nbfc

  • RBI

RBI to merge the three categories of NBFCs into a new category called NBFC-ICC

RBI has decided to merge the three categories of NBFCs viz. AFC, LCs and ICs into a new category called…

5 years ago
  • RBI

Relaxation on the guidelines to NBFCs on securitisation transactions by RBI

Relaxation on the guidelines to NBFCs on securitisation transactions In order to encourage NBFCs to securitise/assign their eligible assets, RBI…

5 years ago
  • Income Tax

Disallowance u/s 40(a)(ia) for non deduction of tax on payments to well-known NBFCs

Disallowance u/s 40(a)(ia) for non deduction of tax on payments to well-known NBFCs-ITAT remands issue for examination if NBFCs offered…

5 years ago
  • RBI

RBI cancels Certificate of Registration of 5 NBFCs

RBI cancels Certificate of Registration of 5 NBFCs The Reserve Bank of India (RBI) has cancelled the certificate of registration…

6 years ago
  • RBI

RBI withdraws Exemptions Granted to Government Owned NBFCs

RBI withdraws Exemptions Granted to Government Owned NBFCs RESERVE BANK OF INDIA RBI/2017-18/181 DNBR (PD) CC.No.092/03.10.001/2017-18 May 31, 2018 All…

6 years ago
  • Finance Ministry

NBFCs asked to register their Principal Officer/Designated Director under PMLA Rules

Non-Compliant NBFCs which have not fulfilled their obligations under PML Rules relating to registration of Principal Officer have been asked…

6 years ago
  • RBI

15 NBFCs surrender their Certificate of Registration to RBI

15 NBFCs surrender their Certificate of Registration to RBI   Reserve Bank of India Date : Aug 24, 2017 15 NBFCs…

7 years ago
  • RBI

RBI directs NBFCs to appoint nominated counsels in High Court

RBI directs NBFCs to appoint nominated counsels in High Court to represent them when a petition is filed seeking interim…

7 years ago
  • RBI

RBI Master Direction- Information Technology Framework for NBFC Sector

RBI Master Direction- Information Technology Framework for NBFC RBI/DNBS/2016-17/53 Master Direction DNBS.PPD.No.04/66.15.001/2016-17 June 08, 2017 Master Direction - Information Technology…

7 years ago
  • RBI

NBFCs registration certificate cancelled by RBI. Nine Non-Banking Financial Companies cannot transact business as per RBI Act

NBFCs registration certificate cancelled by RBI. As per order nine Non-Banking Financial Companies cannot transact the business as per RBI…

7 years ago