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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