“Excellent advisory role by Enterslice Team. They are a trusted partners to us. Narendra and his team helped us with our pre NBFC applications and Post NBFC advisory services.” Amit Goel “They provided customized and Highly skilled CA &services. The management invests themselves in your work...
allowing for a proper structure and a few restrictions that favour NBFC clients for their safety. As an innovation facilitator, the RBI has done a remarkable job of setting out
In case of intra-group transfers, NBFCs shall submit an application, on the company letter head, for obtaining prior approval of the Bank. Based on the application of the NBFC, it would be decided, on a case to case basis, whether the NBFC requires to submit the documents as prescribed ...
5% Off on Professional Courses And Much More! Subscribe Now Conclusion With the introduction of the new regulations, RBI has widen the scope of companies that can undertake factoring business and to make room for more NBFCs to participate in business. Other NBFC-ICCs can also undertake facto...
Bank’s Confidential Report; Audited company’s Balance Sheet; Details of associated financial companies, like NBFC; Certificate from Statutory Auditors (for net-owned funds); Last 3 years Audited P&L Accounts; Details of the nature of the company; A previous application for FFMC (if any); Bo...
To review regulatory and supervisory approaches on AI with focus on financial sector globally. To identify potential risks associated with AI, if any and recommend an evaluation, mitigation and monitoring framework and consequent compliance requirements for financial institutions, including banks, NBFCs, ...
5. Discussion Paper on Scale-based Regulatory Framework for NBFCs The contribution of NBFCs as a supplemental channel of credit intermediation alongside banks is well recognised. Regulatory regime governing the NBFC sector is built on the principle of proportionality such that adequate operational f...
These practices, which the RBI describes as akin to a ‘rent-an-NBFC’ model, present a challenge around monitoring unregistered and informal lending and outsourcing, and anonymised ‘shadow lending’ as a result of this. These were some of the primary concerns identified by the RBI Report ...
indiap2p is a nbfc-p2p, licensed by the reserve bank of india (rbi) under the name trickle flood technologies pvt. ltd.yes, indiap2p is an nbfc-p2p certified by the reserve bank of india (rbi). indiap2p’s operations and offerings to lenders and borrowers are bound by rbi regulations....
According to the RBI's report on municipal finances, "the majority of municipal bonds are privately placed with select investors and this limits the investor base." The RBI's report on municipal finances states that public bond issues were offered in Ahmedabad (in 1998 and 2019) and Indore (...