From licensing to operations, the Reserve Bank of India (RBI) regulates various aspects of Non-Banking Financial Companies (NBFCs) across India. The comprehensive supervision enhances their transparency and keeps them on track from a legal standpoint. Over the years, NBFC norms…
The dynamic nature, endless compliances, and stiff competition make it hard for most NBFCs to operate seamlessly for long. Since these firms experience myriad and delicate transactions, they are bound to abide by RBI’s stringent norms to stay transparent, legitimate,…
NBFCs have long been supporting the financial sector by augmenting credit accessibility and financial inclusivity. Their contribution to thriving the corporate and financial landscape is unprecedented and invaluable. Similar to traditional banks, NBFCs offer various services with few exceptions. NBFCs…
NBFCs are the key pillars of the financial sector, elevating financial inclusivity for those experiencing capital or credit issues. The advent of NBFCs has harmonized the financial sector and broadened credit accessibility, spanning almost all kinds of entities regardless of…
How to get NBFC license in India- A Non-Banking Financial Company (NBFC) offers various financial services such as loans and advances facilitation, stock acquisition, hire-purchase, insurance, etc. Despite being akin to traditional banks in many aspects, NBFCs cannot accept demand…
An NBFC business plan plays a vital role in augmenting the company’s credibility among stakeholders and potential investors. It is not merely a sneak peek into what the company is all about or what it offers, it is a brief…