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The NBFC-P2P is a new category under the Non-Banking Financial Institutions (NBFC) which includes the business of Peer to Peer Lending. The P2P lending service was in India before early 2014 but there ....
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 ....
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 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 ....
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 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 ....
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 ....
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 ....
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 ....
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 ....
