Fema / RBI : Know the three situations where RBI approval is required for NBFCs—takeover, 26% share acquisition, and board changes over 30% i...
Company Law : Overview of annual compliance requirements for Non-Banking Financial Companies (NBFCs) in India, including RBI regulations and Com...
Finance : Learn the NBFC takeover process, types, prerequisites, and RBI compliance. A complete guide for businesses looking to acquire an N...
Fema / RBI : Learn the step-by-step process for NBFC registration in India, including required documents, eligibility, and RBI compliance. Unde...
Fema / RBI : Concerns rise over improper practices in microfinance involving misuse of Rule 12 Declarations and MGT-14 forms by private and Sec...
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 : 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 : 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...
Fema / RBI : RBI releases updated Master Circular on bank finance to NBFCs. Consolidates existing instructions, no new guidelines in this revis...
Fema / RBI : RBI restores risk weights on SCB exposures to NBFCs, reversing the 25% increase from November 2023. New rules take effect from Apr...
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. ...
GST has changed financial transactions and compliance standards for Non-Banking Financial Companies in India. Learn more about the Application of GST on NBFCs here!
Navigating Middle-layer NBFC Scale-Based Regulations with the RBI’s Master Direction. Learn about the 4-layered structure for NBFC’s & INR 1,000 crore asset size requirement.
Understand RBI’s guidelines from October 2023 to regulate unsecured loans by Banks & NBFCs. Risks weights raised for personal loans, credit cards & loan to NBFCs.
Explore RBI’s recent regulatory steps to manage consumer credit growth and NBFC reliance on bank borrowings. Updated risk weights and credit standards are crucial for financial stability.
RBI decided to extend Prompt Corrective Action (PCA) Framework to Government Non-Banking Financial Companies (NBFCs), excluding those in the Base Layer, effective from October 1, 2024.
Explore the RBI’s proactive approach to curb customer complaints against banks. Learn about the guidelines restraining penal interest on loans, emphasizing fair practices. Discover how the RBI promotes credit discipline, protecting borrowers from debt traps. Ensure you comprehend the recent changes in lending practices to make informed financial decisions.
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.
