19 Jun, 18
Management Transfer of NBFCs
It is very often usual Non-Banking Financial Companies (NBFCs) to transfer their management. Management transfer becomes necessary because of various reasons on the face....
18 Jun, 18
ALERT DIRECTORS – MCA Is Watching!!
ALERT DIRECTORS – MCA Is Watching!! In 2017, Ministry of Corporate Affairs (MCA) took a drastic step and de-registered almost 2.3 lakh companies. This also resulted in the de-activation of DINs (Director Identification Number) of almost 3.10 lakh directors. This has created panic and uncertainty in the financial and industrial sector. Reasons for ‘Strike Off’ […]
14 Jun, 18
Disqualified Directors? Ray of Hope!
The news of Ministry of Corporate Affairs (MCA) taking stringent action against erring companies has created ripples in the financial world. In September 2017, more than three lakh companies were struck off, in turn leading to as many Directors losing their DIN (Director Identification Number). The most obvious reason being that the defaulter companies have […]
12 Jun, 18
Core Investment Company
Core Investment Companies are limited companies which hold equity shares, and also preference shares or debentures in other group companies. Very often these companies are primarily establishing....
12 Jun, 18
Online NBFCs – Recent Trends and Players
With a high growth rate every year, there are many ways in which internet has affected the financial services sector including the NBFCs in India. To differentiate their services....
01 Jun, 18
About ESOP: Things You Need to Know!
What is ESOP? ESOP or Employee Stock Option Plan can be defined as a type of employee benefit plan which is given to employees of the company where they could hold stocks or acquire some ownership in the company. “Employees and Management see ESOP as a reward for their reward and hard work and as […]
29 May, 18
Eligibility Norms to Start a NBFC Business
While Non-Banking Financial Companies (NBFCs) in India are doing well, there is a growing interest in the country to register new companies It is, therefore, important to know the eligibility norms to start....
22 May, 18
Industry Benchmark Case Laws on NBFCs
Industry Benchmark Case Laws on NBFCs Industry benchmarking is used to establish performance standards and detect trends in a broader competitive environment. Non Banking Financial Corporations (NBFCs) see benchmarking as a tool to compare product attributes, quality, operations, and processes. It is recognized that besides competition and other factors; laws, rules and regulations contribute to […]
15 May, 18
History of NBFCs – How NBFCs have Evolved!
The non-banking financial companies (NBFCs) which are heterogeneous in nature in term of activities and size are important financial intermediaries, and an integral part of the financial system in India....
08 May, 18
Fixed and Variable Compliance Mechanism of NBFCs
Compliance mechanisms or the directions framing these mechanisms may not always be taken in a positive way; however, non-banking finance companies (NBFCs), need to rise to the demands...