If you are looking to establish a Non-Banking Financial Company (NBFC) in India, our comprehensive advisory services are here to guide you through every step of the process. As a specialized NBFC Advisor, we offer end-to-end support to ensure that your company meets all regulatory requirements and secures the necessary licenses from the Reserve Bank of India (RBI).
Our Services Include:
1. Incorporation Advisory
- Company Formation: We assist in the incorporation of your company under the Companies Act, 2013, whether as a Private Limited or Public Limited entity.
- Net Owned Funds Compliance: Guidance on ensuring your company meets the minimum Net Owned Funds (NOF) requirement of INR 2 crores.
2. Online Application Assistance
- Accessing PRAVAAH: We help you navigate RBI’s secured PRAVAAH platform for downloading and submitting the NBFC registration application.
- Form Completion: Expert assistance in accurately filling out the application form with all required data.
- Document Submission: Support in compiling and submitting the hard copy of the application, along with all necessary documents, to the appropriate RBI Regional Office.
3. Documentation Support
- Certification and Verification: Obtain certified copies of essential documents like the Certificate of Incorporation, MOA, and others.
- Financial Statements Preparation: Assistance in preparing and auditing financial statements for existing companies.
- Board Resolution Drafting: Crafting board resolutions that comply with RBI’s requirements, confirming that the company will not engage in NBFC activities prior to registration.
- Director's Experience Documentation: Help in preparing and presenting experience certificates for directors in the Financial Services sector.
- Banker's Report: Assistance in obtaining a banker’s report detailing your company’s financial status.
4. RBI Application Process Management
- Application Review: We thoroughly review your application before submission to ensure all requirements are met.
- Liaison with RBI: Continuous follow-up with the RBI to track your application status and address any queries that may arise during the inspection process.
5. Compliance and Regulatory Advisory
- Regulatory Framework Guidance: Detailed advice on the regulations under Chapter III B of the RBI Act, 1934, which governs NBFC operations.
- Exemption Clarification: Assistance in determining whether your NBFC falls under any regulatory exemptions, such as Venture Capital Funds, Stockbroking companies, or Insurance companies.
- Prudential Norms Compliance: Guidance on adhering to RBI’s prudential norms, including income recognition, asset classification, capital adequacy, and statutory liquidity requirements.
6. Post-License Compliance
- Ongoing Compliance Support: Continuous support to ensure your NBFC remains compliant with all regulatory requirements post-registration.
- Reporting and Filings: Assistance with required filings, disclosures, and adherence to exposure norms, including maintaining the required Loan-to-Value (LTV) ratio and other key metrics.
Why Choose Us?
- Expertise: With deep knowledge of the NBFC sector, we provide precise and reliable advisory services.
- Tailored Solutions: Our services are customized to meet the unique needs of your NBFC, ensuring you meet all regulatory requirements.
- End-to-End Support: From initial consultation to securing the RBI license, we guide you through every stage of the process.
Get Started Today
- Contact Us: Reach out for a consultation, and let’s discuss how we can help you successfully navigate the NBFC registration process.
By leveraging our specialized advisory services, you can focus on building and growing your NBFC, while we handle the complexities of the registration and compliance processes.