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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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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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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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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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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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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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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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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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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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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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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