NBFC Registration


Different NBFC Licenses for different purposes
Different NBFC Licenses for different purposes
NBFC Registration

Every NBFC registration or NBFC license holder company has a type. An NBFC is set up for a wide variety of purposes. The intent of the Rbi to set up different kinds of NBFCs in India is to utilize the ....

  • October 07, 2022
  • Dushyant Sharma
Depositor Protection Issues in a registered NBFC
Depositor Protection Issues in a registered NBFC
NBFC Registration

After completing an NBFC registration process, the NBFC can fully function as a financial institution. It can provide loans to the needful borrowers and accept deposits from enthusiastic depositors. T ....

  • November 05, 2022
  • Dushyant Sharma
Understanding the NBFC License Renewal Process - A Step-by-Step Guide
Understanding the NBFC License Renewal Process - A Step-by-Step Guide
NBFC Registration

A Non-Banking Financial Corporation or NBFC refers to a business entity that is set up under the Companies Act 2013 or 1956. In a country like India, NBFCs play a pivotal role along with the banking i ....

  • May 04, 2023
  • Dushyant Sharma
What are the Different Types of NBFC Licenses Available and Their Specific Requirements?
What are the Different Types of NBFC Licenses Available and Their Specific Requirements?
NBFC Registration

NBFC is a company which is incorporated under the companies act 2013 or 1956 and providing financial services will be an NBFC. It is mainly engaged in loans and advances, acquisition of stocks, equali ....

  • June 01, 2023
  • Dushyant Sharma
Reasons Behind NBFC License Cancellation
Reasons Behind NBFC License Cancellation
NBFC Registration

Recently, RBI canceled the Certificate of Registration (CoR) of seven Non-Banking Financial Institutions (NBFCs) under Section 45-IA (6) of the RBI Act, 1934. 

 

“The Reserve Bank of ....

  • June 16, 2023
  • Dushyant Sharma
Fair Practices Code (FPC) for NBFC- Microfinance Institutions
Fair Practices Code (FPC) for NBFC- Microfinance Institutions
NBFC Registration

The RBI has issued a Fair Practice Code (FPC) for NBFC-MFIs to set standards for fair business and practices done in the company while dealing with the customer. The company must follow the FPC recomm ....

  • June 21, 2023
  • Dushyant Sharma
Appeal Against the NBFC License Cancellation in High Court
Appeal Against the NBFC License Cancellation in High Court
NBFC Registration

For the financial year 2023, the RBI has canceled the Certification of Registration of 17 non-banking financial companies. On the basis of the power of RBI under section 45-IA of the RBI Act 1934.&nbs ....

  • June 29, 2023
  • Dushyant Sharma
NBFC License vs. Bank License: Understanding the Differences and Similarities
NBFC License vs. Bank License: Understanding the Differences and Similarities
NBFC Registration

In a financial system, there are two main intermediaries first is bank and second is NBFC. The traditional institutions that accept public deposits and give them back as a loan to the general public a ....

  • July 15, 2023
  • Dushyant Sharma
Microfinance Company Registration - RBI Guidelines, Documents & Process
Microfinance Company Registration - RBI Guidelines, Documents & Process
NBFC Registration

To provide the loan facility in urban and rural areas, the Government of India has introduced the concept of microfinance institutions. In previous years, the MFI has gained lots of popularity because ....

  • September 22, 2023
  • Dushyant Sharma
Exploring the Benefits of Starting an NBFC in the Current Fintech Landscape
Exploring the Benefits of Starting an NBFC in the Current Fintech Landscape
NBFC Registration

The NBFCs have created a strong buzz across the Indian fintech space. They become a major part of the government’s financial inclusion because of their vast potential to disrupt the current and ....

  • October 05, 2023
  • Dushyant Sharma

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