Freezing of Folios of physical shareholders... Last date for KYC is 30th September 2023... Act now Ref: SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/37

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NBFC
"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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Why Opening a Medical Financing NBFC is a Profitable Idea?

Why Opening a Medical Financing NBFC is a Profitable Idea?

 Opening a Medical Financing NBFC is a Profitable Idea? Medical financing NBFC is a flourishing business in India due to its rapidly developing healthcare system. The COVID-19 crisis has also simulated both central and state governments to act on strengthening the healthcare network in India.  However, the cost of getting medical assistance for any fatal […]
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Effect of COVID-19 on NBFC Business in India

Effect of COVID-19 on NBFC Business in India

Effect of COVID-19 on NBFC Business in India NBFCs or Non-Banking Financial Companies, play a very pivotal role in the Indian financial system, as they cater to the diverse financial needs of millions of individuals as well as small firms. The health crisis caused by the Covid-19 pandemic has brought the economy of the country […]
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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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