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....

NBFC Deposits, Reserve Funds, etc under RBI Act

The working and operations of an NBFC are governed within the framework of the Reserve Bank of India (RBI) Amendment Act, 1997, by RBI. Section 45-IA provides that no NBFC shall start or carry on the activities of Non- Banking Financial Institution (NBFI) without...
Check These Top NBFC in India

Check These Top NBFC in India

NBFCs are companies that are in the business of providing a wide range of specific financial services, without offering traditional banking facilities. India is the only country in the world that licenses financial institutions in 8 different categories as NBFCs,...