Fema / RBI : RBI has standardized the 90-day NPA classification rule across all NBFC categories, including NBFC-BL entities, effective 31 March...
Fema / RBI : The article explains that a company qualifies as an NBFC only when more than 50% of both its assets and income arise from financia...
Fema / RBI : RBI has created a new category called Unregistered Type 1 NBFC for companies operating only with internal or group funds and witho...
Fema / RBI : RBI plans to ease registration norms for low-risk NBFCs to reduce compliance burden. The move aims to encourage innovation while m...
Fema / RBI : The draft directions require compulsory registration once assets cross ₹1,000 crore. Regulatory intensity now rises with systemi...
Fema / RBI : RBI drafts amendments to NBFC Scale Based Regulation, introducing 'High-quality infrastructure projects' and tiered risk weights o...
Fema / RBI : The RBI's draft directions for NBFCs, effective April 1, 2026, revise guidelines on lending to 'related parties' to manage conflic...
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 : The Court held that rejection of NBFC registration surrender solely due to meeting PBC was unsustainable without giving an opportu...
Income Tax : An NBFC's claim for on an irrecoverable loan was allowed by the ITAT, which overturned the disallowance. The court ruled that non-...
Income Tax : ITAT Mumbai held the disallowance on basis that the ESOP expenses is contingent in nature cannot be sustained. However, amount cla...
Fema / RBI : Delhi High Court sets aside RBI's cancellation of NBFC registration for failure to meet Rs. 200 Lakh NOF, directs fresh review of ...
Corporate Law : Supreme Court held that Banks/ Non-Banking Financial Companies (NBFCs) are obliged to adopt restructuring process of MSME as conte...
Fema / RBI : NBFCs can retain or upgrade borrower accounts to standard upon resolution plan implementation. The amendment balances borrower rel...
Fema / RBI : The RBI proposes replacing the existing dual methodology with a single asset-based criterion for identifying NBFC-UL entities. The...
Fema / RBI : RBI’s Amendment Directions enable NUCFDC to raise capital beyond statutory private placement limits. The decision ensures broade...
Fema / RBI : The RBI amended NBFC Credit Facilities Directions to align asset classification and provisioning with updated prudential norms. Th...
Fema / RBI : The RBI has amended IRACP norms to permit NBFCs to factor in Default Loss Guarantee arrangements while computing Expected Credit L...
ITAT Mumbai held the disallowance on basis that the ESOP expenses is contingent in nature cannot be sustained. However, amount claimed as expenditure, the basis of allocation of ESOP cost by GSGI etc., needs to be factually examined. Hence, matter remanded.
A summary of the growth, crises, and regulatory reforms of India’s NBFC sector. The article examines their role in credit distribution and responses to systemic weaknesses.
Indian NBFCs are increasingly raising funds via offshore syndicated loans. This shift is driven by lower global rates, but introduces currency and refinancing risks.
Understand the different types of Non-Banking Financial Companies (NBFCs) in India, including classifications by liability and the RBI’s layered framework.
This article explains two key regulatory metrics for NBFCs in India: Net Owned Funds (NOF), a capital requirement, and Principal Business Criteria (PBC), which defines core financial activities.
The takeover process shall primarily involve a thorough review of the target NBFC’s documentation by the Acquirer. Upon the Acquirer’s approval of the acquisition, a Memorandum of Understanding (MoU) will be executed, accompanied by a token consideration. As part of the regulatory and compliance procedures, Know Your Customer (KYC) documents, a detailed business plan, and […]
NBFC business is really taking off these days, and a lot of new players have jumped in. Many have gotten their approval from RBI and Certificate of Registration (CoR) to start operating as NBFCs.
Know the three situations where RBI approval is required for NBFCs—takeover, 26% share acquisition, and board changes over 30% in a financial year.
Overview of annual compliance requirements for Non-Banking Financial Companies (NBFCs) in India, including RBI regulations and Companies Act, 2013.
RBI releases updated Master Circular on bank finance to NBFCs. Consolidates existing instructions, no new guidelines in this revision.
