"Hi! I am a cost accountant working as a Finance Manager in a private concern."
NBFC-MFI Directors’ Report 2025 reviews financials, noting capital adequacy exceeding the 15% mandate and the required Statutory Reserve transfer. The report highlights heightened microfinance industry stress, compliance with RBI guidelines, and the transition to 100% demat shareholding.
A rights issue in a private limited company requires amending the authorized capital if necessary, holding Board and EGM meetings, and circulating a Letter of Offer for 15-30 days.
NBFC-MFI shifts to NBFC-ICC to diversify loans, including secured and unsecured credit. RBI norms, NOF ₹10 crore, and compliance guide the transition.
