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...
Explore essential RBI guidelines for NBFCs in India, including CIC membership, FIU-IND registration, CKYC, Fair Practice Code compliance, AML/CFT training, risk management policies, and timely returns.
RBI cautions banks and NBFCs on non-compliance with regulatory standards, highlighting risks associated with rapid home equity loan growth and poor monitoring practices.
Supreme Court held that Banks/ Non-Banking Financial Companies (NBFCs) are obliged to adopt restructuring process of MSME as contemplated in Notification dated 29th May 2015 prior to classification of account as Non-Performing Assets (NPA).
Explore NBFC Fair Practice Code under RBI Scale Based Regulations. Learn about guidelines, transparency, customer rights, and grievance redressal mechanisms.
Explore the role of Non-Banking Financial Companies (NBFCs) in India’s financial landscape, their types, and regulatory compliance requirements crucial for operational success.
Delve into the CRB Scam case study of 1996, exposing loopholes exploited by Bhansali, implications on public funds, and the vital role of auditors in maintaining transparency.
RBI directs NBFCs to adhere to a Rs 20,000 cash loan disbursement limit, aiming to regulate cash transactions and enforce compliance with income tax laws.
The ICAI’s Disciplinary Committee found CA. Vineet Gupta guilty of professional misconduct in an NBFC audit and imposed a reprimand and a Rs. 25,000 fine.
Whether interest retained by NBFCs on assets purchased by SBI falls under categories of interest, fees for professional/technical services, or commission/brokerage?
Learn about Non-Banking Financial Corporations (NBFCs) in India, their regulation by the Reserve Bank, types, criteria, and important issues.
