Fema / RBI : Explore NBFC Fair Practice Code under RBI Scale Based Regulations. Learn about guidelines, transparency, customer rights, and grie...
Fema / RBI : Explore the role of Non-Banking Financial Companies (NBFCs) in India's financial landscape, their types, and regulatory compliance...
CA, CS, CMA : Delve into the CRB Scam case study of 1996, exposing loopholes exploited by Bhansali, implications on public funds, and the vital ...
Fema / RBI : RBI directs NBFCs to adhere to a Rs 20,000 cash loan disbursement limit, aiming to regulate cash transactions and enforce complian...
Fema / RBI : Learn about Non-Banking Financial Corporations (NBFCs) in India, their regulation by the Reserve Bank, types, criteria, and import...
CA, CS, CMA : RBI prescribes that an audit firm can concurrently take up audit of maximum of eight NBFCs during a year, irrespective of the asse...
Fema / RBI : RBI directs NBFCs to adhere to a Rs 20,000 cash loan disbursement limit, aiming to regulate cash transactions and enforce complian...
Income Tax : Whether interest retained by NBFCs on assets purchased by SBI falls under categories of interest, fees for professional/technical ...
Income Tax : In ITO Vs Saivi Finance Pvt Ltd, ITAT Delhi restores the matter back to AO due to denial of natural justice, assessees not given c...
Service Tax : HC Held that, FC collected by banks or NBFC on premature termination of loans cannot be subject to service tax under Banking & Oth...
Fema / RBI : Explore the latest RBI circular on Credit/Investment Concentration Norms impacting Non-Banking Financial Companies. Learn about co...
Fema / RBI : Explore the draft circular by RBI on harmonising regulations for Housing Finance Companies (HFCs) with Non-Banking Finance Compani...
Fema / RBI : Explore RBI Draft Circular on Credit/Investment Concentration Norms for Government-owned NBFCs. Provide feedback by Feb 29, 2024. ...
Corporate Law : Explore the latest IRDA circular allowing insurers to invest in Infrastructure Debt Funds-NBFCs, streamlining the process for enha...
Fema / RBI : Explore RBI's recent regulatory steps to manage consumer credit growth and NBFC reliance on bank borrowings. Updated risk weights ...
This article delves into the fundamental aspects of not-for-profit companies elucidating their purpose, key features, authorized activities, benefits, and their distinctive role in promoting social welfare. By examining recent legislative developments and exploring the core attributes of not-for-profit companies, this article aims to shed light on their significance in the broader societal context.
RBI’s regulations on changes in management & control of NBFCs. Learn about prior approvals, public notice requirements, and critical documentation.
Guide to procedure for share buy-back in a Non-Banking Financial Company (NBFC), including application format for RBI approval. Know more.
Instances arise where NBFCs fail to accurately calculate interest on these deposits, especially when it comes to considering the compounding frequency (RESTS) on a monthly, quarterly, or yearly basis.
Understand NBFC-CICs with this note covering their definition, qualification criteria, types of NBFCs, and specific details on Core Investment Companies. Stay compliant with RBI regulations. Contact us for queries.
NBFC Is a company registered under companies act 1956 or 2013, Engaged in business loans and advances, acquisition of shares/debenture /bonds issued by government or local authority
Understand RBI’s regulatory restrictions on loans and advances by NBFCs, effective from October 01, 2022. Learn about limits for directors, senior officers, and real estate sector exposure. Stay compliant.
RBI provisions require banks to set aside a minimum percentage of funds to cover expected credit losses .NBFCs are required to hold a 0.25% reserve. for outstanding loans on personal home loans and loans to small and micro businesses.
Ensure compliance with NBFC registration requirements with this comprehensive checklist covering RBI certificate, incorporation documents, CIC registration, FIU, CERSAI, and CKYC essentials.
Learn about Non-Banking Finance Companies (NBFCs): their registration with RBI, restrictions, and various types including Asset Finance Company, Investment Company, Loan Company, and more.
