Whether you want to set up an NBFC, enter into an agreement, or deal with a private lender, checking the NBFC license online is a safe practice. However, the question remains: how can one verify NBFC registration online? If the…
Loan recovery by NBFCs often falls under the RBI’s scrutiny due to unethical approaches. It isn’t something NBFCs can shape as per their needs. The Reserve Bank rolled out new guidelines regarding the same in the month of October this…
Running an NBFC is not all about following operational compliance; it is also about maintaining a minimum Net Owned Fund, shortened as NOF. So, what exactly is the NOF, and what does it have to do with NBFC compliance? How…
NBFC Account Aggregator, shortened to NBFC-AA, plays an instrumental role in making the financial sector more inclusive and customer-friendly. They share credit-seekers’ data with a certified lending partner swiftly, ensuring quicker assessment and granting of loans. However, things are about…
NBFCs in India face stringent financial regulations underpinned by the Reserve Bank of India. Central to these regulations are the NBFC principal business criteria. They require NBFCs to maintain certain thresholds of financial assets and income. Let’s see what these…
NBFCs’ contribution to the financial sector has remained unparalleled. They walk in tandem with traditional banks (although they are not supposed to act like a bank) to serve the unbanked section of the economy. With over 9000 NBFCs pan-India and…
Do you run an NBFC, or are you about to form one? Either way, you should know NBFC promoter eligibility, NBFC director eligibility, and the RBI fit and proper criteria. Why? It is because a watchdog like the Reserve Bank…
If a business needs a more stable and stronger legal structure, then an LLP to PVT Ltd conversion is a good option. A private limited company provides more freedom and safety than an LLP, which may have issues with long-term…
India’s logistics landscape is undergoing a big transformation. Thanks to the expansion of the port infrastructure, “Make in India,” and rising global e-commerce, the movement of goods has achieved historic highs. But the truth is, every consignment that travels across…
A trademark objection reply can be a big concern for people whose brand is about to be breached. In most cases, the objections can be resolved, but they can also linger for weeks, leaving your brand vulnerable. This is why…