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NBFC Incorporation
"NBFC-Investment and Credit Company”

Everything You Need to Know about NBFC-Investment and Credit Company

Everything You Need to Know about NBFC-Investment and Credit Company The Reserve Bank of India (RBI) in its bid to harmonize Non-Banking and Financial Companies (NBFCs) released a notification on 22nd February 2019 that merged three categories of NBFCs into one called “NBFC-Investment and Credit Company”. The new financial entity also termed as NBFC-ICC was […]
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Influx of NBFCs- Easy Procedure, Flexibility & Low Operative Costs: Decode the Checklist

Influx of NBFCs- Easy Procedure, Flexibility & Low Operative Costs: Decode the Checklist!

Influx of NBFCs- Easy Procedure, Flexibility & Low Operative Costs: Decode the Checklist! Venturing into Non-Banking Financial Companies (NBFCs) sector has become easier post demonetization. Realizing that the banks alone cannot cater to the financial demands of all Indians, the Reserve Bank of India (RBI) has simplified the norms for new entrants in this field. […]
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Checklist for Incorporation of NBFC

Checklist for Incorporation of NBFC

Checklist for Incorporation of NBFC The procedure for incorporation of NBFC under Companies Act 2013 has been further made easy. The streamlining being done is as follows: Now an NBFC can be directly registered with MCA. No prior approval is required from RBI. RBI comes into picture only post the incorporation of the NBFC. Without […]
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