Understand the types of NBFCs and their compliance requirements under the new RBI directions of 2024. Learn about NBFC classifications, regulations, and RBI returns.
Discover the process of acquiring a .edu domain, its benefits, importance, and how it distinguishes educational institutions online.
Embark on the journey of opening a private university in the USA. Learn the steps, from business licensing to accreditation, ensuring a successful start for your educational institution.
Learn about Microfinance Company Registration in India. Explore the two types: NBFC-MFI and Section 8 microfinance company. Understand the process, requirements, and exemptions. Start your legal finance business with ease.
Learn about the exemption for section 8 microfinance companies from RBI approval. Understand how these companies can provide loans for the betterment of the poor.
Explore the world of Non-Banking Financial Companies (NBFCs), their differences from banks, RBI regulations, and the 50-50 test. Learn how NBFCs operate in the financial landscape.
Understanding the Changes in Nidhi Rules, 2014 with the Introduction of Nidhi (Amendment) Rules, 2022. Learn about the provisions and criteria before and after the amendment.
If you are running a Nidhi Company or planning to open a Nidhi Company and not sure about the NDH-4 will get approval or not and already frustrated with the amount of compliance you face, we have some good news for you. The government of India after certain recommendations from committee formed for Nidhi Company […]
On and after commencement of Nidhi (Amendment) Rules, 2022, public company desirous to be declared as a Nidhi shall apply, in Form NDH-4, within a period of one hundred twenty days of its incorporation for declaration as Nidhi
The definition of microfinance loans for ‘not for profit’ companies (registered under Section 8 of the Companies Act, 2013) is now aligned with the revised definition of microfinance loans viz., collateral-free loans to households with annual household income up to INR 3,00,000, provided the monthly loan obligations of a household does not exceed 50 per […]