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An NBFC-P2P lending platform serves as a digital marketplace for participants involved in peer-to-peer lending. It is a class of NBFC recognized by the Reserve Bank of India (RBI). If you want to lear ....
Directors help to ensure the company’s regulatory compliance with regulatory requirements. For any company, the appointment of directors is crucial. Appointment of a director in an NBFC company ....
India’s financial services industry is huge. It comprises not only the commercial banks but also Non-Banking Financial Companies (NBFCs). NBFCs offer a wide range of financial services such as c ....
Non-Banking Financial Companies (NBFCs) started humbly in the 1960s in India to serve as an alternative for savers and investors having financial needs that the existing banking system could not fulfi ....
Non-Banking Financial Companies (NBFCs) are financial institutions which are involved in providing financial services similar to a bank but do not have a banking license. The concept of NBFC emerged i ....
The rules and regulations of the Reserve Bank of India (RBI) were easy to follow for NBFCs. But after the Sahara case in 2012, which involved a major Non-Banking Financial Company group. The irregular ....
An NBFC stands for Non-Banking Financial Company. It is a company registered under the Companies Act of 1956. The company is involved in various financial activities such as lending, hire-purchase, le ....
The XBRL stands for eXtensible Business Reporting Language. It is a language used for electronic communication between businesses through the financial data trader or business reporting by analysts, i ....
A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act 1956 engaged in the business of loans and advances, and acquisition of shares/ stocks/ bonds/ debentures/ securities. ....
The financial sector of India is diverse and NBFC is playing an important role in the sector. The NBFCs are filling a financial gap in the sectors which are underserved by the banks. However, there is ....
