Non-Banking Financial Companies (NBFCs) are financial institutions that provide a wide range of financial services similar to banks but without holding a banking license. NBFC Registrations play a crucial role in India's financial ecosystem by expanding services such as lending, investment, asset management, and credit facilitation. They serve as an alternative source of funding for [...]
According to an RBI report, in 2017, Non-Banking Financial Company, are performing better than the banks are saddled by bad loans and poor profitability. The realization comes as NBFCs has been the largest net borrowers of funds from the financial system, in a few financial years. There are growth opportunities for NBFCs because they are involved [...]
Before getting into the main components of NBFC evaluation, here is brief information about NBFC. Registered under the Companies Act, 1956, NBFC Registration is provided to the companies engaged in the business of: loans and advances, investments in stock/equity/shares/bonds/debentures and other Govt securities, hire-purchase, chit fund, lease, insurance business, but cannot include in: agricultural activity, industrial [...]
