Articles tagged with companies

Non-Banking Financial Company (NBFC)

NBFC's are financial organisations that do not have full banking license but they provide financial services similar to that of banks.These companies are registered under Companies Act, 1956 and Companies Act,2013.

06 Apr 2018 by Archi Bhatia

Different Types Of NBFC in India

Various types of NBFC's in India are Asset Finance Company, Investment company, Investment Company, Infrastructure Finance Company, Housing Finance Company, Micro Finance Company etc.

13 Apr 2018 by Archi Bhatia

Difference Between an NBFC and Commercial Bank

Both types of companies are dealing in providing financial services to general public.The critical difference between NBFC and banks is that NBFC's cannot accept deposits whereas banks have licence and RBI approval to accept it.

13 Apr 2018 by Archi Bhatia

Future of NBFC in India

Unlike the other players in the banking and financial segment, NBFCs grew by 15.5 percent in Financial Year (FY) 2016-17 as against 9.1 percent growth in Financial Year 2015-16.

21 Apr 2018 by Archi Bhatia

Takeover of NBFC

Before acquiring any NBFC company the acquirer company has to file an application to RBI in their letterhead, but certain takeovers are kept out of the purview of the terminology takeovers by RBI. Know more..

15 Jun 2018 by Archi Bhatia

Incorporation Of NBFC In India Under Companies Act

NBFC’s primarily deal in the acquisition of stocks, debenture, and securities issued by the government or local authority they also deal in the business of advances and loans. Read for more..

18 Jun 2018 by Archi Bhatia

Applicability of SARFAESI Act for NBFC

SARFAESI Act is a legislation that helps financial institutions to ensure asset quality by addressing the problem of Non-performing assets. SARFAESI act gives special power to banks and financial institutions.

18 Jun 2018 by Archi Bhatia