How NBFC Play a Crucial Role in India’s Success Story

How NBFC Play a Crucial Role in India’s Success Story

NBFC During the economic crisis of 2009, businesses across the world got stuck because of not getting finances. The banks which provided finance to them struggled to keep afloat. Relying on just a few institutions has proved to be a costly mistake for many entities....
NBFC RBI: How to File Complaint & its Conditions

NBFC RBI: How to File Complaint & its Conditions

The rising number of complaints about deficiency in services against NBFC (non-banking finance company) has moved RBI (Reserve Bank of India) to establish a system of ombudsman similar to that of banks. The banking ombudsman has been operative for around 2 decades. By...
NBFCs: Eligibility, Registration & Returns to be Filed

NBFCs: Eligibility, Registration & Returns to be Filed

The Reserve Bank of India defines NBFCs as “companies registered under the Companies Act 1956, or later Act of 2013, engaged in the business of loans and advances, acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or...
NBFC P2P Lending & Its Complete Working

NBFC P2P Lending & Its Complete Working

NBFC P2P or Peer to Peer lending is the process of lending money to individuals or businesses through online portals. An individual or financial institution can become a lender at P2P lending and earn interest paid by the individual or business who has borrowed money....