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
Banks and Non-Banking Financial Companies (NBFCs) are the two main intermediaries providing financial services in India. NBFC is, generally, founded by private owner vs bank, which may be formed by the government or some governmental authority. And when the...
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...
by admin | Nov 21, 2019 | NBFC
Our Reserve Bank of India has been entrusted with the responsibility of supervising and controlling the Non-Banking Financial companies. Such financial institution, also commonly known as the NBFC come under the purview of RBI Regulation. NBFC is a company...