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over 4 years ago

Microfinance Internal Audit Checklist

It aims at gaining the trust of more and more people.
over 4 years ago

Internal Auditor: Why Are They Important?

Role of an internal auditor is important as it keeps the company’s compliance in line with the rules and guidelines set forth.
over 4 years ago

Cost Audit Importance

Applicability and non-applicability of cost audit: Every company specified like drugs and pharmaceuticals, fertilisers, sugar, etc shall get its cost records audited in accordance to the rules mentioned in the Company Act, 2013.
over 4 years ago

Nbf Cs Internal Audti Policy

There are different types of NBFCs, and they are as follows: Infrastructure Finance Company Investment and Credit Company  Asset Finance Company Loan Company Investment Company Core Investment Company Housing Finance Company Mortgage Guarantee Company Micro Finance Institutions Infrastructure Debt Fund How to classify NBFCs?
over 4 years ago

Nbf Cs In Insurance Business

The guidelines provide that NBFC registered with RBI, having Net Owned Fund (NoF) of rupees five crores as per the last audited balance sheet shall be permitted to undertake insurance business as an agent of insurance companies.
over 4 years ago

Declaration And Dividend By Nbfc

Other criteria: The NBFCs must comply with Section 45 IC of the RBI Act, 1934.
over 4 years ago

Change The Name Of Nbfc

CC.No. 12 /02.01/99-2000 dated January 13, 2000, it was provided that NBFC must obtain prior approval of RBI before applying to the Registrar of Companies (ROC) for change of name.
over 4 years ago

Update Nbfc Registered Address

These companies are under obligation to fulfill the statutory requirements imposed by the Companies Act and RBI.
over 4 years ago

Nbfc Concerns

Where the depositor dies, the company may repay the deposit at the request of the joint holders within the lock-in period.
over 4 years ago

Fa Qs On Nbfc

Define a Non-Banking Financial Company (NBFC)?