Enterslices
Uploaded on Dec 4, 2023
Category
Business
Non-Banking Financial Companies (NBFCs) in India adhere to stringent licensing norms set by the Reserve Bank of India (RBI). These norms encompass minimum capital requirements, governance standards, risk management protocols, and compliance measures. They ensure financial stability, and consumer protection.
Category
Business
NBFC Licensing Norms in India
NBFC (Part-2)
NBFC (Non-Banking Financial Company) is engaged in
financial activities as defined under section 45-IA of the
RBI Act 1934 but does not possess a banking license.A
company can offer banking services such as lending of
loans, assets mortgage, insurance, hedge funds, etc
after NBFC Registration.
+91-9870310368
Thank You!
Comments