For example, the deposits in NBFC are not insured. Or, unlike banks, all NBFCs are not allowed to accept deposits payable on demand or issue cheques. Because of these financial constraints, strict RBI regulations, and other reasons, the operations are sometimes difficult to keep up. So ...
For example, if a shareholder was holding 25% shares in the NBFC, and now proposes to acquire another 1%, is this subject to regulatory approval? The answer should be clearly yes, because the shareholder will now be having what is regarded by the regulation as significant shareholding. On th...
It is India’s Digital Public Infrastructure that is the main driver of the transformation into which the whole world is beckoning. Digital NBFCs use this innovative and efficient paradigm to raise the bar in their lending models powered by AI/ML for redefining MSME credit, thereby unlocking new...