NBFC License and NBFC Registartion

  Non-Banking Finance companies are expected to report as much as 35 percent growth in earnings as retail loans by small and medium enterprises continued at a brisk pace even as state-run lenders continued to hold on to their purse strings due to bad loans. Housing finance companies will maintain momentum with the growth coming Read More →

NBFC license

NBFC played a critical role in stimulating the growth of the Indian economy and now NBFCs become real game changers in finances industry. NBFCs, continuously involved in providing financial services such as personal loans, financing of car/bike, truck financing, farm equipment financing, loans for purchase of used commercial machinery, secured/unsecured working capital financing, etc. The Read More →

Non Banking Financial Company NBFC

Cabinet Liberalises Foreign Investment Norms For NBFC Sector: Expanding the list of non-banking financial companies which can attract foreign direct investment, the Cabinet on Wednesday permitted foreign investment through the automatic route in “other financial services”, if they are under regulators like the Reserve Bank of India and market regulator Securities and Exchange Board of Read More →

Investors have fallen for stocks that till yesterday were considered just an arbitrage play over banks…. !! Shares of non-banking financial companies (NBFC) have been on fire on Dalal Street. In a note tilled What Doesn’t Kill You Makes You Stronger, Amay Hattangadi, managing director of Morgan Stanley Investment Management (MSIM), and Swanand Kelkar, executive Read More →

growth

In the course of recent months, shares of non-banking financial companies have been on a joyride despite the fact that the bad-loan issue has dragged banking stocks down. NBFC stocks have even bested stocks of private banks, which had been until now financial specialists’ top picks. Some NBFC shares have surged 60-80% in the present Read More →

NBFC Licesing & Registration in India

The Reserve Bank of India (RBI) on Friday simplified the process of registration of new non-banking finance companies (NBFCs) by reducing the application form and the checklist of documents from the existing set of 45 documents to just seven and in some cases eight. And deposit taking and non-deposit taking NBFCs would have separate applications Read More →