NBFC

Risk Management Framework for NBFCs

Risk Management

In India, the SEBI and the Reserve Bank of India[1] both regulate NBFCs. They are essential to the financial industry. They assist with the loan process. B...

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