Fema / RBI : RBI cautions banks and NBFCs on non-compliance with regulatory standards, highlighting risks associated with rapid home equity loa...
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...
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...
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...
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 ...
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.
Understand the impact of RBI’s Scale-based Regulations on NBFCs, including Base, Middle, and Upper layers, with insights on asset size and regulatory compliance.
HC Held that, FC collected by banks or NBFC on premature termination of loans cannot be subject to service tax under Banking & Other Financial Services
The Reserve Bank of India (RBI) is introducing the Scale Based Regulation (SBR) for all Non-Banking Financial Companies – learn how it affects you. Learn about the revised Regulatory Framework for NBFC’s from the RBI and its keypoints, such as Regulatory Structure-Categorization of the NBFC’s. SBR – Revised Regulatory Framework for NBFC.
Non- Banking Financial Companies [NBFCs] which are engaged in the business of financing should also be excluded from the scope of this section as they are undertaking the similar functions and are now being subject to similar regulations and compliances in respect of those functions.
Learn how NBFCs & HFCs can voluntarily surrender their CoR/License with the RBI’s application form & checklist of documents. 1 Dec 2022.
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.
If the consolidated asset (consolidation as per para 2 above) size of the Group is ₹1000 crore and above, then each Investment and Credit Company (NBFC-ICC), Micro Finance Institution (NBFC-MFI), NBFC-Factor and Mortgage Guarantee Company (NBFC-MGC) lying in the Group shall be classified as an NBFC in the Middle Layer
Reserve Bank of India RBI releases list of NBFCs in the Upper Layer under Scale Based Regulation for NBFCs The Reserve Bank of India announced today the list of NBFCs in the Upper Layer under Scale Based Regulation for NBFCs. 2. The Reserve Bank had issued the Scale Based Regulation (SBR): A Revised Regulatory Framework for […]
