Articles tagged with companies

Roles and Responsibilities of Internal Audit


An internal auditor is a company employee who independently evaluates the company’s dealings by providing objective assurance and consultation internally, which adds value and improves the operations of the company.

16 Nov 2021 by Deeparzoo Bhogal

NBFC Collaboration


Collaboration of two entities has always been a significant concept, which brings a wide range of benefits along with it such technological up-gradation, skilled team of professionals, more growth and innovation.

17 Nov 2021 by Bhawna Arora

NBFC Returns vs Intimations


Non-Banking Financial Companies (NBFC) are those financial services that are expanding their market reach on a high scale. As per the guidelines of the Reserve Bank of India, NBFCs are required to submit various returns to RBI.

17 Nov 2021 by Bhawna Arora

Minimum Capital Requirements for NBFC


NBFCs are governed by the RBI Act and they must mandatorily follow all the guidelines of RBI. As provided in the Act, before commencing the business as NBFC, it is necessary to obtain a Certificate of Registration (CoR) from RBI and fulfill the criteria o

17 Nov 2021 by Bhawna Arora

How to register an NBFC?


A company registered under the Companies Act having the principal business activity of providing financial services is a Non-Banking Financial Company (NBFC).

17 Nov 2021 by Bhawna Arora

Fintech vs. NBFC


Fintech and NBFCs are covered under favorable government policies and regulations allowing them to expand their services to various market segments.

17 Nov 2021 by Bhawna Arora

Funding in NBFC


NBFC are companies whose principal business is dealing in financial activities. Though undertaking financial activities, NBFCs are dissimilar to banks as NBFCs cannot accept demand deposits and cannot issue cheques drawn on their own, NBFC also does not f

18 Nov 2021 by Bhawna Arora

Documents Required for NBFC


Successful registration of NBFC encompasses a comprehensive list of several documents. It is very important to gather each and every one of them to get an NBFC Certificate.

19 Nov 2021 by Palak Arora

PBC for NBFC


The Reserve Bank of India has provided various guidelines to be followed by NBFCs.

19 Nov 2021 by Bhawna Arora

Recovery Mechanism for NBFC


The Ministry of Finance (Department of Financial Services) issued a notification dated February 12, 2021, which amended the “Department of Financial Services” notification dated 24th February 2020.

19 Nov 2021 by Bhawna Arora