NBFC Factors: Meaning, Role & RBI Regulations in India

An NBFC-Factor is a type of Non-Banking Financial Company (NBFC) that is primarily engaged in the business of factoring. Factoring is an important source of…

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NBFC  – A Step by Step Takeover Process

Introduction Off lately there has been an increasing demand for credit across corporate and industrial sectors. Unlike conventional institutions and banks, Non-Banking Financial Company (“NBFC”)…

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RBI Approval for Change in Management of Non-Banking Financial Companies (NBFC)

Non-Banking Financial Companies (NBFCs), as the name suggests, are the companies established under the Companies Act. NBFCs are intermediaries engaged in the business of finances,…

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FAQs on NBFC

NBFCs or Non-Banking Financial Companies are a major contributor to the 12.5% GDP rise in India. In addition to this, NBFCs have a projected growth of…

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RBI Guidelines to Banks, NBFCs on Penal Charges

  In recent years, customer complaints against banks have gone up manifold. These complaints include miss-selling of insurance policies, unfair recovery tactics, hidden charges and…

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RBI Compliance Regulations and the Role of Advanced Technologies in Bank and NBFC

Author: Ankit Baid, Research Analyst at Affluence Advisory The key regulations and guidelines issued by the RBI cover various aspects of operations, including prudential norms,…

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Scale-Based Regulation (SBR) 2023 for All Non-Banking Financial Companies (NBFC)

The Reserve Bank of India (RBI) has played a crucial role in regulating the NBFC sector over the years. With the sector’s evolution and growth…

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NBFCs and IT Governance: Ensuring Future Readiness

Author: Ankit Baid, Research Analyst at Affluence Advisory CURRENT PROTOCOLS FOR NBFCs: Under the current system, there were dozens of directives and alerts regulating the…

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Middle Layer NBFCs: Navigating Scale-Based Regulations

As per Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023 (hereinafter referred to as “SBR Master Direction”…

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Responsibilities of the NBFCs registered with RBI, about submission and compliances

A Non-Banking Financial Company (NBFCs) is a company registered under the Companies Act, 2013, engaged in the business of loans and advances, acquisition of shares/…

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