A Complete Guide To Set-up Micro Finance Institutions As NBFC
Micro finance institutions or MFI can be established as NBFC by following [...]
Micro finance institutions or MFI can be established as NBFC by following [...]
Running a household involves many aspects, fixing and maintaining the house [...]
Non-Banking Financial Company or NBFC refers to a company registered under the [...]
If you want to start a new Asset financing company, then not [...]
A non-banking financial company (NBFC) is a company which is registered under the Companies Act, 2013 or earlier Companies Act, 1956 involved in the business of loans and advances....
Nidhi Companies in India is registered with the objective of cultivating the habit of Thrift and Saving amongst its members with Mutual Benefit thereof. By structure, all these companies....
No non-banking institution other than a company shall undertake the business of Peer to Peer Lending Platform. No NBFC-P2P shall commence or carry on the business.....
NBFC-P2P shall maintain a Leverage Ratio not exceeding 2.The aggregate exposure of a lender to all borrowers at any point of time, across all P2Ps, shall be subject to a cap of 10,00,000/-.
1. An NBFC-P2P shall - act as an intermediary providing an online marketplace or platform to the participants involved in Peer to Peer lending; not raise deposits as defined by .....
Fund transfer between the participants on the Peer to Peer Lending Platform shall be through escrow account mechanisms which will be operated by a trustee. At least two escrow accounts.....
NBFC-P2P shall ensure that the providing of services to a participant, who has applied for availing of such services, is backed by appropriate agreements between the participants....
Modi Government seems unsatisfied with staggering 37% increase in FDI achieved in April-June 2017 as compared to last quarter. To further boost the economy.....