by admin | Dec 21, 2019 | NBFC
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...
by admin | Dec 14, 2019 | NBFC
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...
by admin | Dec 6, 2019 | NBFC
NBFC or Non-Banking Financial Companies cater to the diverse financial needs of those falling outside the purview of banks. This is how the existing NBFC list in India has been crucial in promoting inclusive growth. Further, NBFCs are quite proactive in the field by...
