by admin | Dec 23, 2019 | NBFC
Non Banking Financial Companies (NBFCs) are financial institutions, other than the Cooperative and Commercial Banks, which provide a variety of financial and non-financial services to individuals, business enterprises, entrepreneurs, etc. They are not required to hold...
by admin | Dec 20, 2019 | NBFC
Reserve Bank of India is entrusted with the responsibility of regulating and providing Non-Banking Financial Company or NBFC, the guidelines to operate. The powers are listed in Chapter III B of the Reserve Bank of India Act, 1934. The objective is to: ensure healthy...
by admin | Dec 16, 2019 | NBFC
NBFC or Non-Banking Financial Companies have played play a crucial role in promoting inclusive growth in India, so far. By catering to the diverse financial needs of those falling outside the purview of banks. NBFC Companies are financial intermediaries involved in...
by admin | Nov 29, 2019 | NBFC
Section 45I of the Reserve Bank of India Act, 1934 states NBFC meaning as – a Non-Banking Financial Institution which is a company, and which has as its principal business the lending in any manner, or receiving of deposits – under any scheme or arrangement, or in any...
by admin | Nov 29, 2019 | NBFC
About NBFCs The banking sector all over the world constitutes a large number of financial operations such as deposits, loans, etc. Most nations have a centralized bank to regulate all the banks operating in that nation. There are various types of financial...
