The RBI has recently canceled multiple NBFC registrations, leading to financial and operational disruptions. If your NBFC is affected, you have 30 days to appeal!
Key Reasons for Cancellation:
✔ Non-compliance with the RBI Act
✔ Inadequate cap...
If you're running an NBFC, you already know—compliance is non-negotiable. One missed filing or overlooked regulation could lead to penalties, restrictions, or even license cancellation.
With RBI tightening regulations, staying compliant ...
The fintech industry is witnessing rapid growth and innovation, with companies continuously seeking new avenues to expand their reach and improve their service offerings. One significant trend that has emerged is the acquisition of Non-Banking Financ...
Introduction
Non-banking financial companies (NBFCs) play a quintessential role in bridging the credit gap within economies worldwide, especially in the dynamic financial background of 2024. The rapid development and diversification of NBFCs ensur...
Introduction
The financial technology (fintech) sector has been experiencing unprecedented growth, with companies continually seeking innovative ways to expand their reach and enhance their offerings. One significant trend is the acquisition of no...
As regulatory expectations evolve, Non-Banking Financial Companies (NBFCs) face increasing demands to develop comprehensive policies ensuring compliance, effective risk management, and robust governance. This is particularly crucial for NBFCs in the ...
Imagine being able to withdraw cash from an ATM without using your card or deposit cash using only your smartphone. Thanks to the efforts of the National Payments Corporation of India (NPCI) and the Reserve Bank of India (RBI), this is now possible w...
In recent months, the Reserve Bank of India (RBI) has implemented several stringent measures affecting non-banking financial companies (NBFCs). These measures include restrictions on important business areas such as gold loans and securities financin...
In the dynamic realm of Non-Banking Financial Companies (NBFCs), takeover processes play a crucial role in shaping market landscapes and strategic trajectories. Let’s delve into the intricacies of NBFC takeovers, exploring the reasons behind th...
In the intricate ecosystem of finance, small Non-Banking Financial Companies (NBFCs) often find themselves navigating a landscape fraught with operational challenges. These hurdles, stemming from limited resources and scale, can impede growth and sus...