The SEBI circular mandates that, as of April 1st 2023, physical shareholder folios that are missing any of the data—such as a PAN, email address, mobile number, bank account details, or nomination—must be frozen.

Month: March 2018

Minimum Capital Requirements of NBFC

Minimum Capital Requirements of NBFC The NBFC’s have come a huge way in terms of their operation, size, technology, and financial products. The first and the foremost need for any NBFC to begin nay operation is obtaining Certificate of Registration from the RBI to carry out the operations. The RBI has tightened rules for the […]
Read more
NBFC Sector in India

NBFC Sector in India

NBFC Sector  While understanding the basic idea of a Non-Banking Financial Companies (NBFCs), we need to know what exactly NBFCs are. As per law, A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of shares / stocks / bonds / debentures […]
Read more